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Musgrave is to rebrand its upmarket grocery chain Superquinn to SuperValu to make it the second largest grocer in Ireland, and has made 102 redundancies as part of the restructure.
The 24 Superquinn stores will be rebranded as SuperValu from February 2014 while staff will leave Superquinn's support office over the next 18 months as the company merges the two retailers' head offices.
Musgrave will invest [euro]10m in the rebranding of the stores.
The move...