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Brookshire Brothers to acquire 25-store chain David’s Supermarkets

BY Michael Johnsen

LUFKIN, Texas — According to published reports, Brookshire Brothers on Friday entered into an agreement to acquire the assets of David’s Supermarkets, a 25-store chain located in North Central Texas.

"We feel like these family-owned stores align with our core value that we are a celebration of family and community," stated Jerry Johnson, president and CEO of Brookshire Brothers.  

Brookshire Brothers operates 123 outlets including grocery stores, convenience stores, free standing pharmacy, tobacco and petro locations.

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Advantage Multi for Dogs gets FDA approval

BY Ryan Chavis

SHAWNEE, Kan. — Bayer’s Advantage Multi for Dogs (imidacloprid + moxidectin) received Food and Drug Administration approval as the first-ever treatment for circulating microfilaria in heartworm-positive dogs. The approval was referenced in American Heartworm Society guidelines surrounding heartworm prevention and treatment.

"Bayer is passionate about caring for animals and develops products and services that support veterinarians’ ability to keep our pets healthy," Cristiano von Simson, DVM, MBA, director of Veterinary Technical Services at Bayer HealthCare Animal Health division, North America, said. "These updated guidelines, and the FDA’s recognition of the importance of treating microfilaria, will strengthen veterinarians’ capability to reduce the incidence and severity of heartworm disease in dogs."

There are conservatively 1 million cases of heartworm disease diagnosed in dogs every year, according to AHS. Heartworm disease most commonly results in abnormal functioning of the lungs, heart, liver and kidneys.

 

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FMI urges appellate court to uphold debit reform ruling

BY Michael Johnsen

WASHINGTON — The Food Marketing Institute, a plaintiff in the litigation against the Federal Reserve’s interpretation of debit reforms legislated by Congress under the Durbin Amendment, on Friday urged the Appeals Court to agree with U.S. District Court Judge Richard Leon’s July 31 decision. 

Judge Leon ruled that the U.S. Federal Reserve had “clearly disregarded” Congress’ intent “by inappropriately inflating all debit card transaction fees by billions of dollars.”

FMI is pleased to be a named plaintiff in such an important case for the food retail industry," stated FMI SVP Government and public affairs Jennifer Hatcher. “We urge the three-judge panel to concur with Judge Leon’s decision and with what merchants witness every day: the Federal Reserve did not follow the law when crafting a rule that continues to impose a fee that is neither reasonable nor proportional on merchants.”              

To read the collective argument for why retailers are urging the Appeals Court to make banks follow the law on debit-card transactions, visit the Merchants Payments Coalition website: UnfairCreditCardFees.com.

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