Walgreens, Duane Reade to square off on ADA fundraising competition
NEW YORK — Walgreens and Duane Reade stores are facing off on a challenge regarding which banner can raise the most funds over a four-week period in the fall in support of the American Diabetes Association Greater New York City Area, the ADA announced Monday.
Duane Reade will conduct the campaign in October and Walgreens will conduct the campaign in November.
Duane Reade has a long history with the American Diabetes Association in New York, having participated in pin-up campaigns over the last few years with the highest total achieved being more than $200,000. Duane Reade also has been integral in the movement to stop diabetes through involvement in a wide variety of programmatic outreach, including the Feria de Salud health festival in the South Bronx.
Walgreens’ acquisition of Duane Reade in 2010 has further strengthened both organizations’ commitment to health and wellness, the ADA noted. Walgreens also has developed a close relationship with the ADA as a National Strategic Partner supporting pin-up campaigns across the country and taking leadership roles on several community leadership boards throughout the association.
Yankee Candle gears up for summer with new collection
SOUTH DEERFIELD, Mass. — Yankee Candle is rolling out new scented candles for summer 2012.
The five new scents, Loves Me, Loves Me Not, pink dragon fruit, wild passion fruit, Fruit Fusion and Oceanside, are inspired by one of three distinct experiences: the joy of youth, the tenderness of romance or the simplicity of the outdoors.
"Summer is a season all about having fun," Yankee Candle SVP brand, design and innovation Hope Margala Klein said. "Our new scents provide a delightful way to bring the best the season has to offer into your home."
The candles carry a suggested retail price range of $10.99 to $27.99.
Ingles Markets declares quarterly cash dividend
ASHEVILLE, N.C. — Ingles Markets announced that its board of directors has declared a quarterly cash dividend for both its Class A and Class B common stock.
The board declared a cash dividend of 16.5 cents per share on all of its Class A common stock and 15 cents per share on all of its Class B common stock. This is an annual rate of 66 cents and 60 cents per share, respectively, the company said.
The dividends are payable April 19 to all shareholders of record on April 5.