AG TAKES STAKE IN BROWN & COLE

BELLINGHAM, Wash. -- Brown & Cole here has a new partner.

After 95 years as a family-controlled business, the 35-store retailer sold a 25% equity stake earlier this year to its supplier, Associated Grocers of Seattle, in exchange for capital to expand.

The balance of the retailer's equity is controlled by members of the Cole family and key executives, said Craig Cole, chairman, president and chief executive officer.

Brown & Cole is AG's larg

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