Food companies come and they go, but rarely does a major industry player flame out and disappear as quickly and as surprisingly as Fleming did. As 2003 dawned, Fleming was the nation's No. 10 company on SN's Top 75 list, with estimated sales of $15.5 billion. But the bankruptcy filing by Kmart Corp., its largest single customer, in mid-January hurled Fleming into a financial spiral from which it couldn't recover, and after filing its own bankruptcy petition on April 1 and closing ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.