RICHFOOD EVOLVES TO MEET CONSOLIDATION CHALLENGES

PALM BEACH, Fla. -- Conditions in the retail food industry are as difficult as ever, according to John Stokely, chairman and chief executive officer of Richfood Holdings, the Virginia-based, Mid-Atlantic region wholesaler and nascent retail player."I don't think I've ever seen conditions in this business as difficult as they are today," Stokely said at the SN Food Retailing Summit here."I can't think

PALM BEACH, Fla. -- Conditions in the retail food industry are as difficult as ever, according to John Stokely, chairman and chief executive officer of Richfood Holdings, the Virginia-based, Mid-Atlantic region wholesaler and nascent retail player.

"I don't think I've ever seen conditions in this business as difficult as they are today," Stokely said at the SN Food Retailing Summit here.

"I can't think of any other business in the United States changing as rapidly and as funda

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