NEWS WATCH

FLEMING RETAINS DEBT ADVISERere has retained Gleacher & Co., a New York-based investment firm, to assist in renegotiating the wholesaler's credit facility amid reports that suppliers could be considering tightening their terms with the wholesaler. Fleming, which lost both its largest customer, Kmart, and its chairman and chief executive officer, Mark Hansen, in recent weeks, also was reported to be

FLEMING RETAINS DEBT ADVISER

ere has retained Gleacher & Co., a New York-based investment firm, to assist in renegotiating the wholesaler's credit facility amid reports that suppliers could be considering tightening their terms with the wholesaler. Fleming, which lost both its largest customer, Kmart, and its chairman and chief executive officer, Mark Hansen, in recent weeks, also was reported to be seeking a crisis-management firm. A Fleming spokesman said he was unaware of

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