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Inside This Issue - News
Walmart, Walgreen Co. and Supervalu Inc. have promised to open or expand a combined more than 1,500 stores in underserved communities over the next five years, in a bid to reduce the number of “food deserts” where people have trouble finding healthy food that is affordable. Mark Tuffin has been promoted to president of Kroger Co.’s Smith’s division. He had been vice president of transition for Kroger since 2009. He succeeds Jim Hallsey, who retired after 47 years with Smith’s and Kroger. In a blockbuster combination of pharmacy benefits managers, Express Scripts Inc. has agreed to acquire Medco Health Solutions Inc. in a cash and stock transaction valued at $29.1 billion. Leon Bergmann has been promoted to president of Supervalu Inc.’s independent business organization, replacing Mark Anderson, who is retiring at the end of this month. Bergmann reports to Supervalu’s president and chief executive officer, Craig Herkert. Bottom Dollar Food, a unit of Delhaize America, will open 14 limited-assortment discount grocery stores in the Pittsburgh area and Youngstown, Ohio. Most of the locations will make their debut in early 2012. Kroger Co. has made two executive appointments recently.
Michael Donnelly has been named senior vice president of merchandising, while Reuben Shaffer has been appointed chief diversity officer. The country’s biggest food companies will adhere to new marketing guidelines curbing advertising of unhealthy products for children. When Mark Deuschle was named vice president of business development and chief marketing officer of the Global Market Development Center (GMDC) in February, it was a natural step for the executive.
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