JACKSONVILLE, Fla. — Analysts say Winn-Dixie Stores here is weathering the recession about as well as can be expected, but the company still faces a difficult year ahead. Last week the retailer posted a loss of $8.1 million for its fiscal first quarter and same-store sales declines of 1.5%, and explained that it expected to face considerable headwinds going forward from frugal shoppers, a stubborn lack of inflation and ongoing competitive pressures. “Given the current state of the economy, ...
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.