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Inside This Issue - News

Detroit retail revival

Although the city may have declared bankruptcy recently, mass market retail has not given up on Detroit. Meijer Inc. has opened its 203rd supercenter here, its first in the city.

Spartan Stores, Nash Finch to merge

Spartan Stores Inc. and Nash Finch Co. have agreed to merge in an all-stock transaction valued at about $1.3 billion.

A&P is weighing strategic options

A little over a year after emerging from bankruptcy protection, grocery chain A&P is apparently looking for a buyer.

Walmart scraps plans for Washington stores

Walmart has abandoned plans for three stores here, following the city council’s passage of a measure that would require big retailers to pay starting wages 50% higher than the district’s minimum wage.

Investment firm will take control of ALCO

ALCO Stores Inc. has agreed to merge with the private investment firm Argonne Capital Group LLC.

Customers bullish about Trader Joe’s

Trader Joe’s Co. is North America’s favorite grocery store based on customer satisfaction, according to a new survey conducted by Market Force Information.

Wellness65+ connects Rite Aid, seniors

Rite Aid Corp. has launched its wellness65+ loyalty program for people over 65 with an integrated marketing campaign.

Supervalu unit loses president

Bob Bly has stepped down as president of the Shoppers food and drug chain to pursue new opportunities. The Supervalu Inc. division will be led on an interim basis by vice president of merchandising Bob Gleeson and vice president of operations Micky Nye.

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