NEW YORK — Moody’s Investors Service changed its outlook on Ingles Markets from negative to stable and affirmed its Ba3 corporate credit rating, saying the Asheville, N.C.-based retailer can grow sales and reduce costs this year. “The stable outlook incorporates our expectation that the company's same store sales will continue to be positive and credit metrics will continue to modestly improve in the next 12 months,” Mickey Chadha, Moody's senior analyst, ...

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.