JACKSONVILLE, Fla. — In a conference call discussing second-quarter earnings yesterday, Winn-Dixie Stores said that during the first half the chain’s 54 offensive remodels had a weighted average sales gain of 9.6%, slightly below its 10% target.
It has now remodeled 112 stores, or approximately 20% of it store base. It plans to remodel 17 in the third quarter and 41 in the fourth for a total of 170 by the end of its fiscal year in late June, representing about one-third of its base.
As reported yesterday, the chain saw its net income quadruple in the fiscal second quarter after adjusting its promotional spending around the holidays.
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