Two Florida-based retailers headed in opposite directions
Two Florida-based retailers headed in opposite directions
Embattled Winn-Dixie Stores Inc., based in Jacksonville, FL, showed that its woes continue, announcing July 27 that it will close another 30 stores and lay off 120 additional corporate and support personnel. Meanwhile, rival Publix Super Markets Inc., based in Lakeland, FL, announced Aug. 1 a 3.4 percent jump in sales for the second quarter of the year and plans to open 34 new stores in 2010.
The tale of the two chains presents a stark contrast in the world of retail haves and have-nots.
The tale of the two chains presents a stark contrast in the world of retail haves and have-nots.