Kroger Co., Cincinnati, said it remains on target to realize $380 million in synergies from its merger with Fred Meyer, Inc., Portland, Ore., a deal that closed last May. "We are going to achieve the responsiveness of decentralization combined with economies of scale," Joseph A. Pichler, Kroger chairman and chief executive officer, said at Donaldson, Lufkin & Jenrette's Annual Food & Drug Retailing Conference. He also said Kroger expects to see a 16% to 18% annual growth in ...

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