BETHESDA, Md. -- Former Star Market and Sutton Place Gourmet executive Philip Masiello and a business partner purchased two Prego Gourmet Markets at prime Washington locations that they will turn into retail meal outlets. The acquisition brings to three the stores that Masiello and his partner, food-industry entrepreneur Steven Krane, will develop for their takeout meals company, Your Ultimate Meals Store, which they launched last fall here [SN Dec. 23, 1996]. By the end of April, the ...

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