Club store chain operator Costco is “quietly removing” tobacco SKUs this year, having begun reducing the presence of cigarettes at some of its U.S. stores three or four years ago, according to business news website TheStreet.com.
Food Lion, a supermarket banner of Brussels-based Delhaize Group that operates in the Mid and South Atlantic, said it will remodel 142 stores in the greater Charlotte, N.C., market this year, investing $215 million.
Spices and seasonings manufacturer McCormick & Co. announced plans to save $400 million over four years, offering “an early look at its direction under new CEO Lawrence Kurzius,” the Baltimore Business Journal reported.
Grocery wholesaler and retailer Supervalu Inc. said it completed the repricing, amendment and extension of its existing $1 billion asset-based revolving credit facility, which is secured by the company’s inventory, credit card and certain other receivables and assets.
After a two-decade partnership with gas station and convenience store chain Murphy USA, which operates most of the mass merchandiser's gas stations, Walmart plans to take over gas station operations, converting them to its namesake brand, according to
Netherlands-based Ahold and Belgium-headquartered Delhaize Group announced that they called “extraordinary general meetings” for March 14, at which their respective shareholders will vote on the companies’ intended merger.
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