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LEADING HEADLINES

Food Lion marks 60th anniversary

Food Lion marks 60th anniversary

SALISBURY, N.C. — Food Lion said it will celebrate its 60th anniversary Tuesday by offering its customers a chance to win gift cards or discounts on their purchases. “It is an honor to celebrate 60 years of low prices, fresh products and community involvement with

Ahold Delhaize creates new U.S. unit

Ahold Delhaize creates new U.S. unit

ZAANDAM, Netherlands — Ahold Delhaize recently announced the creation of Ahold Delhaize USA. Effective January 1, Ahold Delhaize USA will be the parent company for all of Ahold Delhaize’s U.S. companies, the company said, including its local brands, Stop & Shop, Food Lion, Giant, Hannaford,

Dollar General reports strong sales gains in Q3

Dollar General reports strong sales gains in Q3

GOODLETTSVILLE, Tenn. — Dollar General Corp. reported strong financial results for its 13-week fiscal 2017 third quarter ended November 3. “We are pleased with our overall third quarter results, which include a strong same-store sales growth of 4.3% and increases in both average transaction amount

Fred’s mulls asset sale, posts bigger Q3 loss

Fred’s mulls asset sale, posts bigger Q3 loss

MEMPHIS, Tenn. — Fred’s Inc. reported a bigger year-over-year loss for its fiscal 2017 third quarter and plans to cancel its dividend and explore the sale of non-core assets. Fred’s said Wednesday that for the third quarter ended Oct. 28, it reported a net loss

CVS goes live with same-day Rx delivery in Manhattan

CVS goes live with same-day Rx delivery in Manhattan

WOONSOCKET, R.I. — CVS Pharmacy this week launched free, same-day delivery for prescription drugs and certain over-the-counter products in Manhattan. CVS said Wednesday that the delivery service is being offered at all locations in Manhattan. Prescriptions and O-T-C items can be delivered directly from CVS

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RETAIL NEWS

Wal-Mart Stores Inc. becomes Walmart Inc.

BENTONVILLE, Ark. — The world’s largest retailer is officially changing its legal name from Wal-Mart Stores Inc. to Walmart Inc. The change, which takes effect with the start of the company’s new fiscal year on February 1, is meant to reflect the company’s shift from

CVS Health to buy Aetna for $69 billion

WOONSOCKET, R.I. — Following mounting speculation over the past month, CVS Health has unveiled a cash-and stock-deal to acquire health insurer Aetna Inc. for $69 billion. CVS and Aetna said Sunday evening that under the merger pact, Aetna shareholders will receive about $207 per share,

Walgreens redefines its brand identity

DEERFIELD, Ill. — As part of a brand repositioning, Walgreens is changing its tagline to “Trusted Since 1901” to emphasize its long heritage of serving customers. Walgreens said Friday that the new slogan, which will replace “At the Corner of Happy and Healthy,” will make

C&S Wholesale Grocers Appoints Mike Duffy CEO

KEENE, N.H. — C&S Wholesale Grocers has appointed Mike Duffy as chief executive officer, effective January 8, 2018. In this capacity, Duffy will assume leadership responsibility for C&S’ strategic development, customer satisfaction and day-to-day operations. Following the appointment, Rick Cohen, C&S’ current CEO, will focus

First Rite Aid stores go to Walgreens

CAMP HILL, Pa. — Walgreens Boots Alliance (WBA) has taken over the first group of Rite Aid stores as part of the asset sale agreement the companies unveiled in September. Rite Aid Corp. said late Monday that it has transferred 97 stores and related assets

SUPPLIER NEWS

Creme of Nature unveils natural coconut milk line

JACKSONVILLE, Fla. — Creme of Nature has rolled out seven new hairstyling products with the launch of the with the Certified Natural Coconut Milk Collection. Creme of Nature said the “curl-loving” products are infused with coconut oil to provide nourishment from the roots to ends

SheaMoisture launches Red Palm & Cocoa Butter line

AMITYVILLE, N.Y — Sundial Brands has introduced the SheaMoisture Red Palm & Cocoa Butter anti-shrinkage hair care collection. Sundial said the new line provides a healthy way for women with curly hair to elongate shrinkage-prone hair and maintain their length. The company noted that fighting

Hershey debuts new Cookie Layer Crunch flavor

HERSHEY, Pa. — Hershey Co. has added a fourth flavor to its year-old Cookie Layer Crunch snack line. Launched this week, Hershey’s Cookie Layer Crunch Triple Chocolate bar is made with chocolate creme, chocolate cookie bits and milk chocolate to deliver an indulgent, layered taste,

RangeMe Verified aims to speed sourcing

SAN FRANCISCO — RangeMe, which bills itself as the leading online platform for product discovery, is launching a new service called RangeMe Verified brands, which is designed to allow retail buyers to more easily identify those products and companies that are business-ready. “Getting a product

Gillette announces 2018 grooming solutions

BOSTON — Procter & Gamble Co.’s (P&G’s) Gillette brand will launch in January eight grooming solutions for both men and women that will sell across a wide range of price points. These products will include a cooling technology for disposable razors, the first Venus facial