Deals

ST. LOUIS -- Schnuck Markets, Inc. will close a namesake store at 20 Jefferson Square in DeSoto, Mo. next Saturday, Feb. 26. All of the store's 36 associates will be offered opportunities to transfer to other stores.

BRISTOL, England -- Somerfield Plc, the U.K. owner of Kwik Save and Somerfield supermarkets, said yesterday that it has received a $1.85 billion takeover approach from Baugur Group, an Icelandic retailer. If approved, the transaction would create Britain's No. 5 food retailer.

NORTH MIAMI BEACH, Fla. -- Equity One, Inc., a real estate investment trust that acquires, renovates, develops, and manages neighborhood and community shopping centers, has completed the sale of a retail center in North Ellenton, Fla., anchored by Publix and Kmart, for $14.9 million.

SCHENECTADY, N.Y. -- Golub Corp., parent company of Price Chopper Supermarkets here, has announced plans to construct a $15 million state-of-the-art frozen foods distribution center in Schenectady County as the retailer solidifies its commitment to that area.

ZAANDAM, The Netherlands -- Dutch retailer Ahold completed the sale of its Bi-Lo and Bruno's supermarket subsidiaries to an affiliate of Dallas-based Lone Star Funds.

JACKSONVILLE, Fla. ¿ Winn-Dixie, Inc. here is expected to continue shutting down stores in Virginia in coming months, having already closed more than half of its portfolio in the state since it announced a corporatewide repositioning in late April.

KALISPELL, Mont.--Costco has decided to delay plans to build new units in the state of Montana because of a proposed tax on big-box stores under consideration by the state legislature, according to published reports.

DUBLIN, Ireland ¿ Competition has prompted yet another stories supermarket family to move on.