The year just about to end was a good one for several companies in transition, even though 2001 was also the year the U.S. economy plunged into recession. Albertson's, Boise, Idaho; Fleming, Dallas; and A&P, Montvale, N.J., saw their respective turnaround efforts start to pay off. However, the good tidings were not universal. Other companies -- notably Big V, Florida, N.Y., and Homeland Stores, Oklahoma City -- began the arduous task of emerging from bankruptcy. In January, ...

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