- Deputies: Man, woman tried to arrange killing of his estranged wife (5/21/17)1
- Former coroner convicted of felony theft now faces prison in misdemeanor case (5/23/17)2
- Cape police say man assaulted, kidnapped girlfriend (5/21/17)2
- Woman may lose foot after being hit by moped (5/24/17)
- Mississippi County sheriff fights efforts in court to remove him from office (5/21/17)4
- Business notebook: Woman, sister-in-law buy Perryville custom-wear shop (5/22/17)
- Cape man accused of shooting a woman in Jackson (5/21/17)
- Police apprehend Charleston man they say hit Cape woman with car (5/24/17)
- Illinois Trail of Tears site where Cherokee buried named to National Historic Register (5/24/17)
- Broadening horizons: Heartland Dream Team founder stays committed to area youth (5/21/17)2
Food distributor halts shipments to Kmart
DALLAS -- A major food distributor said Monday that it has cut off most shipments to Kmart after the troubled discounter failed to make its regular weekly payment for deliveries.
Fleming Cos. said Kmart, its largest customer, owes $78 million.
Kmart chief executive Charles Conaway said the company was negotiating a plan to resume shipments from Fleming, once Kmart officials work through "financial issues and are able to provide Fleming with adequate assurance of payment."
Kmart's credit rating and stock plunged this month after the company said it did no better than break even in 2001, blaming disappointing holiday sales. It also said it was in discussions with its lenders about financing.
Fleming, the nation's second-largest wholesale food distributor behind Supervalu, supplies about 3,000 supermarkets, 6,800 convenience stores and 2,000 mass merchandisers.
Just a week ago, Fleming said its relationship with Kmart was strong. But this week, the company said it has stopped all shipments except some perishable food that was already en route to Kmart stores and Super Kmarts.