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Supervalu to decide soon on divestment of limited-assortment retailer

TORONTO -- Private-equity firm Onex Corp. has made the best acquisition offer in an auction for Save-A-Lot, the hard-discount, limited-assortment grocery chain that Supervalu Inc. has been considering divesting , people familiar with the matter told Reuters. Supervalu is considering a sale of Save-...

Retail groups praise passage as legislation heads for Senate, presidential veto

WASHINGTON -- The U.S. House of Representatives has voted to delay adoption of pending overtime pay rules by six months, passing legislation that pushes back the start date to June 1, 2017. The measure—which passed 246 to 177, nearly along party lines—has yet to be taken up by the full Senate, and...

‘Sunset clause,’ French lessons, more occupy shareholders at annual meeting

LAVAL, Quebec – Alimentation Couche-Tard Inc. chairman Alain Bouchard said a solution can be found over the next five years to protect the convenience-store chain from the threat of a hostile takeover, reported the Canadian Press . Bouchard's comments at Tuesday’s annual shareholder meeting come a...

Retailer entering Ohio; new distribution center opens doors for expansion
Jiffi Stop will join retailer's collection of former Road Ranger and Gas-Mart sites.
Third generation takes over Y-Not Stop
Will new company rethink U.S. market?
First Coast Energy acquiring 20 c-stores, other businesses
Acquisition just part of global retailer’s playbook
Couche-Tard acquiring Louisiana retailer’s 53 locations