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View Full Version : Topco allies with Cuesta



NewsWhore
12-06-2006, 05:40 PM
On the eve of the start of DR-CAFTA, Centro Cuesta Nacional announces it is allying itself with Topco Associates that groups more than 60 supermarket chains and 4,000 stores in the US. Cuesta becomes the first Latin American member-owner of the group. CNN explains that it will be introducing seven new brands (Valu Time, Top Care, Paws Professional, Paws Premium, Food Club, Full Circle, World Classics) and a range of more than 1,100 new products to the Dominican market. Likewise, it opens doors for Dominican products to benefit from the 60 supermarket channels of the company.
Topco Associates LLC provides procurement, quality assurance, packaging, and other services exclusively for its member-owners that include supermarket retailers, wholesalers, and foodservice companies. Topco serves as a vehicle to leverage its members' collective volume to drive down product costs and to obtain economies of scale in support areas enabling its members to effectively compete against national companies. Topco members purchase a variety of products and services through the cooperative including corporate and national brands, perishables, equipment, supplies, and business services. A privately held cooperative, Topco has no conflicting profit motive because it distributes all earnings back to its member-owners based on each member's level of participation.

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