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Acosta Subsidiary to Acquire Specialty Partners From Tree of Life
ST. AUGUSTINE, Fla. - Richard A. Thorne, chairman and c.e.o. of distributor Tree of Life Inc., today said the company has agreed to sell the assets of Specialty Partners to Natural/Specialty Sales Inc., a wholly-owned subsidiary of Acosta Inc. The acquisition is expected to close in February 2004. -
Kash n' Karry to Restructure; Close 34 Stores
BRUSSELS - Delhaize Group here today said it will restructure its Tampa, Fla.-based Kash n' Karry subsidiary to focus on Florida's western Gold Coast, where it plans to open or remodel 20 stores. However, to redirect the resources to where they will benefit Kash n' Karry most, 34 underperforming stores will be closed or sold in the first quarter of 2004.