FRED MEYER INC. IS PREPARING FOR RAPID FINANCIAL ANALYSIS

PORTLAND, ORE. -- Faced with a massive financial operations consolidation challenge, Fred Meyer Inc. here is planning to implement new technology that will marry critical data from its various business entities.The enterprise financial management software module the retailer has purchased is designed to alleviate the hectic financial closing procedure, which was made more complex by three recent acquisitions:

PORTLAND, ORE. -- Faced with a massive financial operations consolidation challenge, Fred Meyer Inc. here is planning to implement new technology that will marry critical data from its various business entities.

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