Supervalu to buy eight Wyoming Albertsons stores
EDEN PRAIRIE, Minn. Supervalu has entered an agreement to buy the eight Albertsons stores that Albertsons LLC operates in Wyoming. Terms of the deal were not disclosed.
Supervalu stated that it plans to continue to operate the stores under the Albertsons banner, and all stores include an Osco in-store pharmacy.
Supervalu currently operates two Albertsons stores in Wyoming. After the acquisition, the acquired stores will become part of Supervalu’s Intermountain West division. The Intermountain West division operates 243 stores in Idaho, Oregon, Montana, Utah, Washington, Wyoming and North Dakota.
The deal, which is subject to customary government approval, is expected to be complete in late January 2008.
Supervalu has estimated annual sales of about $44 billion and operates about 2,450 retail locations, including more than 920 in-store pharmacies. Through its nationwide supply chain network, the company provides distribution and related logistics support services to more than 5,000 grocery endpoints across the country.
GNP teams up with Diversified Racing Solutions for 2008 NASCAR series
VALLEY FORGE, Pa. America’s hometown pharmacy is making a play for fans of America’s most popular family sport, AmerisourceBergen announced Monday.
Good Neighbor Pharmacy has joined with Diversified Racing Solutions to enter the NASCAR Nationwide Series in 2008 with the goal of competing in the newly renamed NASCAR Sprint Cup Series in 2010. In the five-year agreement, GNP will lend its community pharmacy brand as the flagship sponsor; the venture will be primarily funded by associate sponsor relationships; and DRS will be responsible for the racing team.
In addition, GNP will fund country-wide community outreach activities that compliment the racing schedule.
“The branding of the Good Neighbor Pharmacy car demonstrates AmerisourceBergen’s commitment to independent pharmacy and NASCAR,” stated Dave Neu, senior vice president of retail sales and marketing for AmerisourceBergen, GNP’s parent company. “We are excited about the potential visibility that NASCAR will bring to the over 2,700 Good Neighbor Pharmacies across the country.”
Randy Fenley, president and owner of DRS, said, “The team at Diversified Racing Solutions is confident that our flagship sponsor, Good Neighbor Pharmacy, shares our commitment and passion for the NASCAR competition. We are thrilled at the opportunity to work with such a highly regarded brand and to share Chris Bristol driving for the Good Neighbor Pharmacy Chevrolet for many seasons to come.”
Pentel launches Recycology
TORRANCE, Calif. Pentel of America has upped its commitment to eco-friendly products with the launch of its Recycology Program. Products under the new banner are made from material with at least 50% recycled content and will include pens, markers, pencils and tape.
“Pentel is committed to creating a healthier environment for future generations while creating products of superior design and quality,” said Peter Katz, director of marketing for Pentel. “In addition to using recycled materials, many of the products in the Recycology line are refillable to further lessen environmental waste.”
New products in the line include refillable EnerGel Deluxe Liquid Gel Pens, Tape ‘N Glue Double-Sided Tape and retractable and refillable Handy-Line S markers.