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Safeway seeks to buy out senior notes
Pleasanton, Calif. – Safeway Inc. is offering to pay cash consent fees to holders of three series of senior notes due in 2017, 2018 and 2019. Note holders who accept the fees would release Safeway of the obligation to repurchase the notes at 1% interest when its expected fourth quarter merger with Albertson’s LLC occurs.
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Inditex Group deploying Checkpoint’s RFID technology in distribution centers
Thorofare, N.J. -- Checkpoint Systems has been selected by global retailing giant Inditex Group to implement radio frequency identification (RFID) technology into its distribution centers.
Inditex’s RFID implementation project was recently unveiled by chairman and CEO Pablo Isla at the company’s annual general meeting.