GRAND UNION SETS STRATEGY FOR GROWTH, INVESTMENT

WAYNE, N.J. -- Grand Union Co. here laid out a six-point strategy last week that it hopes will make it "one of the most successful food retailers in the Northeast," said J. Wayne Harris, chairman and chief executive officer.The strategy calls for Grand Union to build sales; make intelligent capital investments; increase the store base; develop a corporate culture focused on reducing expenses; use

WAYNE, N.J. -- Grand Union Co. here laid out a six-point strategy last week that it hopes will make it "one of the most successful food retailers in the Northeast," said J. Wayne Harris, chairman and chief executive officer.

The strategy calls for Grand Union to build sales; make intelligent capital investments; increase the store base; develop a corporate culture focused on reducing expenses; use technology effectively; and achieve bottom-line results that build shareholder value, Ha

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