June 2005
Investment Dealers' Digest;6/27/2005, Vol. 71 Issue 25, p52
Trade Publication
The article presents statistical information on industrialists in the sector of retail business. Winn-Dixie Stores Inc. will sell more than one-third of its stores, resulting in layoffs of 22,000 employees, or 28% of its work force, as the Jacksonville, Florida-based supermarket chain struggles to emerge from Chapter XI bankruptcy. The closings mean that Winn-Dixie will be pulling out of 14 markets in the Southeast. Wal-Mart Stores Inc. faces considerable challenges in yanking its stock price out of the doldrums.


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