Sale of Gigante
As of Dec. 6, 2007 Supermercados Gigante was acquired by Organizacion Soriana for US$1.35 billion. The supermarket and hypermarket retail formats of Supermercados Gigante, including its seven US stores, will disappear and the stores will adopt the Soriana Brand. Grupo Gigante will remain in business as a company separate from Soriana, operating Mexican Radio Shack and Office Depot locations, as well as the Toks restaurant chain.
Read more about this topic: Supermercados Gigante
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“[T]he dignity of parliament it seems can brook no opposition to it’s power. Strange that a set of men who have made sale of their virtue to the minister should yet talk of retaining dignity!”
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