SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
February 28, 1997
Date of Report
(Date of earliest event reported)
FLEMING COMPANIES, INC.
(Exact name of registrant as specified in its charter)
Oklahoma 1-8140 48-0222760
(State or other juris- (Commission (IRS Employer
diction of incorporation) File Number) Identification)
6301 Waterford Boulevard, Box 26647
Oklahoma City, Oklahoma 73126
(Address of Principal Executive Offices)
(405) 840-7200
Registrant's telephone number,
including area code
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Item 5. Other Events.
On February 28, 1997, Furr's Supermarkets, Inc. ("Furr's") filed
suit in New Mexico naming as defendants Fleming and certain of its
officers and an employee. Furr's claims it has been overcharged
for products under its supply agreement with Fleming and alleges
various causes of action, among them breach of contract,
misrepresentation, fraud and violation of certain of New Mexico's
trade practice statutes. Furr's seeks an unspecified monetary
award, including punitive and treble damages, and a declaratory
judgment terminating the supply agreement.
Furr's is Fleming's largest customer and purchased $546 million of
products in 1996 under a supply agreement expiring in 2001.
Fleming also holds a 35% equity interest in Furr's. Recently,
Furr's has been seeking to exercise the competitiveness clause of
its supply agreement in an attempt to lower its cost of goods. This
week, Furr's submitted to Fleming a bid by a competitor to supply
Furr's stores in New Mexico and West Texas. Additionally, with
the company's cooperation, Furr's has been examining the company's
pricing under its supply agreement.
Fleming believes that it has complied with its obligations to
Furr's in all material respects and in good faith. Fleming is
currently examining the bid submitted under the competitiveness
clause and has not reached any conclusion as to whether it is a
qualified competitive bid as required by the supply agreement.
However, an unfavorable outcome in the lawsuit, or the loss of
Furr's business for any reason, could have a material adverse
effect on the company and its financial statements.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
FLEMING COMPANIES, INC.
HARRY L. WINN, JR.
Harry L. Winn, Jr.
Executive Vice President -
Chief Financial Officer
Date: March 7, 1997
