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March 4, 2013

Supervalu announced several changes to its executive and banner retail leadership teams, as it continues preparations to move forward with a focus on serving wholesale grocery operators, growing its hard discount format and running a smaller, more efficient retail operation following the close of its previously announced transaction with AB Acquisition (Albertson's LLC).

MINNEAPOLIS — Supervalu on Monday morning announced several changes to its executive and banner retail leadership teams, as it continues preparations to move forward with a focus on serving wholesale grocery operators, growing its hard discount format and running a smaller, more efficient retail operation following the close of its previously announced transaction with AB Acquisition (Albertson's LLC). 

February 27, 2013

According to published reports, Flowers Foods is set to buy Hostess bread brands, including Wonder bread, for $360 million after no other bidder came forward with a competing offer, a source familiar with the sale acknowledged Wednesday.

NEW YORK — According to published reports, Flowers Foods is set to buy Hostess bread brands, including Wonder bread, for $360 million after no other bidder came forward with a competing offer, a source familiar with the sale acknowledged Wednesday.

According to a Reuters report, Hostess, which went bankrupt last year, was scheduled to host an auction on Thursday for the brands — which also include Butternut, Home Pride, Merita and Nature's Pride — but as no other bids were announced, the company will not go through with an auction.

February 25, 2013

When Supervalu announced this past summer a review of strategic alternatives, its goals were to improve its business, better position the company for the future and create the best opportunity to deliver shareholder value. This effort has led to the sale of 877 stores to AB Acquistion.

When Supervalu announced this past summer a review of strategic alternatives, its goals were to improve its business, better position the company for the future and create the best opportunity to deliver shareholder value. This effort has led to the sale of 877 stores to AB Acquistion.

Following the sale, Supervalu will consist of its wholesaler business, which serves 1,950 stores across the country; Save-A-Lot with approximately 1,300 stores across 35 states; and Supervalu's regional retail food banners Cub, Farm Fresh, Shoppers, Shop 'n Save and Hornbacher's.

February 14, 2013

AccentHealth announced it has purchased the Everwell waiting room television network, a division of MediVista Media.

NEW YORK — AccentHealth on Thursday announced it has purchased the Everwell waiting room television network, a division of MediVista Media. The deal follows AccentHealth's recent acquisition of Havas Impact’s health panel business, a purchase that doubled AccentHealth’s national footprint. 

February 14, 2013

Carex Health Brands unveiled a revamped website featuring both a consumer-centric and a business-to-business version.

NORWELL, Mass. — Carex Health Brands on Thursday unveiled a revamped website featuring both a consumer-centric and a business-to-business version.

“We feel this new website design reflects who we are as a company and better serves both our consumer-facing and B-to-B customers," stated Jeff Swain, VP marketing, Carex Health Brands. "Every day at Carex we seek to improve the quality of life of our consumers and to better serve our resellers. This web site is a giant leap forward toward accomplishing those goals.” 

February 7, 2013

Fred's Super Dollar reported sales for the five-weeks ended Feb. 2 were up 31% to $173.6 million. Comparable store sales were up 28.6%.

MEMPHIS, Tenn. — Fred's Super Dollar on Thursday reported sales for the five-weeks ended Feb. 2 were up 31% to $173.6 million. Comparable store sales were up 28.6%. 

On an adjusted basis, which eliminates the one week ended Feb. 2, sales were up 2% and same-store sales were flat, Fred's added. 

February 7, 2013

Reporting on the third quarter ended Dec. 31, Prestige Brands' CEO Matthew Mannelly told analysts he is "cautiously optimistic" regarding cough-cold reorders given the high consumption levels at retail in late December through January.

TARRYTOWN, N.Y. — Reporting on the third quarter ended Dec. 31, Prestige Brands' CEO Matthew Mannelly told analysts Thursday morning he is "cautiously optimistic" regarding cough-cold reorders given the high consumption levels at retail in late December through January. 

February 7, 2013

Rite Aid is promoting itself as a Valentine's Day shopping destination for women, the retail pharmacy chain said.

CAMP HILL, Pa. — Rite Aid is promoting itself as a Valentine's Day shopping destination for women, the retail pharmacy chain said.

February 4, 2013

Perrigo chairman, CEO and president Joe Papa shared with analysts that private label OTCs are trending strong and that growth will be sustained going forward with the number of projected Rx-to-OTCs on the horizon.

ALLEGAN, Mich. — Perrigo chairman, CEO and president Joe Papa on Friday shared with analysts that private label OTCs are trending strong and that growth will be sustained going forward with the number of projected Rx-to-OTCs on the horizon. 

January 28, 2013

Health care is evolving. As obvious of a statement as that is, it doesn’t change the fact that it is very real. Throughout last year, there was intense discussion on the Patient Protection and Affordable Care Act and what impact the outcome of the presidential election might have on its future. Now that the Supreme Court has ruled and elections are settled, healthcare companies and providers across the country are implementing strategies to meet ACA requirements.

Health care is evolving. As obvious of a statement as that is, it doesn’t change the fact that it is very real. Throughout last year, there was intense discussion on the Patient Protection and Affordable Care Act and what impact the outcome of the presidential election might have on its future. Now that the Supreme Court has ruled and elections are settled, healthcare companies and providers across the country are implementing strategies to meet ACA requirements.

January 15, 2013

Skin care products, including facial moisturizers and facial anti-aging products, experienced an uptick in sales, and the growth is expected to continue going forward as baby boomers help fuel sales and shoppers indulge in small luxuries.

Skin care products, including facial moisturizers and facial anti-aging products, experienced an uptick in sales, and the growth is expected to continue going forward as baby boomers help fuel sales and shoppers indulge in small luxuries.

According to data from SymphonyIRI Group, sales of skin care — which includes acne treatments, body anti-aging, depilatories, facial anti-aging, facial cleansers and facial moisturizers and fade/bleach — rose nearly 2.5% to about $3.53 billion for the 52 weeks ended Dec. 2 at total 
U.S. multi-outlets.

January 15, 2013

Fred’s Super Dollar is testing a smaller box Fred’s, complete with a pharmacy, as a potential growth engine going forward.

MIDDLETON, Tenn. — Fred’s Super Dollar is testing a smaller box Fred’s, complete with a pharmacy, as a potential growth engine going forward.

It’s half the size of a typical 16,000-sq.-ft. Fred’s location, with a lot of merchandising emphasis being placed on the Fred’s pharmacy. Pharmacy is seen as a growth catalyst for the company; 36.4% of Fred’s sales are comprised of prescription medicines, the Memphis-based retailer stated.

January 15, 2013

Interest in vitamins, minerals and supplements as a viable consumer product with strong profit-bearing potential has got to be at an all-time high right now, judging from the number of merger and acquisition deals scrolling across the latest finance news feeds.

Interest in vitamins, minerals and supplements as a viable consumer product with strong profit-bearing potential has got to be at an all-time high right now, judging from the number of merger and acquisition deals scrolling across the latest finance news feeds.

January 10, 2013

The sale of 877 stores to Cerberus Capital Management will help Supervalu re-energize its remaining three businesses, current Supervalu president and CEO Wayne Sales told analysts Thursday morning.

MINNEAPOLIS — The sale of 877 stores to Cerberus Capital Management will help Supervalu re-energize its remaining three businesses, current Supervalu president and CEO Wayne Sales told analysts Thursday morning. "What this means … is the company is smaller," Sales said. "And we exit with a much smaller balance sheet to ensure liquidity going forward," he said. This sale will not be followed by any further divestitures, Sales said. "We're not shopping any other assets."

January 10, 2013

In a move that will reunite all Albertsons stores under one operator, Supervalu on Thursday morning announced a definitive agreement under which it will sell 877 stores across the Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market banners and related Osco and Sav-on in-store pharmacies to AB Acquisition, an affiliate of Cerberus Capital Management, in a transaction valued at $3.3 billion.

MINNEAPOLIS — In a move that will reunite all Albertsons stores under one operator, Supervalu on Thursday morning announced a definitive agreement under which it will sell 877 stores across the Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market banners and related Osco and Sav-on in-store pharmacies to AB Acquisition, an affiliate of Cerberus Capital Management, in a transaction valued at $3.3 billion.

January 3, 2013

Fred's reported a 1% sales decline to $209.9 million for the five-week fiscal month ended Dec. 29.

MEMPHIS, Tenn. — Fred's on Thursday reported a 1% sales decline to $209.9 million for the five-week fiscal month ended Dec. 29. Comparable store sales for the month decreased 4.2% compared with a decline of 0.4% in the same period last year.

January 3, 2013

Safeway late Wednesday announced that Steve Burd, its long-time chairman and CEO, will retire at the company's annual stockholders meeting on May 14, 2013.

PLEASANTON, Calif. — Safeway late Wednesday announced that Steve Burd, its long-time chairman and CEO, will retire at the company's annual stockholders meeting on May 14, 2013. Safeway's board will begin a search for a successor, and will consider both internal and external candidates for the job, the grocer stated.  

December 28, 2012

Half of the primary care work-site health centers managed by Walgreens Employer Solutions Group have received AAAHC accreditation as patient-centered medical homes, with plans to have all of the company’s employer-based primary care centers accredited in the first half of 2013.

The news speaks to the quality of care delivered at Walgreens work sites, and as employers increasingly look for ways to curb healthcare costs and boost employee productivity, one can expect to see greater growth of such facilities going forward.

Half of the primary care work-site health centers managed by Walgreens Employer Solutions Group have received AAAHC accreditation as patient-centered medical homes, with plans to have all of the company’s employer-based primary care centers accredited in the first half of 2013.

December 28, 2012

Publix Super Markets on Thursday announced it has signed a lease for a second store in the Charlotte, N.C. area.

LAKELAND, Fla. — Publix Super Markets on Thursday announced it has signed a lease for a second store in the Charlotte, N.C. area. The store will be located at the intersection of South Boulevard and Iverson Way in Charlotte.

“We are excited to bring Publix to even more customers and associates in North Carolina and look forward to continued growth in the state and in our current operating areas,” stated Maria Brous, Publix media and community relations director.

December 19, 2012

The vast majority of product launches, reorganizations, mergers and improvement initiatives either fail or grossly disappoint. In all, roughly 90% of major projects violate their own schedule, budget or quality standards.

The vast majority of product launches, reorganizations, mergers and improvement initiatives either fail or grossly disappoint. In all, roughly 90% of major projects violate their own schedule, budget or quality standards.

Obviously these performance gaps are not part of the plan. Companies that work together to create very concise business plans, supported by a constant rhythm of team meetings, are more apt to stay on course and execute their plans with precision.

Seems obvious, so why do most initiatives breakdown?

December 12, 2012

SoloHealth announced that its SoloHealth Station digital kiosk has seen consumer engagement rise more than 200% since late summer.

AUSTIN, Texas — SoloHealth on Wednesday announced that its SoloHealth Station digital kiosk has seen consumer engagement rise more than 200% since late summer. To date, 5 million consumers have interacted with the kiosk, up from 2.5 million in late August. Additionally, daily consumer usage has increased three fold, going from 10,000 per day at the end of August to approximately 35,000 today.

December 11, 2012

E-prescribing offers many well-known benefits to physicians, pharmacists and patients alike. Beyond the well-known patient benefits, real-time transactions with automated requests and responses promise to create efficiencies by speeding the medication ordering process, reducing or eliminating the back-and-forth communications between pharmacists and clinicians commonly associated with handwritten prescriptions.

E-prescribing offers many well-known benefits to physicians, pharmacists and patients alike. Beyond the well-known patient benefits, real-time transactions with automated requests and responses promise to create efficiencies by speeding the medication ordering process, reducing or eliminating the back-and-forth communications between pharmacists and clinicians commonly associated with handwritten prescriptions.

November 30, 2012

A recent survey found a significant increase in the number of U.S. adults who have visited a retail clinic in recent years. The growth is attributed to a rise in the number of clinics nationwide, as well patients’ positive response to the convenience and lower cost of such clinic locations.

The findings come as little surprise and one should expect to see increased usage going forward. Why? Because health care is becoming increasingly consumer-centric as patients not only battle rising health care costs but also a growing shortage of primary care physicians. Patients want — need — convenient, high-quality health care services that are also cost effective. Convenient care clinics are increasingly illustrating the important role they play within the U.S. healthcare system.

A recent survey found a significant increase in the number of U.S. adults who have visited a retail clinic in recent years. The growth is attributed to a rise in the number of clinics nationwide, as well as patients’ positive response to the convenience and lower cost of such clinic locations.

November 30, 2012

RediClinic — which currently operates 30 clinics inside H-E-B grocery stores in Houston, Austin and San Antonio, Texas — is encouraging patients to get healthy and lose weight by enrolling in its Weigh Forward weight management program.

HOUSTON — RediClinic — which currently operates 30 clinics inside H-E-B grocery stores in Houston, Austin and San Antonio, Texas — is encouraging patients to get healthy and lose weight by enrolling in its Weigh Forward weight management program.

The clinic operator has kicked off a promotion whereby patients will receive a $100 H-E-B gift card when they enroll in the 10-week weight management program. The offer ends Dec. 31, 2012.

Weigh Forward was developed in partnership with weight-loss expert David Katz and launched in May 2011.

November 30, 2012

Walgreens is welcoming the public on Dec. 1 to the official opening of its 8,000th store nationwide and its first flagship store on the West Coast, located in Los Angeles at the iconic corner of Sunset and Vine.

DEERFIELD, Ill. — Walgreens is welcoming the public on Dec. 1 to the official opening of its 8,000th store nationwide and its first flagship store on the West Coast, located in Los Angeles at the iconic corner of Sunset and Vine.  (To see extensive photos of the new store and the star-studded, red carpet grand opening event, click here.)