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MEGAFOODS STORES INC. ANNOUNCES PROPOSED NEW SUPPLY ARRANGEMENT

 MESA, Ariz., Sept. 8 /PRNewswire/ -- Megafoods Stores Inc. (NASDAQ: MEGF) today announced that it has notified Fleming Companies, its principal inventory supplier, of its intention to exercise its contractual option to terminate its existing supply agreement. Unless Fleming exercises its right under that agreement to continue to supply Megafoods at a cost equal to that of the proposed new supplier, the notice of termination will become effective in mid December 1993.
 Upon termination of its supply agreement with Fleming, Megafoods will begin purchasing the bulk of its inventory through Safeway Inc.'s Tempe, Ariz., warehouse facility.
 -0- 9/8/93
 /CONTACT: Jack J. Walker, CFO, Megafoods Stores, 602-957-3152, or Sondra L. Mize, Investor Relations, Megafoods Stores, 602-545-3235/
 (MEGF)


CO: Megafoods Stores Inc.; Fleming Cos. ST: Arizona IN: SU: CON

JB-LM -- LA039 -- 9910 09/08/93 14:56 EDT
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Publication:PR Newswire
Date:Sep 8, 1993
Words:138
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