SCOTTSDALE, Ariz. -- The rapidity of change in formats and markets requires that a new look be taken at what constitutes real corporate assets and how they are measured, according to Roger M. Laverty 3rd, president and chief executive officer of Smart & Final, Vernon, Calif. In his speech at the Food Marketing Institute's Midwinter Executive Conference here last week, Rocky Laverty pointed out that "hard" assets such as bricks and mortar are less valuable in a rapidly changing ...
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