Fred's Super Dollar reports Q2 net loss as it transitions into a convenience/pharmacy-centric player
Fred's Super Dollar last week reported a net loss of $16.4 million, or down 45 cents per share, for its second quarter ended Aug. 2.
Dollar General on Tuesday sweetened its deal for Family Dollar with an enhanced acquisition proposal with an offer worth about $9.1 billion.
Target has announced that consumers can now buy products featured on Instagram.
Canada’s Shoppers Drug Mart, which was acquired earlier this year by grocer Loblaw Cos., is looking to test the sale of fresh produce beginning in September, according to a Toronto Star report.
Don’t think of it as a set prototype — it’s an evolution. That’s what Rite Aid executives have always maintained, since first launching its Wellness store format in 2010. If you want to see where the evolution has taken the chain, and how the very latest thinking is reflected in the current format, watch Rite Aid president and COO Ken Martindale walk DSN through the company’s newly remodeled Wellness store in Beverly Hills, Calif., on North Canon Road.
Rite Aid celebrated the latest evolution of its Wellness store format, with a June 23 grand opening truly befitting of its 90210 address.