DALLAS -- Fleming here said last week the divestiture of conventional stores resulted in a sales decline while ongoing efforts to cut costs and improve productivity enabled net income to increase for the first quarter ended April 21. The company also said its transition to becoming the sole wholesale supplier for Kmart Corp. is on schedule and, in some instances, ahead of schedule, with the transition on target to be completed by July 1. Sales for the 16-week quarter fell 0.4% to $4.2 ...
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.