Report: Fresh & Easy to open smaller-format stores
EL SEGUNDO, Calif. — Rumors are swirling that Tesco’s U.S. division, Fresh & Easy, has signed on to open smaller-format stores.
The grocery store chain, which operates stores in California, Arizona and Nevada, plans to test a new concept, called Fresh & Easy Express, in San Pedro, Calif., according to blog Fresh & Easy Buzz. The report also said that the new format will be in the 4,000-sq.-ft. range, compared with its typical 10,000-sq.-ft. footprint.
For more, go to Freshneasybuzz.blogspot.com.
J&J rings in 125th year with NYSE
NEW BRUNSWICK, N.J. — Johnson & Johnson chairman and CEO Bill Weldon on Wednesday morning rang the NYSE opening bell remotely from Johnson & Johnson world headquarters here as part of the company’s employee celebration of its 125th anniversary.
To see a brief video of the event, click here.
FDA reorganizes Office of Generic Drugs
SILVER SPRING, Md. — The Food and Drug Administration has reorganized the Office of Generic Drugs in an effort to improve efficiency, according to an internal memo.
The new organizational scheme will add a new division to the bioequivalence program called Division of Bioequivalence II and a new chemistry division, Division of Chemistry IV.
The microbiology and clinical review staffs also have been converted into the Division of Microbiology and the Division of Clinical Review. The Division of Labeling and Program Support remains the same. Meanwhile, the reorganization has formalized the position of deputy director for science and chemistry, currently held by Lawrence Yu.
"The reorganization is a major step in [the Center for Drug Evaluation and Research’s] efforts to advance the public health as the use of generic drugs continues to increase," read the memo, written by Office of Pharmaceutical Science director Helen Winkle.