Both Kroger Co. and Safeway said they plan to increase capital spending in the range of 10%-plus in 2013, while Wal-Mart cuts back. At Pleasanton, Calif.-based Safeway, new initiatives such as pharmacy-area upgrades and a new layout for Center Store, as well as technology investments in the Just for U marketing initiative, are driving spending, even as the company enjoys longer life from the Lifestyle remodels it began rolling out in 2006. Safeway said it expects to spend between $1 ...
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 complimentary access to the SN salary survey data tables.
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.