WEST SACRAMENTO, Calif. -- Raley's Supermarkets and Drug Centers here said last week it will acquire Nob Hill Foods, a 27-store chain based in Gilroy, Calif. -- and proceed to open additional Nob Hill stores. Raley's executives said the deal fits in with the company's expansion strategy of seeking acquisitions in areas adjacent to its existing operations. Raley's, which operates 88 stores in northern California and northern Nevada, has only two stores in Nob Hill's central California ...

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