NEW PRESIDENT OVERSEES A MORE EFFICIENT MEIJER STORES

KALAMAZOO, Mich. -- Meijer Stores had the second-most profitable year in its history in 2004 after implementing a sweeping cost-cutting initiative and re-thinking its merchandising, the chain's newly promoted president said last week."Meijer had tried to cut costs before, but was never able to do it," said Larry Zigerelli, speaking at the Western Michigan University Food Marketing Conference here.

KALAMAZOO, Mich. -- Meijer Stores had the second-most profitable year in its history in 2004 after implementing a sweeping cost-cutting initiative and re-thinking its merchandising, the chain's newly promoted president said last week.

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