Finance & Capital Management

Whole Foods and fighting poverty are not words normally associated with one another, but a unique initiative underway with a breakfast supplier has the potential to do exactly that.

NORTH BERGEN, N.J. — The Vitamin Shoppe will buy a Pacific Northwest-based supplement chain, the New Jersey-based company said.

The Vitamin Shoppe said it would buy Super Supplements for $50 million. Super Supplements operates 31 stores in Washington, Oregon and Idaho, and the Vitamin Shoppe said the acquisition would expand its presence in the Northwest, where it already operates 17 stores. The transaction is expected to close on Dec. 31.

Greek yogurt is all the rage in the dairy aisle and General Mill’s Yoplait brand of the popular product and other new items made meaningful contribution to the company’s second quarter sales.

Suffern, N.Y. -- Ascena Retail Group, which operates the Maurices and dressbarn banners, said Tuesday it will launch a 760,000-sq.-ft. distribution center expansion in central Ohio.

Upon completion, the new facility will distribute apparel and accessories for its lineup of brands, which also includes Justice & Brothers, Lane Bryant and Catherines.

CONSHOHOCKEN, Pa. — Ikea has received the green light from Merriam’s city council to go ahead with its Kansas City-area store.

Pending the land purchase, permits and demolition of on-site buildings, construction of Ikea Merriam can begin summer 2013, with the store opening fall 2014.

Walmart’s ongoing investigation into bribery allegations was thrust into the spotlight again on Monday after the New York Times ran a lengthy piece detailing how an elaborate series of payments accelerated construction of a controversial store in Mexico City.

New York -- Wal-Mart Stores’ ongoing investigation into bribery allegations was thrust into the spotlight again on Monday after the New York Times ran a lengthy piece detailing how an elaborate series of payments accelerated construction of a controversial store in Mexico City.

WATERBURY, Vt. — Green Mountain Coffee Roasters has implemented several changes to its board of directors.

GMCR has elected Norman H. Wesley as its new chairman of the board and appointed former Kellogg Company head A. D. “David” Mackay as an independent director. Michael J. Mardy, who had previously served as interim chairman, will continue in his role as audit committee chair.