Word: supermarket
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Dates: during 1990-1999
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...antitakeover trend got a big boost last week when the U.S. Supreme Court, in clearing the way for California to challenge the merger of two major supermarket chains, ruled unanimously that states can sue to prevent or undo anticompetitive mergers. "The court decision is a blockbuster," says Robert Litan, a senior fellow at the Brookings Institution. "There are 50 loose cannons out there, 50 attorneys general who can now stop a merger...
...monthly potpourri of show-biz interviews and features, is getting the biggest push. After eight months of test-marketing, the magazine is poised for a nationwide rollout in June. Unlike most of its predecessors, Persona will be aimed at a mass audience. It will get wide distribution at supermarket check-out stands and other retail outlets. And it will be priced at a low, low $4.95. That is scarcely more than the cost of a blank cassette; Persona's advertising will even point out that the tape can be reused after viewing (as can all prerecorded tapes, with a little...
...million) know what the real news is. DOLLY PARTON GETS GIANT NEW BUST IMPLANTS!, shrieked a recent issue of the Star, while the Enquirer offered a must-read yarn headlined ED MCMAHON FLIES INTO RAGE. For 16 years the dueling scandal sheets brought blood-and-guts drama to U.S. supermarket checkout counters. But the publishing pugilism came to an end last week when the owner of the National Enquirer, New York City-based G.P. Group, agreed to buy the Star from media mogul Rupert Murdoch for $400 million...
...believes great stock tips come from everyday life, so he pays close attention to the buying habits of his wife Carolyn and their three daughters. When Carolyn began bringing L'eggs panty hose home from the supermarket in the 1970s, Lynch recognized a winning product. Magellan bought stock in Hanes, the panty-hose maker, and saw the value of its shares grow some...
...because of the quickening outflow of Japan's immense cash hoard to other countries, where Japanese investors have found investments more lucrative or stable than at home. Says Nomura's Koo: "We got into this mess because Japanese investors were always moving money abroad." Example: Ito- Yokado, a Japanese supermarket chain, agreed last week to pay $400 million for a 75% stake in Southland Corp., the Dallas-based operator of the 7-Eleven chain of convenience stores. At the same time, Japanese investors have developed a case of "Europhoria" about opportunities on the Continent, thanks in part to the sudden...