PORTLAND, Ore. -- Fred Meyer Inc. here said it expects to achieve $45 million in annual benefits beginning in 1999 as a result of its merger last week with Smith's Food & Drug Centers, Salt Lake City. The merger, which was approved by shareholders of both companies last Monday, creates a new holding company called Fred Meyer Inc. that includes a total of 420 stores in 19 states -- 112 Fred Meyer stores, 152 Smith's stores, 151 jewelry stores and five specialty stores -- with a combined ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

Salary Survey 2015

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.

Click here to read the FAQ page if you have any questions (opens in a new window)

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.

Already registered? here.