Supermarket operators for the most part are keeping a tight lid on capital spending in the near term as economic conditions remain challenging, according to recent financial reports. Although some food retailers have begun ramping up their store remodeling and development efforts after ratcheting back during the recent recession, many remain cautious. In recent weeks Winn-Dixie Stores and Ruddick Corp., parent of Harris Teeter, both unveiled planned reductions in capital spending, and in ...
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