RICE PLANS TO SELL UNITS AND CHANGE NAME

HOUSTON -- Rice Food Markets here said last week it plans to sell or close more than half its stores and change its corporate name.The new name will be Rice Epicurean Markets -- the banner on eight stores that account for two-thirds of the company's volume; a ninth store is set to open late next month.The Epicurean stores are an upscale perishables-oriented format that Rice has been operating for

HOUSTON -- Rice Food Markets here said last week it plans to sell or close more than half its stores and change its corporate name.

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