Walmart makes big push in Canada
MISSISSAUGA, Ontario — Walmart Canada is stepping up its presence in the country this month with the opening of the most stores in the company’s history.
By the end of October, the company will complete 30 real estate projects. They include two supercenter conversions and 28 new stores, which were formerly Zellers stores. Of the 28 Zellers locations, 10 will be supercentres and 18 will be discount stores. The 30 stores employ more than 3,000 associates and represent an addition of nearly 2.4 million square feet of retail space.
"This is an exciting month for Walmart Canada," said Jim Thompson, COO at Walmart Canada. "We are Canada’s fastest growing retailer and our 30 openings in October demonstrate our commitment to bringing everyday low prices to Canadians from coast-to-coast."
The 30 projects are part of 73 real estate projects planned for the company’s current fiscal year, which will add 4.6 million sq. ft. of retail space to its operations by Jan. 31, 2013.
As of Oct. 31, the company will have completed 50 of the 73 real estate projects planned for the year bringing the company’s store count to 367 stores: 193 supercenters and 174 discount stores.
Walgreens to be part of preferred pharmacy networks across four Medicare Part D plans
DEERFIELD, Ill. — With the Medicare Annual Election Period set to begin Oct. 15, Walgreens on Wednesday announced it will be a part of preferred pharmacy networks of four national Medicare Part D plan sponsors: Coventry, Humana, SmartD Rx and UnitedHealthcare.
"Having Walgreens as a preferred network provider offers a number of benefits for plan members, including greater access to pharmacy services and cost savings on prescription drugs," Walgreens group VP pharmacy operations Suzanne Hansen said. "There are changes to Medicare each year and important information beneficiaries need to know, whether they’re selecting a plan for the first time or evaluating if their current plan is still the best option."
In addition to participating in the preferred networks, Walgreens also will be in the network of hundreds of other Medicare prescription drug plans for 2013.
Red Bull Editions to enter market in 2013
LAS VEGAS — Red Bull will introduce a new line of energy drinks this coming March.
The Red Bull Editions, which provide the same functional benefits of the original, come in cranberry, lime and blueberry flavors and are packaged in red, silver and blue cans, respectively. The new beverages were showcased at the National Association of Convenience Stores conference this month in Las Vegas.
Red Bull Editions will be available nationwide in single 8.4.-oz. single cans and 8.4-oz. four-packs.