Through April 30, there will be free, guided tours at 400 of the company’s stores with in-store pharmacies under the Albertsons, Safeway, Vons, Jewel-Osco, Shaw's, ACME, Tom Thumb, Randalls, Pavilions, Star Market and Carrs banners.
Kroger is developing a $60 million distribution center in Cincinnati, the Cincinnati Business Courier reported Tuesday. “More than 8.5 million customers shop in our stores every day and our goal is to always have our shelves stocked with the variety and selection our shoppers want,” stated Frank Bruni, VP supply chain and logistics, Kroger. “The new facility will help our logistics team to improve lead times and drive efficiencies for our stores and ultimately our customers.” (Cincinnati Business Courier)
Wall Street investors have faith that the Federal Trade Commission will approve Walgreens Boots Alliance’s proposed acquisition of Rite Aid — and that’s having a positive influence on Walgreens’ stock, according to Crain’s Chicago Business. WBA’s shares have been up 6% this year and up 19% over March 2016, which Morningstar analyst Vishnu Lekraj says is due to “investor optimism that they’re going to be able to close the Rite Aid transaction.” (Crain’s Chicago Business)
Walgreens reportedly is weighing whether or not to declare that its FTC application has "certified compliance," which would force the Federal Trade Commission to vote on its proposed acquisition of Rite Aid quickly.
Quri recently shared the results of its study examining the importance of continuous in-store merchandising execution data in helping health and beauty brands drive increased return on investment during awards season.