OKLAHOMA CITY -- Fleming Cos. here said it has improved operating results at Abco Foods since it acquired the Phoenix-based chain through a foreclosure in early 1996. According to Fleming's annual report, changes at Abco have resulted in a rise in same-store sales, a positive cash flow and a dramatic drop in losses. The report said Fleming closed 14 of the 71 Abco stores, opened two new units and remodeled five last year while eliminating a warehouse, making staff adjustments and changing ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, 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 grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.