Top supermarket companies have found a winning formula for growth and they seem to be sticking with it. Major industry players reported that more of their 1999 capital-expenditure dollars would be spent on store remodelings and relocations than on new store openings -- similar to findings in a 1998 survey conducted by SN. The companies -- including some of the more active ones on the consolidation scene -- are increasing their budget allocations for capital projects, though most are not ...

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