Strategy

For months, the debate over healthcare has almost exclusively focused on the individual-mandate, as we waited on the Supreme Court to determine the fate of the law. As a result many complex and crucial pieces of the Affordable Care Act (ACA), such as the employer-mandate, have received comparatively little attention. Given the enormous implications of changes to employer-sponsored coverage and the 170 million Americans who currently rely on it for coverage, it is time that more attention is paid to the issue.

Boise, Idaho -- Albertsons LLC said it has teamed with Recall InfoLink to manage its recall process.

The supermarket chain is launching the Recall InfoLink deployment in its pharmacy operation. Recall InfoLink improves efficiency by providing standardized messages, automated communications, inventory tracking and reports for compliance efforts. 

JACKSONVILLE, Fla. — Winn-Dixie on Wednesday launched a prescription-savings card that offers deep discounts on more than 400 generic medications and varied discounts on name-brand and other generic medications, the grocer announced.

“Not everyone has insurance or health benefits that adequately cover prescriptions,” stated John Fegan, VP pharmacy for Winn-Dixie. “This program makes it easier for our customers to get the prescriptions they need at a great deal so they can focus on their health ... not on how much it costs.”

ENGLEWOOD, Colo. — Dollar General will now offer Westerm Union branded  general-purpose reloadable (GPR) prepaid cards at Dollar General’s more than 10,000 stores in 40 states.

Pleasanton, Calif. -- Safeway Inc. reported Thursday that profit for the second quarter dropped to $121.7 million from $146 million in the same period last year.

Sales inched up 1.9% to $10.4 billion, and same-store sales rose 0.8%.

For the year, Safeway said it expects to invest $900 million in capital expenditures to open approximately 10 new Lifestyle stores, complete 10 Lifestyle remodels, refurbish in-store pharmacies and develop properties through its Property Development Centers subsidiary.
 

Armonk, N.Y. – In-store sales of women’s clothing are expected to see a 9.2% increase in the third quarter of 2012 versus the year-ago period, according to a just-released IBM analytics-based forecast of U.S. retail sales data. The report predicts a 6.2% increase in sales of children’s clothing and a 5.2% increase in footwear. Men’s clothing, however, is forecast to lag, dropping 6.7%.

The July 13 settlement of a lawsuit over allegedly fixed credit card interchange fees is a credit positive for the two largest industry players Visa and Mastercard, but will have a smaller impact on merchant acquirers, retailers and banks, said  Moody’s Investors Service in a new special comment "Credit Card Interchange Fee Settlement is Credit Positive For Visa, MasterCard."

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