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Ahold to enhance supplier diversity

BY Brian Berk

CARLISLE, Pa. — Ahold USA inked a deal with RangeMe, an online platform that streamlines new product discovery between retailers and product suppliers. Specifically, the technology platform allows Ahold to discover and source more women-owned and minority-owned businesses with innovative and quality products for its division stores.

Ahold USA stated it will use RangeMe to not only scale its product and supplier discovery efforts, but also to manage the company’s inbound product submissions.

"Our goal is to develop more mutually beneficial and successful partnerships with small and diverse suppliers," said Nick Bertram, SVP of merchandising strategy and support, Ahold USA. "This partnership with RangeMe reinforces our commitment to accomplish this at scale while providing our division customers with amazing products at competitive costs."

"We are honored to partner with Ahold USA to scale such an important initiative in our industry," said Nicky Jackson, founder and CEO of RangeMe. "It's refreshing to work with such a forward-thinking retailer to bring greater opportunity to our growing and diverse supplier base."

Ahold USA is the parent company of many grocery brands, including Stop & Shop New England, Stop & Shop New York Metro, Giant Landover, Giant Carlisle and online grocery Peapod.

San Francisco-based RangeMe also announced it struck a deal whereby beauty retailer Sephora will also utilize its services. 

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Newfangled Collaboration

BY Dave Wendland
As you know, the Drug Store News editorial staff has allowed me to imagine a bit in these posts and offer ideas that haven’t been thought of yet. In this post I decided to think of unlikely partners that could bring value to consumers’ health and wellness efforts through unique, collaborative efforts. 
 
Remember, I’m not saying that any of the ideas offered as part of this series will definitely work, but I am saying that I have not yet seen them put into practice. Perhaps you’ll try one of these in your operation. The only favor I ask in return is to let me know the results.
 
From my vantage point, health and wellness doesn’t just include medicines and taking care of one’s body. Rather, it extends to the surroundings in which people work and live and their overall environment. Here are a couple of examples to demonstrate this big idea.
 
What if the local paint store had a partnership with the retail pharmacy and the two businesses worked together to create a series of paint palettes to help nurture overall well-being. Colors to help invoke calmness could be a palette, and others could be assembled for invigoration, warmth, and more. In turn, the pharmacy could offer special “kits” of products that correlate with these emotional needs (e.g., aromatherapy, bath salts, and eye masks for calming; exercise aids, health monitors, and electrolyte drinks for invigoration).
 
Here’s another idea. How about an alliance between the local community pharmacy and the hardware/building supply store? I’m sure you can think of countless instances where an individual is discharged from a hospital and requires temporary home modifications. There are also longer-term situations where an elderly adult or someone else with mobility, cognitive, or other limitations may be moving into a loved one’s house. How will the wheelchair ramp be built? How will the cupboard lock? What about safety lighting, etc.? These are all things that the building supply retailer already stocks and should have expertise in. Imagine the two retailers creating a comprehensive checklist of sorts based on need state?
 

Of course, the list of these types of collaborations is endless. Here’s wishing you productive, cooperative efforts in your community.


Dave Wendland is vice president and co-owner of Hamacher Resource Group, a retail healthcare consultancy located near Milwaukee, Wisconsin. He directs business development, product innovation and marketing communications activities for the company and has been instrumental in positioning HRG among the industry’s foremost thought leaders. You may contact him at (414) 431-5301 or learn more at Hamacher.com.

 

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D.WENDLAND says:
Feb-14-2017 12:29 pm

Thanks for the comment, JoAnn. Thinking outside the box is one of my core competencies ... I'm glad you feel inspired.

J.GAIO says:
Jan-12-2017 10:49 am

Dave - I like your out-of-the-box thinking!

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Ahold Delhaize commences 1B euros share buyback program

BY Brian Berk

ZAANDAM, The Netherlands — Ahold Delhaize will buy back $1 billion euros worth of its stock. The program is expected to be completed by the end of this year.

According to Ahold Delhaize, the program is intended to reduce the company’s capital by cancelling all or part of the common shares acquired through the program.

The share buyback is part of Ahold Delhaize’s Better Together strategy. The company will provide updates on the status of the share buyback program throughout the year.

In the United States, Ahold Delhaize is the parent of Stop and Shop, Food Lion, Giant and more.

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