PROVIDENCE, R.I. — Supervalu Inc., now a subsidiary of United Natural Foods Inc., plans to sell its Hornbacher’s chain to Coborn’s Inc. The deal, announced by UNFI on Friday, includes seven Hornbacher’s locations, as well as a new Hornbacher’s store that is currently under development in West Fargo, N.D. Hornbacher’s remaining store, located in Grand
NEW YORK – The National Association of Chain Drug Stores (NACDS) Foundation celebrated its 20th Annual Foundation Dinner in New York on November 28. The event raised more than $1.8 million, which will help support evidence-based research, pharmacy education and philanthropic initiatives to improve patient outcomes and advance population health. In his remarks at the
PHOENIX — Albertsons Cos. has joined the Solera Health network of National Diabetes Prevention Program (NDPP) providers, offering the program in in neighborhood grocery stores operating under 20 banners, including Albertsons, Safeway and Vons. The Albertsons Companies’ NDPP, led by local dieticians and supported by the stores’ pharmacists, uses the aisles of the supermarket as a
LONDON — Unilever has announced that chief executive officer Paul Polman has decided to retire from the company. Alan Jope, currently president, beauty and personal care, has been appointed to the position, effective January 1, 2019, with Polman supporting the transition process during the first half of the year. Paul Polman has been Unilever CEO
CHESAPEAKE, Va. — Dollar Tree Inc. reported a 4.2% increase in consolidated net sales, to $5.54 billion, for its fiscal 2018 third quarter. Same-store sales for the company increased 1%, and net income increased 5.1% to $281.8 million. “We delivered earnings within the range of our expectations despite continued cost pressures related to domestic freight
NEW YORK — CeraVe, a skin care brand owned by L’Oréal, has expanded its portfolio of therapeutic skin care products to include a Hydrating Hyaluronic Acid Serum and a Diabetics’ Dry Skin Relief line, which includes a moisturizing cream, hand and foot cream, and a cleansing wash. The Diabetics’ Dry Skin Relief line was developed to address the specific
NAPLES, Fla. — Burke Gillis Juliano Group (BGJ), a leading management consulting firm focused on delivering solutions for the extended retail value chain, today announced that Mike Carter and Alex Yakulis are joining the firm as associates. Carter will focus on wholesale/retail distribution, consumer goods and merchandising services, and Yakulis will concentrate on retailer engagement, in-store
Woonsocket, R.I. – CVS Health on Wednesday announced that it completed its acquisition of Aetna establishing CVS Health as the nation’s premier health innovation company. “Today marks the start of a new day in health care and a transformative moment for our company and our industry,” said CVS Health president and chief executive officer Larry Merlo.
NEW YORK —Black Friday lived up to its reputation as the busiest shopping day of the year, according to the International Council of Shopping Centers, which estimates that about 151 million people visited a mall or shopping center over the weekend. “Black Friday kicked the holiday shopping season into high gear, driven by positive consumer
NEW YORK — While driverless cars and cashierless stores may still be works in progress, mass retailers are moving ahead toward fully automated warehouses. Albertsons Cos., Ahold Delhaize, Kroger Co. and Walmart have all made strides recently in the implementation of robotic distribution centers. Ahold Delhaize announced just this month that it will automate picking
AMSTERDAM — Dutch-Belgian supermarket group Ahold Delhaize, the owner of Stop & Shop, Food Lion, Giant Food Stores and Hannaford, is looking for acquisitions in the United States, its chief executive announced in a Dutch newspaper report. The comments in Dutch newspaper Financieele Dagblad signal a potential strategy shift for Ahold under chief executive officer
ARLINGTON, Va. — German Discount grocer Lidl and Best Market announced earlier this month an agreement in which Lidl will acquire 27 Best Market stores in New York and New Jersey, widening its reach into the U.S. market. The move allows Lidl to offer customers in the region a supermarket experience recently ranked among the