MONTREAL -- Metro-Richelieu here and its affiliated retailers plan to reduce capital investments in 1998 to $56 million U.S. -- a drop of 8.2% from the $61 million spent in 1997 -- according to the distributor's annual report. at $30 million encompassed four new stores and 73 renovations or expansions for a pickup of about 3% in retail floor space, the report said. According to the report, the company focused on retail investment last year "to continue firming up its market share." ...

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.
 

Click here to read the FAQ page if you have any questions (opens in a new window)
 

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.

Already registered? here.