SOBEYS TO CUT BACK ON PRIVATE LABEL

STELLARTON, Nova Scotia -- Sobeys here has decided to cut its private-label program by 5% this year in an effort to distinguish itself from competitor Loblaw Cos., according to industry analysts.While Canada's second-largest grocer declined to offer specific reasons for the move before its Sept. 10 annual meeting, industry watchers believe the company may be able to get better discounts from national

STELLARTON, Nova Scotia -- Sobeys here has decided to cut its private-label program by 5% this year in an effort to distinguish itself from competitor Loblaw Cos., according to industry analysts.

While Canada's second-largest grocer declined to offer specific reasons for the move before its Sept. 10 annual meeting, industry watchers believe the company may be able to get better discounts from national suppliers by positioning itself as a major promoter of them.

"The issue as a

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