ANNUAL MEETING

SALT LAKE CITY -- Associated Food Stores said its decision to operate corporate-owned stores is "best for member retailers as a whole" even though some of those members are opposed to the move, Rich Parkinson, Associated president and chief executive officer, told the company's annual meeting here.The acquisition of 14 stores during the past year -- Associated's first venture into store ownership

SALT LAKE CITY -- Associated Food Stores said its decision to operate corporate-owned stores is "best for member retailers as a whole" even though some of those members are opposed to the move, Rich Parkinson, Associated president and chief executive officer, told the company's annual meeting here.

The acquisition of 14 stores during the past year -- Associated's first venture into store ownership -- was done to "preserve volume" and offer an opportunity for the company to learn first

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