BELLEVUE, Wash. -- Quality Food Centers here said acquisitions and remodels contributed to higher sales during the first quarter ended March 25. However, continued food price deflation and increased competition offset some of those gains. And a one-time charge related to the 60-store chain's recently completed recapitalization depressed income. Net earnings for the 12-week period were $3.8 million, down 30.6% from last year. Earnings for the latest quarter reflected $1.4 million in fees ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Salary Survey 2015

Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick.  What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.

Click here to read the FAQ page if you have any questions (opens in a new window)

Attention Paid Print Subscribers:  While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.