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Inside This Issue - News

Up for the challenge

Community pharmacy is at a pivotal juncture in the effort to further the nation’s health and wellness, Rite Aid Corp. chairman and chief executive officer John Standley said at the National Association of Chain Drug Stores’ Total Store Expo.

Dreiling: acquisition bid stands

Dollar General Corp. reported a 2% rise in fiscal second quarter earnings as markdowns brought shoppers into its stores.

Walmart works to invigorate manufacturing in U.S.

Walmart is using its size and buying power to fuel a “Made in the U.S.A.” movement that can generate jobs for Americans and spark an economic revival in local communities.

Fred’s expedites shift in store model

Fred’s Inc. is accelerating its transition to a convenience- and pharmacy-centric retail model amid intense competition in its core general merchandise market and a surge in drug price inflation.

New Food Lion format debuts

Food Lion LLC says it has unveiled an easier shopping experience for customers in 31 stores in the Wilmington, N.C., market.

N.E. grocer resolves its family feud

Arthur T. Demoulas has reclaimed ownership of Market Basket.

Bi-Lo Holdings shelves IPO

Bi-Lo Holdings LLC, the owner of the Winn-Dixie and BI-LO supermarket chains, has canceled its plan for an initial public offering.

Sears Holdings sees profit slide continue

Sears Holdings Corp. extended its string of unprofitable quarters to nine, posting a wider second quarter loss as sales declined at many of its businesses, including Kmart, Sears Auto Center and Sears Canada.

Duke receives GMA’s highest award

Retired Walmart president and chief executive officer Mike Duke has received the Grocery Manufacturers Association’s (GMA’s) 2014 Hall of Achievement Award. The accolade is the association’s highest honor.

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