DALLAS -- Fleming here said last week it will sell its 110 price-impact stores, a process it expects to begin late this year and complete in early 2003. The move followed several recent developments that have shaken the company, including the January filing of Chapter 11 bankruptcy by Kmart Corp., Troy, Mich., Fleming's largest customer; published reports earlier this month in SN and other periodicals asserting that the company was using unusually aggressive tactics to lower vendor costs; ...
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 a complimentary copy of SN's salary survey sent to you by email.
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.