CINCINNATI -- Kroger Co. here said last week it is on the verge of reaching its synergy savings goal of $380 million a full year ahead of schedule. The company said combined synergy savings from its 1999 merger with Fred Meyer Inc. rose $36 million during the first quarter ended May 26 to an annual run rate of $366 million -- "well on the way toward achieving and exceeding the combined synergy savings goal by the end of fiscal 2001," Joseph A. Pichler, chairman and chief executive officer, ...
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.