UBS Warburg beverage analyst Caroline Levy Estimated on Thursday that "malternative" manufacturers will spend $450 million in television advertising this year.
Tedeschi Food Shops Inc. has entered into an agreement to purchase Waltham, Mass.-based The Store 24 Inc. Terms of the deal, expected to close by the end of April, were not disclosed.
Competition between hypermarket fueling centers and traditional gasoline marketers received national attention through coverage by the CBS Evening News on Wednesday.
