FLEMING HOPES TO BECOME A NEW COMPANY IN NEW YEAR

DALLAS -- Creditors of Fleming Cos. here are hoping that convenience-store distribution emerges as a hot growth area.The former supermarket wholesaler, which filed for Chapter 11 bankruptcy protection in April, has filed a reorganization plan that calls for the company to rebuild around its Core-Mark International convenience-store supply division, unless it succeeds in selling the division first.

DALLAS -- Creditors of Fleming Cos. here are hoping that convenience-store distribution emerges as a hot growth area.

The former supermarket wholesaler, which filed for Chapter 11 bankruptcy protection in April, has filed a reorganization plan that calls for the company to rebuild around its Core-Mark International convenience-store supply division, unless it succeeds in selling the division first. Creditors would receive equity in the reorganized company, dubbed Core-Mark Newco.

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