A&P TO DOUBLE CAP-EX IN 2004, ROLL OUT NEW FORMATS e its capital expenditures in 2004 as it seeks to reverse ongoing losses and roll out its Food Basics format. It also has begun introducing some elements from a "fresh" prototype in Toronto to stores in the United States. A&P posted comparable-store sales gains of 1.5% for the fourth quarter ended Feb. 28, but its loss for the period was $57.1 million, vs. $21 million in the year-ago fourth quarter. The most recent quarter included ...
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 a complimentary copy of SN's salary survey sent to you by email.
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.