SALT LAKE CITY -- Smith's Food & Drug Centers here said the closing of 34 California stores reduced sales totals for the second quarter and half ended June 29. and 10.9% in the half. Although the acquisition of 28 Smitty's supermarkets in Arizona partially compensated for the sale of the California units, they were part of Smith's for only five weeks of the second quarter, the company noted. Same-store sales dipped 0.9% for the second quarter vs. a 2.7% decline in the first quarter. For ...

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.