WAYNE, N.J. -- Grand Union Co. here said last week it expects to increase square footage by 600,000 square feet, or 10%, over the next 12 months. J. Wayne Harris, chairman and chief executive officer, said the company plans to open 16 to 18 new stores and complete 20 remodelings during that period, at a cost of $100 million, most of which will be financed from internal cash flow. In other disclosures last week: Grand Union said it has signed a new multiyear contract with C&S Wholesale ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.