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Dollar General to open 635 stores in 2013
New York -- Dollar General Corp. will open 635 new stores in 2013, creating some 6,000 jobs. The chain will also relocate 550 stores this year.
With the addition of these jobs in 2013, Dollar General said it will have created approximately 30,000 jobs in the last six years.
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Safeway rises on speculation of buyout interest
New York -- Shares of Safeway Inc. shares rose as much as 9% on Wednesday on rumors of increased buyout interest for its Canada operations by Canadian grocer Metro Inc. and Loblaw Companies Ltd.
On Tuesday, Metro announced it was selling off nearly half its stake in Couche-Tard Inc. for $482 million.
In December, Loblaw announced plans to spin off the vast majority of its property assets into a real estate investment trust.