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Amazon rolls out the red carpet for startups
Amazon is going to make it very easy for startups to launch, market and distribute their products to hundreds of millions of Amazon customers across the globe.
The retailer is launching a program called Launchpad, which offers a streamlined onboarding experience, custom product pages, a comprehensive marketing package, and access to Amazon’s global fulfillment network, all geared toward helping startups successfully launch their innovations and share their stories.
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Supervalu may spin off Sav-A-Lot
Supervalu Inc. said it is considering spinning off its Sav-A-Lot stores into a separate business as the discount chain reported a big earnings increase for the first quarter.
Net earnings soared 42% to $61 million, from $43 million in the same quarter the prior fiscal year. Cost of sales rose at a slower pace than net sales, aiding profit growth. Net sales rose 3% to $5.41 billion, from $5.26 billion.

