DALLAS, July 12 /PRNewswire/ -- Fleming (NYSE: FLM) today announced that
the Storehouse Markets, Inc. dispute in Salt Lake City has been settled,
contingent on final approval by the civil court. The claims in the dispute
relate to the late 1980s and early 1990s only.
The company vigorously denies the claims. This settlement resolves the
dispute without further expense or distraction and puts the matter behind the
company. The settlement is for $16 million, a portion of which is to be paid
by Fleming's insurance carriers.
Fleming is the industry leader in distribution and has a growing presence
in value retailing. Fleming's primary business is buying and selling
merchandise. The company serves approximately 3,000 supermarkets including
more than 700 North American stores of global supermarketer IGA and other
regional banners, 5,000 convenience stores and more than 2,000 supercenters,
discount, limited assortment, drug, specialty, and other businesses across the
country. To learn more about Fleming, visit our website at http://www.fleming.com .
CONTACTS:
(Media) Shane Boyd 972.906.8824
(Media) Randy Hatcher 972.906.8823
(Investors-Equity) Meredith Anderson 972.906.8592
SOURCE Fleming
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Related links:
http://www.fleming.com
CONTACT:
media, Shane Boyd, +1-972-906-8824, or Randy
Hatcher, +1-972-906-8823, or investors-equity, Meredith Anderson,
+1-972-906-8592, all of Fleming
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