AMERICAN'S COUNCIL PURSUES CHANGE

SALT LAKE CITY -- American Stores Co. here is molding its corporate hierarchy to match its new direction.Recent realignments in management assignments and the decision earlier this year to have its top officers meet weekly as part of an Executive Council typify the chain's new approach as it moves from being a holding company to an operating company, according to American Stores' executives and analysts.The

SALT LAKE CITY -- American Stores Co. here is molding its corporate hierarchy to match its new direction.

Recent realignments in management assignments and the decision earlier this year to have its top officers meet weekly as part of an Executive Council typify the chain's new approach as it moves from being a holding company to an operating company, according to American Stores' executives and analysts.

The council, which plans the company's overall strategic direction, is c

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