July 10, 2017 by MMR
Rite Aid Corp., Walgreens Boots Alliance Inc., WBA
2017, Issue 07-17-2017, Issues
DEERFIELD, Ill. — Walgreens Boots Alliance Inc. (WBA) announced that it is scrapping its plans to buy Rite Aid Corp. and instead will acquire only a portion of the drug store chain, after the original takeover effort seemed doomed by the Federal Trade Commission. The new agreement replaces a previous merger deal with Rite Aid
July 10, 2017 by MMR
Carman Wenkoff, Dollar General Corp., Jason Reiser
2017, Issue 07-17-2017, Issues
GOODLETTSVILLE, Tenn. — Dollar General Corp. has tapped Jason Reiser as executive vice president and chief merchandising officer. The retailer also named Carman Wenkoff executive vice president and chief information officer. Reiser, who had been serving as executive vice president and chief operating officer at the Vitamin Shoppe, was slated to join Dollar General on
July 10, 2017 by MMR
Amazon.com Inc., Prime Pantry, Target Corp., Target Restock
2017, Issue 07-17-2017, Issues
MINNEAPOLIS — Target Corp. is testing a household essentials delivery service that is said to have cheaper shipping and shorter delivery times than those available to Amazon.com Inc.’s Prime Pantry customers. The service, called Target Restock, launched late last month as a pilot in the Minneapolis/St. Paul area for the retailer’s RedCard holders. Target said
July 10, 2017 by MMR
Arkansas Gov. Asa Hutchinson, made in the USA, Walmart
2017, Issue 07-17-2017, Issues
BENTONVILLE, Ark. — More than 500 suppliers flocked to Walmart stores last month to pitch their “made in the USA” products at the retail giant’s fourth annual Open Call event. Guest speakers at the event included Arkansas Gov. Asa Hutchinson, who lauded Walmart for helping to provide many jobs in the state, which enjoys a
July 10, 2017 by MMR
Ian McLeod, Southeastern Grocers LLC
2017, Issue 07-17-2017, Issues
JACKSONVILLE, Fla. — Southeastern Grocers LLC said it is searching for a president and chief executive officer to succeed Ian McLeod, who announced he would be leaving the company June 30 to take another job. Anthony Hucker, the company’s chief operating officer, agreed to assume the roles of president and CEO on an interim basis.
July 10, 2017 by MMR
Kroger Co., Our Brands
2017, Issue 07-17-2017, Issues
CINCINNATI — Kroger Co. is expanding its Our Brands lines to offer more value, variety and quality. The new products will supplement the company’s more than 30,000 Our Brands items, including food, beauty, personal care, pet and household essentials, many of which are made at one of Kroger’s 38 U.S. production plants. “Our Brands sold
July 10, 2017 by MMR
National Retail Federation, National Retail Security Survey, NRF, University of Florida
2017, Issue 07-17-2017, Issues
WASHINGTON — U.S. retailers collectively sustained a $48.9 billion hit from theft and other inventory shrinkage in 2016, according to the annual National Retail Security Survey. That’s an 8% increase from a year earlier and came as budget constraints prompted some retailers to cut spending on security, according to the survey, released last month by
July 10, 2017 by MMR
Lidl, North Carolina, Virginia
2017, Issue 07-17-2017, Issues
ARLINGTON, Va. — Lidl announced plans for a second round of U.S. store openings, with grand-opening ceremonies on July 13 at two stores in North Carolina and two in Virginia. The company also announced plans for its fourth distribution center and regional headquarters, in Cartersville, Ga., about 40 miles northwest of Atlanta. Previous centers were
July 10, 2017 by MMR
Begin for Diabetes, Hy-Vee Inc.
2017, Issue 07-17-2017, Issues
WEST DES MOINES, Iowa — Hy-Vee Inc. is upgrading its diabetes programs with Begin for Diabetes, a lifestyle management program for the unique set of health and nutrition challenges that people dealing with the disease face on a daily basis. The new program adds to Hy-Vee’s existing Begin and Begin 4 Kids programs. All three
July 10, 2017 by MMR
Fred’s Inc., Rite Aid Corp., Walgreens Boots Alliance Inc.
2017, Issue 07-17-2017, Issues
MEMPHIS — Fred’s Inc. weighed in on the recent termination of the merger between Walgreens Boots Alliance Inc. and Rite Aid Corp. and the related asset purchase agreement of Fred’s with Walgreens and Rite Aid. In December 2016, Fred’s announced that it had signed an asset purchase agreement with Walgreens and Rite Aid to buy
July 10, 2017 by MMR
Medicare Part D, National Association of Chain Drug Stores, Tricare
2017, Issue 07-17-2017, Issues
WASHINGTON — National Association of Chain Drug Stores board members met with House and Senate leaders last month to highlight pharmacy’s role in affordable, accessible and quality health care for all Americans. Board members flew to Washington to discuss with lawmakers pharmacy priorities, including provider status legislation, health care reform, transparency in Medicare Part D,
July 10, 2017 by MMR
Alex Hurd, Everything Health LLC, Nicholas Hall Group of Companies, North American Conference on Consumer Healthcare and OTC Medicines
2017, Issue 07-17-2017, Issues
MORRISTOWN, N.J. — “Retail is becoming a key driver for health care solutions, and Walmart continues to build on our commitment to make health care and healthier food choices more affordable and accessible for our customers,” said Alex Hurd, senior director of health and wellness transformation at Walmart, during a joint presentation titled “The Role