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Issue 09-23-2013

Walgreens buys Kerr

DEERFIELD, Ill. — 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. 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. Structured as an asset transaction, the

Top ranks are recast at Delhaize

BRUSSELS — 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. Delhaize Group shook up its management ranks earlier this month, announcing the appointment of a new chief executive officer and the resignation of the

Tesco sells Fresh & Easy and exits U.S. market

EL SEGUNDO, Calif. — 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. Tesco PLC has reached an agreement to sell its Fresh & Easy Neighborhood Markets chain in the United States to Ron Burkle’s Yucaipa Cos.

Walmart falls short

BENTONVILLE, Ark. — 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. Unlike a year ago, when its domestic business

Rite Aid stores to offer health plan guidance

HOBOKEN, N.J. — 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). Next month, Rite Aid Corp. plans to have independent, licensed insurance agents in about 2,000 stores to offer

United Supers is sold to Albertsons

BOISE, Idaho — 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. Albertsons LLC has agreed to acquire United Supermarkets LLC, a 50-store chain

SDM unveils latest boutique

TORONTO — Shoppers Drug Mart (SDM) has launched its enhanced beauty­BOUTIQUE at the Toronto Eaton Centre. Shoppers Drug Mart (SDM) has launched its enhanced beauty­BOUTIQUE at the Toronto Eaton Centre. The 4,000-square-foot department features new fixtures and digital signage as part of a luxurious retail environment. It offers various high-end brands, including prestige fragrance and

Publix widens N.C. expansion

LAKELAND, Fla. — 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. Publix Super Markets Inc. has unveiled plans to expand its entry into North Carolina, saying it will enter the Winston-Salem market and

The next move is up to Walmart

The most stunning news to come from the mass retailing community thus far this year was Walmart’s stated intention to spend up to $50 billion on U.S.-produced goods over the next five years. The most stunning news to come from the mass retailing community thus far this year was Walmart’s stated intention to spend up

Target seeks new ideas to improve health care

Target Corp. is leveraging two of its greatest strengths — a keen understanding of consumers’ needs and the ability to forge partnerships that enhance its ability to have a positive influence on the lives of customers — to help improve the nation’s health care system. Target Corp. is leveraging two of its greatest strengths —