JACKSONVILLE, Fla. — Winn-Dixie Stores said last week its first three transformational remodels are averaging sales per square foot of $475 on an annualized basis, with a payback of three-and-a-half years compared with original projections of five years. The chain's average is just under $300 per square foot, analysts told SN. According to Peter Lynch, chairman, president and chief executive officer, the perishables mix at the transformational remodels averages about 38%, compared with 30% ...

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