Rite Aid completes acquisition of final Pharm location
SANDUSKY, Ohio Soon after Rite Aid’s ascendancy to Stores magazine’s list of the top 100 retailers due to its acquisition of the Brooks Pharmacy and Eckerd chains, it has completed its takeover of over another chain.
According to the Sandusky, Ohio, Register, Rite Aid recently bought the pharmacy scripts and other assets of the local Pharm store, completing its purchase of the chain.
Rite Aid already bought the assets of the other 12 Pharm stores in the Toledo, Ohio, area, announcing that it would reopen seven as Rite Aid stores and close the remaining five. The Sandusky store will be closed Aug. 30.
Memorex debuts new iPod alarm clocks
WESTON, Fla. Memorex has released a line of alarm clocks that double as iPod docks and speakers in time for back-to-school shoppers.
The Memorex Mi4019 and iWakeUp feature FM tuners, white backlit LCD displays and snooze alarms along with iPod docking stations that recharge and play songs from any iPod. Both clocks also offer three alarm options to wake up to.
“They let you choose how you want to wake up—be it to the buzzer, radio or a favorite song from your iPod,” said Carla Pihowich, brand director for Memorex Americas. “They also function as a charger for iPods with the sleek design, form and function to complement the furnishings of any bedroom or dorm room.” The Mi4019 retails for $39.99 SRP and the iWakeUp for $69.99.
More than 2,000 Minyard employees may see layoffs
COPPELL, Texas Minyard Food Stores has sent a letter to the Texas Workforce Commission informing them of a layoff that will affect approximately 2,387 employees after the grocery retailer sells 37 stores, including its Carnival Super Market brand and other Minyard-owned stores to Grocers Supply, according to local reports.
The announcement, however, does not take into account the number of employees who most likely will be rehired by the new store owners after the sale is complete, a spokesman for Grocers Supply said.
Fiesta Mart, which will be taking over 11 of Minyard’s Carnival locations, is currently reaching out to affected employees and asking them to submit their applications for employment.
Minyard’s says the job cuts will officially start on Sept. 29 and end by Nov. 17. The Grocers Supply said by then, it hopes to have other retailers identified who will be taking over the operations of the remaining 26 stores.