Top Retailers

MINNEAPOLIS — Target will open a new store in East Kendall, Fla., one of the 18 it plans to open this year in the United States, the mass merchandise retailer said.

The 173,000-square-foot store will include a variety of products, including fresh produce, fresh packaged meat and pre-packaged baked goods.

"Target is excited to open our new store in October," Target VP stores for the southern region Sid Keswani said. "We look forward to deepening our commitment to south Florida, our guests and team members there."

When Albertson's LLC announced last month that its parent company, AB Acquisition, an affiliate of Cerberus Capital Management, signed an agreement to acquire 877 stores from Supervalu in a deal valued at some $3.3 billion — a move that will reunite all Albertsons stores under one operator — it recast the rankings of the industry's leading pharmacy retailers.

"As seen on 'Shark Tank'" may become the new "As Seen on TV" plug, especially if more products like Ava the Elephant — a pediatric medical dispenser that talks to children as its dispensing the medicine — make it to market.

Mom and entrepreneur Tiffany Krumins appeared on the pilot show of ABC's "Shark Tank" and talked real-estate mogul Barbara Corcoran into investing $50,000 into the product concept.

NEW YORK — Royal Ahold may be one step closer to acquiring Harris Teeter, though the Dutch supermarket conglomerate has yet to make a formal bid, according to a story published Friday morning by Bloomberg. 

Citing persons familiar with any potential acquisition pursuit, Bloomberg reported Ahold has contacted JPMorgan Chase, which has been retained by Harris Teeter to evaluate options.

The YMCA is offering a demonstration project to show that its YMCA Diabetes Prevention Program — part of the Centers for Disease Control and Prevention's broader National Diabetes Prevention Program — can lower the incidence of Type 2 diabetes and reduce medical costs incurred by Medicare.

Walgreens on Friday opened the doors to "Walgreens University,” an internal education center equipped with technology-enhanced classrooms, a mock drug store and video-conferencing capabilities. The new learning center will be the base of operations for employee educational programs offered online and in regional locations nationwide.

CAMP HILL, Pa. — Rite Aid has completed a series of debt financing transactions it announced recently, the retail pharmacy chain said.

The transactions were meant to extend the maturity of a portion of the retailer's debt and lower its interest expenses.

BOISE, Idaho — Albertsons named the division presidents who will lead the 877 stores it will acquire from Supervalu after the purchase agreement closes next month, the company said. The two companies agreed to the purchase in January.