The supermarket industry has a New Year's resolution: It's going to cut down on its habit of building new stores. Some of the major publicly traded food retailers have reduced their capital expenditure plans for 2003 from 2002 levels as they struggle to cope with a difficult operating and competitive environment. Analysts said one of the areas where they expect retailers to rein in their spending is new-store construction. "I think you're seeing a clear shift away from new stores and ...
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.