Weis Markets announced late last month that the company plans to invest $109 million in capital expenditures during 2019. The investments are slated for new stores, remodels, supply chain improvements and technology upgrades.
In the same announcement, a Weis executive said that sales rose to a record $3.5 billion in 2018, with comparable-store sales increasing in 18 of the past 19 quarters.
The Weis executive attributed the company’s recent success to technology investments, targeted holiday promotions, price improvements and more efficient store-level inventory management.