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• The Sydney Morning Herald reports that Costco CFO Richard Galanti says that the company has been investigating the possibility of expanding to Australia, and that "there's nothing on the horizon over the next 12 months, but it doesn't mean tomorrow that could change." The cost of land in Australia reportedly has been one of the drawbacks cited by Costco in the past.

• Aldi reportedly that discount grocer Aldi has begun adding fresh meat to its US stores, a strategy similar to one that the company has been pursuing in its European businesses.

• Rite Aid Corporation announced that the US Federal Trade Commission (FTC) has approved Rite Aid's acquisition of the Brooks and Eckerd drugstore chains from The Jean Coutu Group. Rite Aid expects to complete the acquisition, which includes approximately 1,850 Brooks and Eckerd stores and six distribution centers, primarily located on the East Coast and in the Mid-Atlantic states, today.
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