Fleming lands $4.5 billion deal to be food supplier for Kmart Associated Press, Bloomberg News Thursday, February 8, 2001 Kmart Corp. said Wednesday it had created a $4.5 billion alliance with Fleming Cos. Under the deal, Fleming will provide substantially all of the food and consumable products in all current and future Kmart and Kmart Supercenter stores. Fleming shares soared 45% on the news, to their highest level in more than five years. The new supply arrangement includes meat, produce, frozen foods, dairy products and other grocery items. The agreement with Kmart, based in Troy, Mi...
