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Publix, Wal-Mart Expected Biggest Gainers from Albertsons Closures
BOISE, Idaho - Let the shuffling begin. The closure of 125 stores owned by Albertsons LLC this month August should allow competitors in 26 different markets, including such heavy weights as Publix and Wal-Mart, to increase their grocery market share and possibly shift the balances of power in some cases, according to a multi-market study issued yesterday by Trade Dimensions International, Inc., based on Wilton, Conn. -
N.J. Law to Track Health Insurance Benefits at Retailers, Other Big Businesses
PRINCTEON, N.J. -- A bill signed by New Jersey Gov. Jon Corzine last week requires the state Department of Human Services to keep track of which businesses rely on NJ FamilyCare, a Medicaid-funded health care program for working-poor families, to provide medical benefits for a minimum of 50 employees, according to a published report.