Canadian government approves Sobey’s-Safeway purchase
Toronto – Sobey’s Inc. has signed a consent agreement with the Canadian Competition Bureau allowing it to proceed with the acquisition of substantially all of the assets of Canada Safeway.
As part of the consent agreement, Sobey’s will divest 23 stores in the provinces of Alberta, British Columbia, Manitoba and Sasketchewan. The deal, announced in June, will cost Sobey’s owner Empire Co. Ltd. about $5.7 billion.
“We are delighted to have received regulatory clearance from the Competition Bureau,” said Marc Poulin, president & CEO, Sobeys Inc. “Our focus now turns to closing the deal, which we expect to do in early November, and beginning to serve our customers in Western Canada as one company.”
Krispy Kreme to open new Georgia store
Winston-Salem, N.C. – Krispy Kreme Doughnut Corporation will open a new store in Doraville, Ga., on Oct. 29. The newly constructed, free-standing facility is an approximately 2,300-sq.-ft. location with a drive-thru.
"We are extremely excited to bring this newly constructed and updated shop to our loyal Doraville area doughnut and coffee fans," said Cindy Bay, senior VP of U.S. franchises and company stores for Krispy Kreme.
Sen. Schumer, tech firms agree to location analytics code of conduct
New York – U.S. Sen. Charles E. Schumer, The Future of Privacy Forum (FPF) and a group of location analytics companies including Euclid, iInside (a WirelessWERX company), Mexia Interactive, Solomo, Radius Networks, Brickstream and Turnstyle Solutions have agreed to a code of conduct to promote consumer privacy and responsible data use for retail location analytics.
The companies responded to privacy concerns raised by Senator Schumer and the FPF about the use of this new technology. The code of conduct includes in-store posted signs that alert shoppers that tracking technology is being used, and instructions for how to opt out.
“The code puts the choice in the consumer’s hands and gives them an easy way to opt out of having their device seen when they’re in the store,” said Jim Riesenbach, CEO of iInside, during a phone interview with Chain Store Age. “Some retailers already allow this on a company by company basis, but the code allows consumers to opt out once and have it carry across the entire retail industry. Mobile location analysis technology is really starting to take off in the retail industry and we need to ensure retailers take a solid, stringent approach to consumer privacy.”