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RETAIL NEWS

  • Is today the day the Walgreens, Rite Aid deal is approved?

    NEW YORK  — Is today the day? The much anticipated approval for the Walgreens/Rite Aid merger, through which Walgreens has proposed to pay $9.4 billion for the acquisition of Rite Aid's 4,547 stores in an effort to bolster its national footprint, did not happen by Friday morning as many had speculated.

    Now there is a new countdown clock — the deal is set to expire Jan. 27 if not approved before that time.

  • Food Lion, Hannaford enjoy strong Q4 sales

    ZANDAAM, The Netherlands — Ahold Delhaize’s Delhaize America supermarket division had a strong 2106 fourth quarter, with comparable-store growth rising by 2.2% year over year with both Food Lion and Hannaford growing volumes significantly.

    “In October, Food Lion implemented its ‘Easy, Fresh & Affordable’ initiative in 142 stores in the Charlotte market, with positive initial customer response especially in Fresh. Shelf price deflation was 1.7%, broadly in line with the previous quarter,” Ahold Delhaize stated in a news release.

  • ShopRite offers free health-and-wellness offerings

    KEASBEY, N.J. — ShopRite is introducing a variety of health and wellness offerings for its supermarket customers throughout 2017.

    These services include:

    Free Eat Well, Be Happy Weight Management Classes — This six-week class teaches portion control, label reading, better-for-you cooking techniques and lifestyle maintenance.

    Free Diabetes Classes — Runs throughout the year and features one-hour long sessions focusing on several aspects of diabetes. Held in partnership with ShopRite Pharmacy.

  • Walgreens Flu Index points to rising flu incidence across Texas

    DEERFIELD, Ill.  — The Walgreens Flu Index is tracking a significant uptick in influenza across the Lone Star state, according to the company's weekly report.

    The top 10 markets as measured by flu activity for the week of Jan. 15 are:

  • Loblaw announces management changes

    TORONTO  — George Weston Limited and Loblaw Companies Limited on Thursday named Galen Weston chairman and CEO of George Weston Limited. Weston will continue in his role as chairman and CEO of Loblaw.

    In addition, Luc Mongeau has been appointed president, Weston Foods and Sarah Davis president, Loblaw.

  • Supervalu names Dament SVP of retail, merchandising and marketing

    MINNEAPOLIS — Supervalu named Anne Dament its SVP of retail, merchandising and marketing, effective immediately.

    In her new role, Dament will lead the company’s retail banner operations, oversee retail merchandising and marketing functions, and report to Mark Gross, Supervalu’s president and CEO.

  • Kroger hires D.C.-based government relations executive

    CINCINNATI — Kroger on Tuesday named Matt Perin head of government relations and regulatory affairs.

    "Matt's involvement and relationships with leaders in Washington will help advance our federal and state lobbying efforts and elevate Kroger's unique story among these influential stakeholders," stated Dailey, Kroger's senior director of external affairs. "We look forward to having Matt's expertise on the ground in Washington."

  • Sale of pharmacy business impacts Target sales

    MINNEAPOLIS — Target’s sale of its pharmacy and clinic business in December 2015 to CVS Health impacted sales, with the company announcing Wednesday that November/December 2016 sales decreased 4.9% year over year.

    On a comparable basis, total sales declined by 1.3% year over year.

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