WINN-DIXIE SEES MAJOR SALES UPLIFT FROM NEW CONCEPT

U.S. grocer Winn-Dixie is generating $500 per sq ft in annual sales at its new stores and remodels, up from $300 per sq ft at earlier remodels, reports Supermarket News.

Speaking at an investor conference, CEO Peter Lynch confirmed plans to continue implementing elements of its “transformational” stores at all new and remodelled locations. The “transformational” store concept can be found in stores in Covington, Louisiana; Margate, Florida and Mobile, Alabama. The company plans to use the same concept at new stores in July in Apopka and Jacksonville, Florida.

Of the 250 stores the company has remodelled, "some pieces [of the transformational format] can be easily replicated without spending a lot of money, and we're moving on that very, very rapidly," Lynch said.