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Harris Teeter donates more than 57,000 lbs. of fresh peaches to local food bank

BY Michael Johnsen

CHARLOTTE, N.C. — Harris Teeter and its vendor Titan Farms on Friday donated approximately 28,725 lbs. of peaches to Second Harvest Food Bank of Northwest North Carolina to help feed the hungry in the local community. The donation is part of the retailer’s participation in the “Peaches with A Purpose” program sponsored by peach grower Titan Farms. 

The program spanned four weeks in July and August and encompassed 150 Harris Teeter stores in North and South Carolina. The total donation is in excess of 57,000 lbs. of peaches; Second Harvest Food Bank of Northwest N.C. in Winston-Salem and Second Harvest Food Bank of Metrolina in Charlotte will each benefit from the program.

“Second Harvest Food Bank of Northwest N.C. is dedicated to increasing access to healthy food to improve the food security and health of people in need across its 18-county service area,” said Clyde Fitzgerald, executive director for Second Harvest. “Our year-round partnership with Harris Teeter is critical to this mission, as are generous donations from suppliers like Titan Farms. The fresh peaches donated today will benefit the growing numbers of individuals and families in need turning to our network of partner food assistance programs for help.”

“We are excited to be the first retailer to participate in Peaches with a Purpose,” commented Catherine Becker, communication manager for Harris Teeter. “Fresh produce is scarce in food banks across the country, and we are happy to be able to contribute nutritious items to those in need.”


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Safeway declares quarterly cash dividend of $0.20 per share

BY Michael Johnsen

PLEASANTON, Calif. — Safeway on Friday declared a regular quarterly cash dividend of $0.20 per share. 

The dividend matches what Safeway had issued in the previous quarter. Shares were down 19 cents for the day, closing at $26.69.  

"The grocer has been a reliable dividend payer over the years, although it’s currently burdened by a high level of debt and a relatively low reserve of cash," reported The Motley Fool. "The just-declared dividend annualizes to $0.80 per share. That yields just under 3% at Safeway’s most recent closing stock price." 

The cash dividend will be payable Oct. 10 to stockholders of record at the close of business on Sept. 19.


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RxAlly closes

BY Alaric DeArment

NEW YORK — An organization founded to help patients improve their health through personalized care from pharmacists and reduce health costs is closing.

In a statement on its website, RxAlly said its board had voted to close the company, effective Friday after 18 months in operation. Calls to the organization were not answered.

"While we are disappointed in this outcome, we appreciate the progress we made in developing a shared interest in advancing pharmacist care, and thank you for your support and belief in our company and our mission," the statement read.

The company was founded in February 2012 as an alliance of more than 20,000 pharmacies around the country, with former EVP and CEO Bruce Roberts of the National Community Pharmacists Association at the helm.

 

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