HUGE DEVELOPMENTS, BIG TRENDS MARKED THE FIRST HALF

To an unusual degree, the news so far this year has been dominated by the flurry of events surrounding the bankruptcy of Kmart Corp., and its emergence, the bankruptcy of Fleming Cos., and the startling events surrounding Ahold and its disclosure of massive accounting irregularities.Most of the front pages of SN published this year contained news about one of those events, including this week's issue.

To an unusual degree, the news so far this year has been dominated by the flurry of events surrounding the bankruptcy of Kmart Corp., and its emergence, the bankruptcy of Fleming Cos., and the startling events surrounding Ahold and its disclosure of massive accounting irregularities.

Most of the front pages of SN published this year contained news about one of those events, including this week's issue. No doubt, many front pages to be issued during the balance of this year will have f

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