Delhaize America turns out positive Q2 results
SALISBURY, N.C. — New stores, higher retail inflation and positive calendar impact drove sales up for Delhaize America, the U.S. sector of the Delhaize Group, during the second quarter ended June 30.
The division, which operates such banners as Food Lion, Hannaford and Bottom Dollar Food, reported that revenues rose 4.3% to $4.9 billion, while comparable-store sales increased 1.6%. Operating profit, however, dropped 2.7% to $205 million.
The results are very encouraging, Delhaize Group president and CEO Pierre-Oliver Beckers said, as the supermarket conglomerate has put a great emphasis on its U.S. business with the relaunch of about 200 Food Lion stores in the Raleigh, N.C., and Chattanooga, Tenn., markets, in addition to the expansion of the Bottom Dollar Food banner, which is adding more stores in the greater Philadelphia market and also will break ground in the greater Pittsburgh and Youngstown, Ohio, markets, with 14 stores expected to open early next year.
At the end of June 2011, Delhaize Group operated 1,638 supermarkets in the United States.
Pharmacy groups to U.S. Supreme Court: Pharmacies have right to challenge Medicaid cuts
ALEXANDRIA, Va. — Looking to challenge reimbursement rate reductions for Medicaid beneficiaries, pharmacy groups have filed a joint legal brief with the U.S. Supreme Court.
The brief was filed by the American Pharmacists Association, National Association of Chain Drug Stores, National Community Pharmacists Association and the National Alliance of State Pharmacy Associations in the case of Douglas v. Independent Living Center of California.
The initial lawsuit — filed by pharmacies and other healthcare providers — argues that a 10% Medicaid reimbursement cut in California violates the federal patient access law, which provides that Medicaid reimbursement rates must be “sufficient to enlist enough providers so that care and services are available under the plan at least to the extent that such care and services are available to the general population in the geographic area….” The pharmacy groups argue that proposed cuts would threaten access to care for Medicaid patients.
The joint legal brief filed by the four pharmacy groups further argues that a long line of Supreme Court decisions support the right to challenge state actions that are inconsistent with federal laws, and challenges to inadequate Medicaid reimbursement rates must be allowed if they threaten patient access to pharmacy care.
The Supreme Court will hold a hearing in the case on Oct. 3, and may issue a decision later this year.
Carex launches Ultra Grabber
NORWELL, Mass. — Carex Health Brands on Thursday announced the launch of the Ultra Grabber, a mobility device that provides wrist support and enables users to reach up to 32 in. to retrieve items in high areas, on the floor or within common reach that could otherwise present a challenge for individuals.
With a push button lock, a nonslip trigger and rubber grabber cups, the Ultra Grabber features a twist and click shaft with 360-degree rotation enabling greater mobility.
The Carex Ultra Grabber is available this month online and at select retailers at a suggested retail price of $25 for a 26-in. SKU and $26 for a 32-in. SKU.