FLEMING RETHINKS RETAIL STRATEGY

DALLAS -- Fleming here said last week it is exploring "strategic alternatives" for its 110 retail price-impact stores, a statement that was widely interpreted by industry observers as meaning that the company is looking to sell the units.The move appears to have taken most supermarket analysts by surprise, leading them to wonder whether the price-impact format can succeed against aggressive supercenter

DALLAS -- Fleming here said last week it is exploring "strategic alternatives" for its 110 retail price-impact stores, a statement that was widely interpreted by industry observers as meaning that the company is looking to sell the units.

The move appears to have taken most supermarket analysts by surprise, leading them to wonder whether the price-impact format can succeed against aggressive supercenter competition.

As recently as April, Fleming acquired seven Dallas-area stor

Register to view the full article

test - Advanced Registered User

Already a member? .

TAGS: Walmart