SUPPLY CHAIN

Home Depot finalizes acquisition of key supplier

BY Katherine Boccaccio

Atlanta — The Home Depot said Monday it has completed its merger transaction with U.S. Home Systems, an exclusive supplier of kitchen and bath refacing products to the home-improvement chain.

The transaction was approved by the stockholders of USHS at a special meeting held on Oct. 26, and USHS’ common stock ceased trading on the Nasdaq at market close.

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OPERATIONS

Barnes & Noble and Asda team to offer Nook

BY Katherine Boccaccio

London — Barnes & Noble said Monday that its subsidiary Nook Media will partner with U.K.’s largest supermarket chain Asda to sell the Nook reader in 300 Asda stores across the U.K.

Barnes & Noble said it plans to expand the expected number of U.K. retail outlets to over 2,500 and include various online retail platforms as well. Terms of its deal with Asda weren’t disclosed.

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FINANCE

Weis Markets profit edges up in Q3

BY Staff Writer

Sunbury, Pa. — Weis Markets Inc. reported Friday that net income for the third quarter increased 1.2% to $17.2 million.

Sales for the period dipped 1.5% to $668.4 million and same-store stores decreased 1.7%.

Weis Markets operates 162 stores in Pennsylvania, Maryland, New York, New Jersey and West Virginia.

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