Trading Partners

Roseville, Calif. – Revionics, Inc. and Nielsen Holdings, N.V., have signed a multi-year global strategic alliance agreement which will integrate Nielsen Pricing Insights with Revionics Life Cycle Price Optimization solutions. The alliance brings together Nielsen competitive market data with demand-based predictive analytics to help retailers quickly make data-driven pricing changes at enterprise scale to capitalize on competitive marketplace conditions.

Plano, Texas -- Legal wrangling about J.C. Penney Co. selling Martha Stewart-branded home goods is reportedly continuing. According to The Motley Fool, a hearing has been scheduled for Sept. 25 to review allegations in the New York Post that J.C. Penney plans to terminate its contract with Martha Stewart Living.

Pleasanton, Calif. -- Safeway Inc. announced that it has adopted a one-year stockholder rights plan, or a “poison pill,” to discourage an unfriendly takeover.

The company adopted the plan after it became aware that unnamed investors had accumulated “a significant amount” of its stock. The investor turned out to be hedge fund company Jana Partners, which disclosed in a filing that it has accumulated a 6.2% stake in the supermarket retailer.

Bolinbrook, Ill. – Ulta Beauty will open 12 new stores in DDR shopping centers by year-end 2013.

The stores will open in DDR shopping centers in the towns of Salisbury, Md., Charlotte, N.C., Richmond, Va., Cleveland/Akron, Ohio, Toledo, Ohio, Hartford, Conn., Salt Lake City, Denver, St. Louis, and Lansing, Mich. Year-to-date, Ulta and DDR have opened six new stores, and are scheduled to open an additional six stores prior to year-end, bringing Ulta's total store count to 43 locations across DDR's portfolio.

Alpharetta, Ga. -- McAlister's Deli announced plans to develop 17 restaurants in Indiana, South Carolina, and Georgia as part of new multi-unit development agreements with two existing franchise groups.

"We are pleased that our existing franchisees are continuing to expand with McAlister's Deli," said McAlister's Deli president and CEO Frank Paci. "Their commitment to develop demonstrates their confidence in the brand's strength and its ability to provide franchisees with an attractive investment."

New York -- The Ontario Superior Court of Justice has approved Loblaw Cos.’ acquisition of Shoppers Drug Mart.

Completion of the arrangement remains conditional on compliance with the Competition Act and certain other closing conditions customary in transactions of this nature. The transaction is expected to be completed before the end of first quarter 2014.

Saratoga, Calif. — Fuddruckers is expanding its footprint in Southern California through a new franchise development partnership with Keilah LLC.

The partnership will open ten new Fuddruckers over the next several years. The first is slated to debut by early 2015.

Walmart awarded a $500,000 grant to the Northwest Arkansas Council to support the advancement of healthy living and economic improvement initiatives throughout Northwest Arkansas. 

The grant is part of a three-year commitment by Walmart to fund the Greater Northwest Arkansas Development Strategy, a regional growth and development plan spearheaded in 2010 by the Northwest Arkansas Council, local chambers of commerce and other organizations.