The $39 million difference will be made up through productivity improvements.
"The best way to do this is with productivity improvements."
The company has said its 1996 goal is to save $125 million through productivity improvements.
Much of the growth, he said, will come from opening new stores and productivity improvements.
Therefore, management, not technology, is the key ingredient in productivity improvement.
Productivity improvements should be demonstrated where financial aid is made available.
However, service jobs do not lend themselves easily to productivity improvement.
Only 5 percent of the budget closing measures are productivity improvements.
Continued productivity improvement is most likely to curb it over the long term.
But the 12-month productivity improvement has been only eight-tenths of 1 percent, the Government said.