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Gold/Mining/Energy : Telepanel Systems - TLS

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To: J Stone who wrote (834)6/7/2001 10:45:06 AM
From: waitwatchwander  Read Replies (1) of 948
 
Fleming Realigns Price Impact Retail Operation with Centralized Procurement - Related Organizational Changes Announced

DALLAS--(BUSINESS WIRE)--June 6, 2001--Fleming (NYSE:FLM - news) announced today that the company has realigned company-owned retail stores into a single group that supports the centralized procurement organization. Sales and marketing functions for Fleming retail have been moved to the company's Customer Support Center where a retail sales and marketing team has been established to coordinate with Fleming's Central Procurement operation.

``This action brings together Fleming's remaining stores into a single, focused price impact retail group,'' said Tom Dahlen, Executive Vice President and President, Retail and Corporate Marketing. ``And aligning our company-owned retail at our Customer Support Center further bolsters our centralized procurement operation.''

In a related announcement, Jim Thatcher has been appointed Group Vice President, Sales and Marketing for the Fleming Retail Group. His responsibilities now include retail marketing for all company-owned retail stores and coordination with the centralized procurement operation.

Tom Strzelczyk has been named President, Western Operations for the Fleming Retail Group, and responsible for the Food4Less stores in Northern California, Utah and Arizona.

Pat Liska has been named President, Eastern Operations, and is responsible for the Rainbow stores in Minneapolis and the company's new price impact entry in Wisconsin.

Thatcher, Strzelczyk and Liska continue to report to Denny Lucas, Executive Vice President and President, Fleming Retail.

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 nearly 1,000 supercenters, discount, limited assortment, drug, specialty, and other businesses across the country. To learn more about Fleming, visit our website at www.fleming.com.

--------------------------------------------------------------------------------
Contact:

Fleming, Dallas
Media
Randy Hatcher, 972/906-8823
or
Investors-Equity
Meredith Anderson, 972/906-8592

businesswire.com

Jeff/Rick, Glad to see others still around! I was getting the eery feeling of being the only one to go down with the ship. Could "price impact retail" be a trend to be friend us? nf
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