DELCHAMPS SETTLES LAWSUIT, SHIFTS ITS FOCUS TO FUTURE

MOBILE, Ala. -- Delchamps here is attempting to regain its position as this market's low-price leader in the wake of a settlement with three fired executives who sued the company for numerous alleged misdeeds.The company recently reached an out-of-court settlement with Roy W. Henderson, former treasurer and vice president of finance; James H. McDonald, former vice president and general counsel; and

MOBILE, Ala. -- Delchamps here is attempting to regain its position as this market's low-price leader in the wake of a settlement with three fired executives who sued the company for numerous alleged misdeeds.

The company recently reached an out-of-court settlement with Roy W. Henderson, former treasurer and vice president of finance; James H. McDonald, former vice president and general counsel; and John D. Foshee, former vice president of real estate.

As reported, the three l

Register to view the full article

test - Advanced Registered User

Already a member? .