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Merger creates new pet power
Two mid-sized U.S. and Canadian chains are joining forces to create the third-largest pet specialty retailer and the largest small format, neighborhood specialty pet retailer in North America Pet Valu and Pet Supermarket have merged to create a combined business named Pet Retail Brands. With more than 930 stores, it is expected to generate approximately $1 billion in system-wide retail sales across the U.S. and Canada. Pet Retail Brands will have stores from the East Coast to the West Coast and from Miami to Vancouver.
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Extreme value grocery store with unusual model joins the fray
A new player has entered the value grocery segment. LogicLane, a start-up company that provides discount wholesale grocery supply chain services and a wholesale grocery e-commerce marketplace for businesses, has entered the retail arena, opening a supermarket in Uniontown, Pennsylvania. Called Mill Street Merchants, the store is designed to extend the extreme value deals previously only available to national businesses on the LogicLane website to local businesses and consumers.
