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  • Reports: Cerberus reportedly seeking financing for Supervalu deal

    NEW YORK — Cerberus Capital Management, which owns Albertsons LLC, may be looking to reunite the stores as it has reportedly emerged as a possible suitor to acquire all or part of Supervalu, according to published reports. 

    Cerberus is reportedly seeking $4 billion to $5 billion in debt financing from banks and is looking at investing equity of $800 million to $900 million, a person familiar with the matter reportedly said, although the source cautioned that the figures could change, according to reports.

  • StoreBoard program sets up in-store hand-sanitizer kiosks for Duane Reade customers

    StoreBoard Media — a company that places advertising billboards on the security pedestals at the entrance of chain stores nationwide — is launching its StoreBoard Wellness Program throughout New York's 259 Duane Reade stores.

    Through the program, Duane Reade stores will feature StoreBoard Media's billboards and in-store kiosks advertising brands like Eau Thermale Avene — a hypoallergenic skin recovery cream from Pierre Fabre USA — and encouraging customers to use the Purell hand sanitizer at the kiosk.

  • Former Walgreens exec Catherine Lindner named NEW board chair

    DALLAS — The Network of Executive Women has elected Catherine Lindner, former VP retail marketing for Walgreens, to serve as board chair.

    Lindner was elected at the network's annual members meeting at the NEW Leadership Summit on Oct. 22 in Dallas. More than 1,000 industry executives attended the event.

    Annie Zipfel, division VP customer marketing for retailer REI, was elected board vice chair. Zipfel most recently served as the network's chair of marketing and communications.

  • Walgreens celebrates pharmacists during American Pharmacists Month

    DEERFIELD, Ill. — Recognizing the important role its community pharmacy team plays in helping people get, stay and live well, Walgreens is celebrating its more than 27,000 pharmacists and their commitment to patient care in communities nationwide during American Pharmacists Month.

  • Quaker Oats introduces Quaker Popped snacks

    CHICAGO – Quaker Oats, a divison of PepsiCo, has introduced Quaker Popped — a rebranded version of the company's popular Quaker Quakes snack.

    Quaker Popped are bite-size snacks made from whole-grain brown rice and corn, with 10 to 13 grams of whole grain per serving and zero grams of trans fat. Because the snacks are popped, and not fried, they contain lower fat than a number of fried snacks.

  • CVS/pharmacy shares tips to better health in light of new study on benefits of daily vitamins

    WOONSOCKET, R.I. — CVS/pharmacy is encouraging customers to consider making simple lifestyle changes to experience long-term health benefits in light of new findings on the positive effect of daily vitamin regimens released this week by Brigham and Women's Hospital and published in the Journal of the American Medical Association.

  • Retail information technology vet joins Weis from Supervalu

    SUNBURY, Pa. — Information technology vet Shirl Stroeing joined Weis Markets earlier this week as the company's VP and chief information officer, according to published reports. 

    Stroeing makes the move from Supervalu, where she was VP service management and operations support. 

    Stroeing succeeds Bob Mawyer, who departed Weis earlier this year, and will report to Scott Frost, Weis SVP, CFO and treasurer. 

  • Improved adherence, med management can reduce hospital re-admissions, healthcare group says

    CAMBRIDGE, Mass. — Improving medication adherence may be the key to reducing hospital re-admission rates, according to a new issue brief by a health policy research organization.

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