NEW YORK -- For the second time this year, Vons Cos. is trimming its capital-expenditures budget in an effort to concentrate on improving its current store base, according to securities analysts who attended a closed presentation by the retailer's executives here. The budget, originally set for $270 million, was cut back to $215 million earlier this year. While acknowledging that further reductions are expected, the analysts said Vons officials did not say at the presentation late last ...

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