MESA, Ariz. -- Megafoods Stores here said it is undertaking a major management reorganization and cost-cutting program that it expects will "lead the company back to profitability." Besides several middle-management changes, Megafoods is reducing its corporate staffs here and in San Antonio, "though no store-level staff reduction is contemplated," the company said. Megafoods said it also has decided not to proceed with a supply agreement with Safeway. Instead it has signed a new agreement ...
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.