NEWS WATCH: AFTER REPORTS, MEIJER SAYS COMPANY NOT FOR SALE...TOPS SELLS THREE STORES IN N.Y. TO HANNAFORD BROS.

AFTER REPORTS, MEIJER SAYS COMPANY NOT FOR SALEor sale, the founding family of the retailer here said last week amid reports it was on the verge of a deal with London-based retailer Tesco. British trade journal The Grocer last week said that London-based Tesco would pay around $4.3 billion for a 49% stake in Meijer, according to PlanetRetail.net. But Judith Clark, a Meijer spokeswoman, told SN those

AFTER REPORTS, MEIJER SAYS COMPANY NOT FOR SALE

or sale, the founding family of the retailer here said last week amid reports it was on the verge of a deal with London-based retailer Tesco. British trade journal The Grocer last week said that London-based Tesco would pay around $4.3 billion for a 49% stake in Meijer, according to PlanetRetail.net. But Judith Clark, a Meijer spokeswoman, told SN those reports were "completely not true" and "absolute speculation." In a memo to empl

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