Reuters: Bi-Lo Holdings preparing to go public
JACKSONVILLE, Fla. — Bi-Lo Holdings is preparing to go public, according to a Reuters report published Tuesday afternoon.
Bi-Lo Holding is the parent company of Bi-Lo and Winn-Dixie grocery stores and has hired Citigroup, Credit Suisse and Deutsche Bank in relation to going public, Reuters reported, citing unnamed sources.
Bi-Lo has been steadily expanding its footprint, most recently with the acquisition of three banners — Sweetbay, Harveys and Reid’s — from Delhaize in a deal worth $265 million earlier this year. That deal included 72 Sweetbay stores, leases for 10 prior Sweetbay locations, 72 Harveys stores and 11 Reid’s stores, for a total of 165 stores and 10,000 employees throughout the Southeast.
Nearly 500 Winn-Dixie locations were acquired by Bi-Lo in 2011.
Cardinal Health raises $1 million for Wounded Warrior Project since 2010
SEATTLE — Cardinal Health has invited customers to donate to Wounded Warrior Project for a few years now, but this year, its partnership with the organization reached a new milestone.
At the Cardinal Health 2013 Retail Business Conference, which took place Aug. 7 to Aug. 10 at the Washington State Convention Center in Seattle, the company announced that since 2010 — with the help of employees, customers and suppliers — it had raised more than $1 million for WWP, including more than $160,000 this year alone.
Founded in Roanoke, Va., in 2003, Wounded Warrior Project sponsors 18 programs for wounded veterans, including programs focused on health and wellness, education and economic empowerment.
"Thank you, again, to everyone who made a donation or bid on an auction item," Cardinal Health SVP of independent sales Steve Lawrence told attendees during a special Aug. 9 presentation at Cardinal Health RBC. "You are making a difference in the lives of our servicemen and women." The Cardinal Health Foundation matches customer, vendor and employee donations to WWP, so the $1 million total includes contributions from the Cardinal Health Foundation as well as these other sources.
During the presentation, Sergeant First Class Norbie Lara, a major spokesman for WWP, shared his experience in military service and the importance of WWP to veterans like himself. Lara joined the Army in 1995 and served multiple deployments in Kuwait, Bosnia and finally Iraq, where while on combat patrol in 2004, a rocket-propelled grenade struck his vehicle and shrapnel from the explosion severed his arm and ripped through his body, lacerating his liver and causing severe lung damage.
A highly decorated soldier, with awards that include a Purple Heart and a Bronze Star, since retiring in 2006, Lara continues to help disabled veterans like himself transition to their new lives after injury by introducing them to the Wounded Warrior Project.
During the WWP presentation, Cardinal Health also celebrated the innovative programs its customers were developing and hosting to help drive WWP donations. For instance, one group from Dale’s Southlake Pharmacy, in Decatur, Ill., sponsored its second annual Warrior Walk, raising more than $15,000 for WWP, which it presented to Lara at Cardinal Health RBC this year.
"The Wounded Warrior Project brings new hope and quality of life to injured veterans returning home from active duty," Lawrence said. "Cardinal Health is honored to partner with the Wounded Warrior Project again this year to help fund and support its efforts."
To keep up with all the news from Cardinal Health RBC 2013, visit DrugStoreNews.com/Cardinal-Health-Retail-Business-Conference-2013.
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NACDS TSE exhibitors donate products to Las Vegas nonprofits
ARLINGTON, Va. — Following the completion of the inaugural NACDS Total Store Expo at the Sands Expo and Convention Center, exhibitors donated 6,000 lbs. of consumer goods to be dispersed to various charitable organizations throughout the Las Vegas area, NACDS has announced.
NACDS worked with Sands Expo to donate leftover products to local nonprofit organizations to be dispersed to those in need. Local nonprofits will benefit from donations, ranging from cosmetics, health and hygiene products, food and beverages, household supplies to other consumer products available in chain pharmacies.
“During these challenging economic times, we are deeply grateful to the exhibitors at the NACDS Total Store Expo for their product contributions to help those in need in the Las Vegas community,” stated NACDS president and CEO Steve Anderson. “We appreciate partnering with Sands Expo to distribute these goods to local nonprofit organizations.”
The nonprofit organizations that will receive goods from the product donation include:
The Teacher Exchange: Created by The Public Education Foundation, The Teacher Exchange provides free resources to public classrooms, while helping the environment. Thousands of Clark County teachers benefit from receiving a variety of reusable, recycled and gently used materials, supplies and equipment. Since its inception, the organization has collected and recycled more than 1 million pounds of electronic hardware, paper and other classroom materials that would have otherwise been disposed of in local landfills.
The Shade Tree: The largest shelter of its kind in the state, The Shade Tree is the only 24-hour accessible shelter designed specifically to meet the needs of women and children in Southern Nevada. The more than 300 permanent beds provide more than 100,000 nights of shelter each year. The 38,000-sq.-ft. facility includes residential areas (i.e., sleeping rooms, libraries, training rooms, rest rooms and children’s play rooms), a main floor (i.e., kitchen, laundry, restrooms and showers, and services for victims of violence), and a basement for storing donations and shelter supplies. All of The Shade Tree’s services are provided free of charge, regardless of the length of stay.
Three Square: Three Square is the only food bank serving Southern Nevada. Its mission is to provide wholesome food to hungry people, while pursuing a hunger-free community. Working with more than 600 program partners, Three Square combines food banking (i.e.,warehousing canned and boxed goods), food rescue (i.e., obtaining surplus or unused meats, bread, dairy and produce from hospitality and grocery outlets), and ready-to-eat meals, to be the most complete food solution for Southern Nevada. In 2012, more than 24.5 million lbs. of food, the equivalent of 18.8 million meals, were distributed.
Volunteers in Medicine of Southern Nevada: VMSN provides health care to uninsured and unemployed residents of Southern Nevada, including the chronically ill and those seeking preventive care. Current services include adult and pediatric primary care, women’s care, newborn checkups and immunizations, basic diagnostic tests and medications. Future plans include the addition of dental, mental and vision services, as well as the opening of a second facility. In addition to a growing list of referral physicians, VMSN and has affiliation agreements with major teaching institutions and works with national pharmaceutical companies to provide medications for patients.
Another donation took place following the 2013 NACDS Total Store Expo. American BioTech Supply donated vaccination refrigerators and freezers to the Southern Nevada Health District, which provides vaccinations to 100,000 children in the region each year.