LANDOVER, Md. -- Giant Food here said an aggressive promotional program boosted sales for the quarter and fiscal year ended Feb. 25. The company also detailed plans for an 18-unit expansion over the next 18 months. For fiscal 1995, Giant had sales of $3.7 billion, a 3.6% increase over the prior year. Earnings for 52 weeks fell slightly to $94.2 million. The previous year's income included a one-time gain of $3.9 million for an income tax accounting change. For the 16-week quarter, sales ...
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.