The future is now. what many retailers seemed to be telling themselves in 1995 as they increased their capital budgets for new stores and remodels. The biggest spender this year was American Stores Co., Salt Lake City, which spent a whopping $750 million on capital projects -- the largest outlay in its history -- to open 81 new stores and complete 87 major remodels and 102 minor remodels. American said it will keep up the record-setting pace in 1996 by allocating $900 million to capital ...
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