business news in context, analysis with attitude

...with brief, occasional, italicized and sometimes gratuitous commentary…

• The Dallas Morning News reports that Safeway shareholders today are expected to vote in favor of the $7.6 billion sale of the company to Cerberus-owned Albertsons.

However, that doesn't mean the actual closing of the deal will come anytime soon, since federal antitrust regulators still are examining the deal and its competitive implications in places where the two chains overlap, such as Los Angeles; Seattle; San Diego; Portland, Ore.; Phoenix; and Dallas-Fort Worth.

• Whole Foods,in one of the least surprising announcements of the year, has said that it "strongly supports Oregon's Measure 92, requiring mandatory labeling of raw and packaged foods containing Genetically Modified Organisms (GMOs) by January 1, 2016."

More than 155,000 Oregonians signed a petition to put Measure 92 on the ballot this November.

Whole Foods already has taken this step: By 2018, all food in Whole Foods Market's U.S. and Canadian stores must be labeled to indicate if they contain GMOs.

• Pity poor Tesco. The Britain-based retailer has had a tough week.

First its CEO is fired.

And now, the Mirror reports - with pictures - about a sign posted on a refrigerated case in a Tesco Express store in East London, apologizing for the fact that it was out of order and apologizing for any inconvenience.

Except that the brainiac who wrote the sign apologized for any "incontinence" caused by the broken fridge.

The sign quickly made it onto Twitter, forcing Tesco to apologize online for both the broken equipment "and for the grammatical errors."

Except that I don't think this actually was a grammatical error. It was incorrect word choice. But I'm not asking Tesco to apologize for the mistake. They've had a bad enough week.
KC's View: