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• The San Jose Mercury News reports this morning that Renovo Capital, the private equity firm that is angling to acquire bankrupt Andronico’s in the San Francisco Bay Area for $16 million, has received court approval to also acquire AG Ferrari, another area upscale grocery chain, for $1.2 million. AG Ferrari also has been in bankruptcy protection.

The story suggests that Renovo believes that a combination of the two companies - including the sale of each’s private brands in the other’s stores - could help it make the retailers more competitive in what has become a highly competitive marketplace.

Drug Store News reports that Procter & Gamble, following up on the Men’s Zones that it created for select HEB stores, now has created a prototype “Guy Aisle” for CVS that is being tested in Charlotte, NC. According to the story, “The new CVS/pharmacy men's grooming section includes products specifically designed for men's unique grooming needs, including Gillette, Old Spice and Head & Shoulders.”

• Sobeys Inc. announced that it “is launching a sustainable seafood traceability system today to provide Canadians with unprecedented visibility into the quality and sustainability of the seafood they eat. Through a partnership with Ecotrust Canada's Thisfish™ traceability program, customers can now trace a variety of fresh seafood products and frozen Sensations by Compliments seafood right back to the fisherman who caught it, the boat it was caught from, the fishing area where the catch took place and the fishing method used.”
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