Publix Store Brands Bolster Profits Despite Soft Same-Store Sales
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August 12, 2009
Publix sales and profits grew despite a same-store sales decline of 2.6 percent. Although consumers are trimming spending, Publix, as well as other grocers, held their own in the second quarter as consumers more readily purchase store brands and eat out less often, according to an industry pundit.
Source: Trading Markets
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