ASHEVILLE, N.C. — Ingles Markets here last week said it plans to continue increasing its capital expenditures over the next few years. In a conference call discussing its fourth-quarter earnings, Robert P. Ingle, chief executive officer, said the company expects to spend $100 million in fiscal 2007, compared with $94.3 million in fiscal 2006 and $59.9 million in fiscal 2005. “We found some great locations, and we have got some ambitious plans for some new stores,” he said. “So it's not ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access 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’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.