Sunday, May 10, 2015

Weis plans for $92 million in capital spending


Weis announced late last month that they plan to invest $92 million in capital spending this year to grow and upgrade its stores, information technology systems and supply chain. According to Chairman Jonathan Weis, there are 12 store projects underway and another 23 in active planning stages. There is also a major upgrade planned for the company's distribution center.

Weis currently operates 163 stores in Pennsylvania, Maryland, New Jersey, New York and West Virginia.

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