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H-E-B, Whataburger develop ready-to-eat french fries

BY Jason Owen

SAN ANTONIO — H-E-B and Whataburger introduced today Whatafries, a french fry that is cut from real potatoes and can be heated or eaten straight out of the bag.

Whatafries were developed by the H-E-B product team in conjunction with Texas icon Whataburger as a unique product sold exclusively at H-E-B. The product will make its way to H-E-B snack aisles this week and will be available in all H-E-B, Central Market, Mi Tienda, and Joe V’s Smart Shop stores by June 24.

“H-E-B is pleased to continue our collaboration with Whataburger and to introduce new items for our customers to enjoy at home,” said Reade Ahrens, H-E-B group VP grocery procurement and merchandising. "Our goal is to continuously provide Texans with the products they love, so it only makes sense to work with Whataburger, a brand beloved by millions of Texans.”

Last month, Whataburger introduced its popular Fancy Ketchup, Spicy Ketchup and its Original Mustard condiments to H-E-B stores throughout Texas, including Central Market, Mi Tienda and Joe V’s Smart Shop.

“It has been a great partnership,” said Dino Del Nano, Whataburger VP retail. “Our customers’ reaction to the availability of our condiments in H-E-B stores has been incredible, and we anticipate the same response with the new Whatafries. Texans know to expect great products from both companies.”


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Rite Aid boosts debt offering

BY Alaric DeArment

CAMP HILL, Pa. — Rite Aid is offering to buy back $810 million worth of debt while increasing the amount of a new bond sale announced Tuesday, the retail pharmacy chain said.

Rite Aid said it would buy back all of its $810 million worth of 9.5% senior notes due 2017. The company also said it would increase the $400 million offering of 6.75% senior notes due 2021 by another $410 million, for a total of $810 million, as part of a debt-refinancing plan.

Rite Aid said that proceeds from the Tuesday offering would go toward the debt buyback. The company currently has about $6 billion in debt, according to its 2013 annual report.

 

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Canada’s Pari Beauty opens first storefront location

BY Antoinette Alexander

TORONTO — Prestige cosmetics and skin care brand Pari Beauty has opened its first-ever storefront location in an Ontario mall as part of its expansion strategy, the company has announced.

Located in Scarborough Town Centre in Ontario, the store marks the third of three recent openings that include two mall boutique kiosks in Oakville Place and Vaughan Mills showcasing its line of products.

"We are so pleased to have opened our first inline retail store, which is a big step for our company," stated Ramesh Jolly, chairman at Pari Beauty. "Taking the customer experience to a whole new level with a standalone store was an integral part of our growth strategy, and we’re looking forward to continued expansion in the retail market."

Pari Beauty has 27 locations in shopping centers from British Columbia to Alberta and Quebec. Staffed by trained makeup professionals, consumers can learn about the latest products or participate in one-on-one consultations or makeovers with makeup artists and leave with pro tips and tricks.

The company has strong ties in the cosmetics industry with a dedicated discount program for students and professionals involved in the makeup artistry trade. It also recently made its customization program available to the general public, which allows customers to mix and match palettes of eye shadows, blush, foundations and bronzers to create color sets suited for their individual needs.

"Developing high-performance products and services that cater to the ever-changing beauty needs of professionals and consumers has always been our focus," stated Shawn Jolly, director of operations and finance at Pari Beauty. "From our recyclable packaging to customizable palettes and our newest Pari Naturals line, we continue to innovate so we can service those needs."

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