As if any further demonstration were required, Ahold showed with last week's proposal to acquire Giant Food of Maryland that a real merger frenzy is sweeping the industry. You'll see a lot about that proposed acquisition on Page 1 of this week's SN. But even in the excitement surrounding big deals such as this one, it's well to recall that the relentless engine of retail consolidation doesn't always propel the industry in a single direction. As is the case with all endeavors, some ...
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