FLEMING BIDS $57 MILLION FOR FURRS' 66 STORES, PLANS TO SELL OFF MOST

DALLAS -- Fleming here said last week it was poised to take ownership of Furrs Supermarkets in New Mexico and west Texas following an auction.Chapter 11 since February.Fleming said Furrs accepted its bid of $57 million for the real estate and inventories of the 66 Furrs stores at the auction, which was held last Wednesday at the retailer's offices in Albuquerque. It did not bid on the chain's warehouse

DALLAS -- Fleming here said last week it was poised to take ownership of Furrs Supermarkets in New Mexico and west Texas following an auction.

Chapter 11 since February.

Fleming said Furrs accepted its bid of $57 million for the real estate and inventories of the 66 Furrs stores at the auction, which was held last Wednesday at the retailer's offices in Albuquerque. It did not bid on the chain's warehouse -- a former Fleming facility in El Paso, Texas, that Furrs purchased in

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