When John Standley was named chief executive officer of Rite Aid in June 2010 many industry observers thought that, saddled with the large debt load and other fallout from the mismanagement that had pushed the company to the verge of bankruptcy in the late 1990s, the best that could be hoped for was a continuation
The recent shareholder-approved acquisition of Family Dollar by Dollar Tree truly legitimizes the dollar store retail segment, combining two aspects of the format that have each become mainstream shopping options for millions of consumers. The recent shareholder-approved acquisition of Family Dollar by Dollar Tree truly legitimizes the dollar store retail segment, combining two aspects of
When the supermarket industry is under discussion it is often said that, going forward, the winners will be such high-end grocers as Whole Foods and Mariano’s and their competitors at the opposite end of the price spectrum, low-price chains like Aldi and Save-A-Lot. When the supermarket industry is under discussion it is often said that,
The retailing news continues to stun. Now comes word that Target intends to leave Canada, dispose of its 133 stores in that country and accept a loss of at least $5 billion in the fourth quarter. The retailing news continues to stun. Now comes word that Target intends to leave Canada, dispose of its 133
In this era of health care reform, the stock of community pharmacy and the professionals who comprise it is rising. In this era of health care reform, the stock of community pharmacy and the professionals who comprise it is rising. Every day more and more policy makers and payers in the private sector are coming
As the new year dawns, mass retailing is facing several questions critical to its future, questions turning on personnel or, more specifically, who will fill key positions going forward. As the new year dawns, mass retailing is facing several questions critical to its future, questions turning on personnel or, more specifically, who will fill key
When Walgreen Co. shareholders late last month gave their overwhelming approval to the acquisition of the 55% of Alliance Boots GmbH that the company did not already own, they formally ushered in a new era. When Walgreen Co. shareholders late last month gave their overwhelming approval to the acquisition of the 55% of Alliance Boots
In the retailer and supplier communities these are truly the days of diminished expectations. So it is that at the approach of Christmas, retailers have accepted the fact that the holiday selling season now coming to a close will be one just as soon forgotten as remembered. In the retailer and supplier communities these are