• The Wall Street Journal reports that the Pennsylvania Supreme Court is preparing to rule on the 1.5-cent-an-ounce tax imposed by the city of Philadelphia on sugar-sweetened drinks that distributors sell to restaurants and grocery stores. “Tax proponents say that sugary drinks contribute to obesity, diabetes and tooth decay and that the tax receipts can be directed to health programs or budget shortfalls,” the story says. “Beverage companies say that their products are being singled out unfairly and that the special tax is regressive and increases grocery bills … The outcome of the legal fight could have implications for other cities that have adopted or may consider similar measures, which like cigarette taxes, seek to curb unhealthy behavior through taxation.”
• The Southside Daily reports that “a local grocer has agreed to acquire” two Farm Fresh supermarkets in Virginia from Supervalu - one in Virginia Beach and one in Newport News.
According to the story, Chris Lee - who “currently operates two other independent grocery stores - Grand Mart in Virginia Beach and J&J International Market in Woodbridge” - plans to cut prices, expand selection, and continue to use the FarmFresh banner.
• The Southside Daily reports that “a local grocer has agreed to acquire” two Farm Fresh supermarkets in Virginia from Supervalu - one in Virginia Beach and one in Newport News.
According to the story, Chris Lee - who “currently operates two other independent grocery stores - Grand Mart in Virginia Beach and J&J International Market in Woodbridge” - plans to cut prices, expand selection, and continue to use the FarmFresh banner.
- KC's View:
