NASH FINCH SEES GAINS

MINNEAPOLIS -- Nash Finch Co. here expects pressures on gross margins in the Midwest to ease once Wal-Mart begins opening supercenters in California, Ron Marshall, chief executive officer, told industry analysts."The national players have been exceptionally competitive in the Midwest, which they've funded with higher gross margins in Northern and Southern California," he pointed out. "But what happens

MINNEAPOLIS -- Nash Finch Co. here expects pressures on gross margins in the Midwest to ease once Wal-Mart begins opening supercenters in California, Ron Marshall, chief executive officer, told industry analysts.

"The national players have been exceptionally competitive in the Midwest, which they've funded with higher gross margins in Northern and Southern California," he pointed out. "But what happens out there as Wal-Mart enters the state will have a major impact on the rest of the

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