| Business Summary | | Eagle
Food
Centers
Inc.
is
a
regional
supermarket
chain
operating
64
supermarkets
Illinois
and
Iowa
under
the
trade
names
Eagle
Country
Market
and
BOGO's.
Most
Eagle
supermarkets
offer
a
full
line
of
groceries,
meats,
fresh
produce,
dairy
products,
delicatessen
and
bakery
products,
health
and
beauty
aids
and
other
general
merchandise.
Certain
stores
offer
prescription
medicine,
video
rental,
floral
service,
in-store
banks,
dry
cleaners
and
coffee
shops.
In
February
2000,
the
Company
filed
a
voluntary
petition
under
Chapter
11
of
Title
11
of
the
United
States
Code.
The
petition
was
filed
in
the
United
States
Bankruptcy
Court
for
the
District
of
Delaware.
Eagle
Country
Markets
represent
the
Company's
full
line
supermarket
format.
Of
the
63
Eagle
Country
Markets,
15
have
been
opened
as
new
stores
and
48
have
been
remodeled
or
otherwise
converted
to
the
Eagle
Country
Market
format. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | EGLE
is
a
regional
supermarket
chain
with
64
supermarkets
in
the
Quad
Cities
area
of
IL
and
IA,
northern,
central
and
eastern
IL,
eastern
IA,
and
the
Chicago/Fox
Valley
and
northwestern
IN.
For
13
weeks
ended
5/5/01,
sales
fell
13%
to
$176.4
million.
Net
loss
before
extraordinary
item
decreased
91%
to
$1.6
million.
Revenues
reflect
fewer
open
stores
and
competitive
store
growth.
Lower
loss
was
offset
by
the
absence
of
a
$11.3
million
charge
for
reorganization
items. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Robert Kelly, 56 Chairman | $236K | Jeffrey Little, 50 Pres,
CEO | 587K | S. Patric Plumley, 52 CFO,
Sr. VP, Sec., Director | 301K | Stanley Stephens, 52 Sr.
VP, Retail | 439K | Frank Klun, 53 VP
- Support Services | -- | Dollar amounts are as of 29-Jan-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|