Salt Lake City -- American Stores Co. here achieved record results in 1993, but on the eve of its annual meeting here tomorrow it is facing a series of new challenges. Faced with those challenges, American is keeping to its year-old six-point strategic plan -- which includes moves such as centralizing top management at headquarters and kicking up capital spending to upgrade facilities. Victor L. Lund, president and chief executive officer, is the architect of the plan, which is generally ...
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