ARCADIA, Calif. -- Vons Cos. here said several factors contributed to a 4.2% sales decline in the first quarter ended March 27. Same-store sales fell 5.5%. Sales totaled $1.14 billion in the 12-week period. Sales have declined for five consecutive quarters. Among the factors that Vons said contributed to the lower sales were the weak economy, competitive new-store openings and remodels, and Vons' own reduced shelf prices, which were implemented in the recently launched Vons Value Program. ...
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.
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.