NEWS WATCH: WINN-DIXIE ELIMINATES ADMINISTRATIVE JOBS...WILD OATS SHARES RISE ON ACQUISITION TALK...SUPERVALU TO OPEN SIX NEW CUBS IN THE TWIN CITIES

WINN-DIXIE ELIMINATES ADMINISTRATIVE JOBSes here said last week it eliminated 10% of its administrative and support staff as part of a cost-reduction initiative. After posting negative same-store sales of 4.5% in the most recent quarter, the company last month said it was embarking on an extensive price-cutting campaign that would require expense reduction. A Winn-Dixie spokeswoman told SN that layoffs

WINN-DIXIE ELIMINATES ADMINISTRATIVE JOBS

es here said last week it eliminated 10% of its administrative and support staff as part of a cost-reduction initiative. After posting negative same-store sales of 4.5% in the most recent quarter, the company last month said it was embarking on an extensive price-cutting campaign that would require expense reduction. A Winn-Dixie spokeswoman told SN that layoffs were "spread throughout our marketing areas."

WILD OATS SHARES RISE

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