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• The Chicago Tribune reports on a new survey sponsored by Goldman Sachs suggesting that "McDonald's appears to be less able to convert advertising into customer visits. The world's largest hamburger chain is spending more on advertising, especially promoting a wealth of new products such as Mighty Wings, while sales at its stores slow ... McDonald’s also ranked last in perceived quality, healthiness and consumers' willingness to pay more for certain menu items among major fast food chains, according to the Goldman survey."


• The Bellingham Herald reports that Haggen Inc. has decided to close three more of its TOP Food & Drug Stores, in Auburn, Kent and Yakima, Washington. Haggen previously announced the closure of five Washington State stores, in Tacoma, Lacey, Federal Way, Bellevue and Shoreline.

The announcement leaves Haggen with 20 stores overall, including four TOP units.

“We continue to drive against our plan to transform all of our stores to deliver the best in quality and service to our valued customers. Unfortunately, this transformation necessitates the closings we are announcing today,” said Clement Stevens, co-president and senior vice president of merchandising, in a prepared statement.
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