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.

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 the past 10 years.

To concentrate on those upscale stores, the company

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