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  • Fleming Won't Comment on Bankruptcy Rumors; Observers See Tighter Credit Terms
    NEW YORK - Grocery distributor Fleming Cos., which has seen several top executives depart in recent weeks as it rides out a federal investigation of its accounting practices, declined to comment Thursday on speculation that it may soon file for bankruptcy, Dow Jones Newswires reports.

  • Nash Finch shares soar, Fleming shares drop
    CHICAGO -- Shares of Nash Finch Co. rose more than 59 percent on Wednesday after the food distributor said U.S. regulators would not object to how it accounts for certain vendor charges.

  • Nash Finch Gets SEC OK for Accounting
    MINNEAPOLIS - Nash Finch Co. said on Tuesday the U.S. Securities and Exchange Commission will not object to how the company accounts for certain vendor charges, based upon the food retailer and distributor's oral and written representations.

  • GMA Survey: Price an Increasing Concern for Consumers
    WASHINGTON - Reflecting continuing concerns over the direction of the U.S. economy, consumers are twice as likely to consider price as a reason for purchasing a brand-name product as they were a year ago, according to a survey released Friday by the Grocery Manufacturers of America.

  • Ahold USA Reassures Suppliers and Consumers; Royal Ahold Names Interim CFO
    AMSTERDAM - Ahold USA Inc., the parent company of six U.S. supermarket chains, has mounted a campaign to reassure suppliers and customers in the wake of a major accounting scandal at parent company Royal Ahold NV, according to an article in the Washington Post.

  • SEC Filing Suggests Ahold Troubles May Date Back To 2000
    AMSTERDAM, The Netherlands - Royal Ahold NV told federal regulators on Thursday that its accountant, Deloitte Touche Tohmatsu, no longer stands behind its audits for 2000 and 2001. The latest announcement raises questions about whether problems with the company's financial statements began earlier than had been acknowledged.

  • Fleming Files $1.4 Billion Claim in Kmart Bankruptcy Case
    CHICAGO - Fleming Cos. has filed a $1.4 billion prepetition claim in Kmart Corp.'s bankruptcy case, seeking payment for profits it believes would have occurred under a canceled contract, a spokesman said Thursday.

  • Kmart Faces $1.5 Billion in Claims by Fleming
    NEW YORK - Food supplier Fleming filed nearly $1.5 billion in claims Tuesday against former client Kmart and expects to file an additional claim with the bankruptcy court today.
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