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• In Kentucky, the Courier Press reports that Houchens Industries has completed its acquisition of Buehlers Foods. According to the story, “Buehler’s Buy-Low stores will continue to operate under that name, and store associates remain employed by the company … Buehler’s Buy-Low day-to-day operations will continue to be headquartered from Jasper, Ind. However, former Buehler Foods president Kris Buehler Massat is no longer involved in the management of the company.”

• The Seattle Times this morning reports that Starbucks has laid off 100 people, including 25 headquarters employees, as it continues to cut costs in search of greater profitability. The company emphasized that no store employees have been laid off.

Starbucks had announced 600 layoffs, many of them at headquarters, back in February.

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