TALK OF SALE HEATS UP FOR STRUGGLING RANDALLS CHAIN

HOUSTON -- Continued struggles at Randalls here have led to increasing industry speculation that Safeway may be trying to sell the chain.While such trade reports have circulated for months, "there's some truth to the smoke going on there," one source told SN last week.Safeway acquired Randalls, a $2.6 billion company that operated 116 stores under the Randalls name in Houston and Austin, and the Tom

HOUSTON -- Continued struggles at Randalls here have led to increasing industry speculation that Safeway may be trying to sell the chain.

While such trade reports have circulated for months, "there's some truth to the smoke going on there," one source told SN last week.

Safeway acquired Randalls, a $2.6 billion company that operated 116 stores under the Randalls name in Houston and Austin, and the Tom Thumb banner in Dallas, from the Onstead family in 1999 for around $1.8 bill

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