retail news in context, analysis with attitude

Reuters reports that bankrupt Haggen has "won court approval to settle a lawsuit against Albertsons for $5.75 million after seeking more than $1 billion in damages from the supermarket powerhouse ... The suit had alleged Albertsons undermined the $300 million deal last year in which Haggen acquired 146 stores from its much larger rival to reach new markets far from its home in the Pacific Northwest."
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