I have read some rumors about FLM taking over Nash Finch. Any knowledgable comments or truth to this rumor? Would a merger between FLM and NAFC make any sense? Other merger partners with NAFC have been mentioned, namely, RFH and SVU, any comments?
Several people have mentioned it here on the board. I heard it from a good source in Texas, but cannot show you press releases or anything else in hard copy. I will see if I can find something for certain, perhaps someone else on the board can confirm.
In a message dated Feb. 22, 1999, you posted, "Old news - Kmart goes to Grocers Supply in Houston." This may be "Old News" for you, but I've only heard it as a rumor. Can you confirm? Company press release, etc? Thanks in advance.
There are other "flies' in the ointment too in other departments who are so busy trying to promote there own personal agendas--building there own little empire or kingdom within FLM--look in ALL DEPTS to see the directors/vps that talk out of both sides of there mouths--pushing the little guys to work harder (at the office) while the so-called director big' guys go playing & spending corp $$$$ that should be driving sales instead of feathering there own nest & filling their freezers and pantries with free vendor goodies. PSC guys know who these corp guys are--Hansen needs to get down to managerial level & even warehouse level to find out about the abusers--days of taking care of themselves & there buddies should be stopped--it does no good to save them pennies while the $$$$ fly out the door--styrofoam cups cost reduction will not save the company.......
There will have to be more mergers in the future. The industry will make it more difficult on all wholesalers. Wal-Mart, Target,etc and the larger merged chains will make the buying of product at the right price ever more difficult. As the large get larger the companies that stay the same size or shrink (as Flm & Nash) will become smaller, faster in relationship to the new larger buyers. The money from the vendors goes to the fastest growing retail format/company. I believe that Fleming and Nash have all the problems they can handle, individually. The probability just isn't likely for these two to get together.