Inside This Issue - News
The ranks of the nation’s regional drug chains continue to thin, with Walgreen Co. recently announcing plans to acquire Raleigh, N.C.-based Kerr Drug.
Delhaize Group shook up its management ranks earlier this month, announcing the appointment of a new chief executive officer and the resignation of the head of its U.S. operations.
Tesco PLC has reached an agreement to sell its Fresh & Easy Neighborhood Markets chain in the United States to Ron Burkle’s Yucaipa Cos. private investment firm.
Unlike a year ago, when its domestic business was building momentum, Walmart reported top- and bottom-line results for the second quarter of fiscal 2014 that were below expectations, in part reflecting sharp deceleration in the International Division, which had been a consistent growth driver.
Next month, Rite Aid Corp. plans to have independent, licensed insurance agents in about 2,000 stores to offer free consultations to customers seeking guidance on new health benefits under the Affordable Care Act (ACA).
Albertsons LLC has agreed to acquire United Supermarkets LLC, a 50-store chain based in Lubbock, Texas. The terms of the transaction, which is expected to be complete by the end of October (subject to customary government approvals), were not disclosed.
Shoppers Drug Mart (SDM) has launched its enhanced beautyBOUTIQUE at the Toronto Eaton Centre.
Publix Super Markets Inc. has unveiled plans to expand its entry into North Carolina, saying it will enter the Winston-Salem market and add another location in the state’s Mecklenburg County.