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Walgreens renovates Union Square, Manhattan location into latest flagship store

BY Michael Johnsen

NEW YORK — Walgreens on Tuesday announced the official grand re-opening of its newest 24/7 flagship store, located in Union Square, Manhattan. The store, which will open at 10:30 a.m. on Jan. 23, originally opened in 2001 and has now been renovated to feature Walgreens’ new Well Experience format.

"Walgreens is thrilled to provide customers our newest New York flagship location — unlike any traditional drug store — in Manhattan’s historic Union Square," Skip Bourdo, Walgreens market VP, said. "This location has been transformed to become customers’ first choice for health and daily living, and we look forward to continuing to help the residents and visitors of the Union Square neighborhood get, stay and live well."

Bourdo will kick off an official ribbon cutting ceremony on Jan. 23 at 10 a.m. Other Walgreens executives in attendance will include: Leslie Higgins, market pharmacy director; Ladonna Candia-Flanagan, market loss prevention director; and Janice Francis, human resource and talent manager.

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Ahold shareholders approve reverse stock split

BY Michael Johnsen

ZAANDAM, the Netherlands — Ahold’s shareholders on Tuesday approved the company’s proposal to return €1 billion (US$1.4 billion) to shareholders by way of a capital repayment and reverse stock split.

 Shareholders voted at an extraordinary general meeting held at Ahold’s headquarters. The meeting was attended by 65 shareholders, representing approximately 657 million votes.

 

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Brookshire Brothers to acquire 25-store chain David’s Supermarkets

BY Michael Johnsen

LUFKIN, Texas — According to published reports, Brookshire Brothers on Friday entered into an agreement to acquire the assets of David’s Supermarkets, a 25-store chain located in North Central Texas.

"We feel like these family-owned stores align with our core value that we are a celebration of family and community," stated Jerry Johnson, president and CEO of Brookshire Brothers.  

Brookshire Brothers operates 123 outlets including grocery stores, convenience stores, free standing pharmacy, tobacco and petro locations.

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