DALLAS, Jan. 29 /PRNewswire/ -- Fleming (NYSE: FLM) today announced the
company has exceeded $1.2 billion in gross new annualized distribution sales
in year 2000. This is the second consecutive year Fleming has exceeded
$1 billion in new business. These sales came from a variety of retail
channels, including independent supermarket retailers and other formats that
represent emerging growth markets ideally suited to Fleming's core
competencies.
Fleming continues to build momentum in the wholesale business as the
company has increased sales to the independent grocer as well as supercenters
and convenience stores. "Fleming has completed a significant turnaround over
the last two years, lowering its cost structure, improving buying efficiency
through centralized procurement and distribution effectiveness that few can
match," said Mark Hansen, Chairman and CEO. "Fleming's growing scale is a
huge competitive advantage, which we will continue to aggressively leverage to
our customers benefit."
Fleming's December new business wins included new and existing customers
as follows:
-- Beatrice Supermarket
Beatrice, NE
-- Blue Chips
Chambersburg, PA
-- Cushing IGA
Cushing, OK
-- Fefi's
Altoona, PA
-- Food Depot VK
Las Vegas, NV
-- Franks Grocery
Bokchito, OK
-- Freedom Junction
Claysburg, PA
-- Fry Bros Mini Mart
Trout Run, PA
-- Giant Foods
Dallas, TX
-- Gosch's Supermarket
Randall, MN
-- Grocer By Demand
Baton Rouge, LA
-- J & P Grocery
Caney, OK
-- Marvin's
Muskogee, OK
-- Miss Cordelia's Grocery
Memphis, TN
-- Murphy's Market
San Diego, CA
-- Payless Foods
Dyersville, IA
-- Quic Nutritional Products #3
Visalia, CA
-- Smokers Express
Lakemont, PA
-- Whetstone Service Mart
Claysburg, PA
Fleming is a $15 billion company and industry leader in procurement and
distribution. Fleming's primary business is buying and selling merchandise.
The company serves approximately 3,000 supermarkets, including more than
800 North American stores of global supermarketer IGA, 3,000 convenience
stores, and nearly 1,000 supercenters, discount, limited assortment, drug,
specialty, e-tailers, and other businesses across the country.
To learn more about Fleming, visit our website at http://www.fleming.com .
CONTACTS:
(Media) Randy Hatcher 972.906.8823
(Investors-Equity) Meredith Anderson 972.906.8592
(Investors-Debt) Alan McIntyre 972.906.8126
SOURCE Fleming
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Related links: http://www.fleming.com
CONTACT: media, Randy Hatcher, +1-972-906-8823, or investors-equity, Meredith Anderson, +1-972-906-8592, or investors-debt, Alan McIntyre, +1-972-906-8126, all of Fleming
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