FRED MEYER REPORTS 'LANDMARK YEAR'

PORTLAND, Ore. -- After "nothing less than a landmark year" in which it merged with three other companies, Fred Meyer, Inc., said in its annual report it expects to save "at least $150 million annually" by the end of the year 2000 as a result of its consolidation moves.The consolidations involved Ralphs Grocery Co., Compton, Calif.; Quality Food Centers, Bellevue, Wash., and Hughes Family Markets,

PORTLAND, Ore. -- After "nothing less than a landmark year" in which it merged with three other companies, Fred Meyer, Inc., said in its annual report it expects to save "at least $150 million annually" by the end of the year 2000 as a result of its consolidation moves.

The consolidations involved Ralphs Grocery Co., Compton, Calif.; Quality Food Centers, Bellevue, Wash., and Hughes Family Markets, Irwindale, Calif. (which was owned by QFC), which merged with Fred Meyer, Inc., in Apri

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