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  • Loblaw to acquire Shoppers Drug Mart in $12 billion deal

    Brampton, Ontario – Loblaw Companies Limited announced it will acquire Shoppers Drug Mart in a deal worth about $11.9 billion, merging the Canadian grocery and drug retailers. Shoppers Drug Mart will retain its name and brand and operate as a separate division of Loblaw while expanding its product offerings to include Loblaw's private label and convenience food products. Shoppers Drug Mart gives Loblaw entry into the small urban store sector.

  • Walmart gives Twinkies fans sweet sneak peek

    Twinkies fans devastated by the news that their Hostess snack cake was to be no more have been waiting for its comeback Monday, July 15. Walmart wants those folks to know that they don't need to wait until Monday to treat themselves.

    “Twinkies Watch” is officially on at the retailer. Starting today, the new Hostess Twinkies will be available at select Walmart stores nationwide. All domestic U.S. stores will be fully stocked by 12:01 a.m. Sunday, July 14, and stores in Hawaii and Alaska in the coming weeks.
     

  • Sona automates warehouse management

    Santa Fe Springs, Calif. -- Sona Enterprises, a direct wholesaler/distributor of more than 3,000 SKUs to gift shops, travel agencies, camping and hiking outfitters, auto dealerships/parts stores/repair shops, jewelry and convenience stores, has improved upon manual warehouse management procedures using the AcellosOne warehouse management system (WMS).

  • Columbia Sportswear taps new SVP, North American sales

    PORTLAND, Ore. — Columbia Sportswear Company has appointed Russ Hopcus as SVP of North American sales, a newly created position that will report directly to president and CEO Tim Boyle, effective July 29.

    In this new role, Hopcus will develop and execute wholesale sales and distribution strategies for the company’s Columbia and Sorel brands in the U.S. and Canada.

  • DORMA acquires Door Controls

    Reamstown, Pa. -- DORMA USA Inc. has significantly expanded its U.S. presence by acquiring Door Controls, one of the largest independent automatic door distributors in the nation.

    The acquisition enables DORMA to provide its customers with enhanced products solutions and services in the Midwest, and reinforces DORMA’s current strong installation and service presence in the Eastern region of the country.

     

  • Sheetz breaks ground on North Carolina DC

    Altoona, Pa. -- Sheetz Convenience Restaurants said it broke ground Thursday on a new distribution and production center in Burlington, N.C.

    The 44-acre site will include a Sheetz Bros. kitchen bakery, distribution and warehousing center for the Sheetz distribution fleet, and also will provide space for various other corporate support departments.

  • Delhaize Group to sell 25 Maxi, Mini Maxi and Tempo stores

    Brussels, Belgium -- Belgian grocer Delhaize Group said that it has reached an agreement to sell 25 Maxi, Mini Maxi, and Tempo stores in Montenegro to Expo Commerce.

    The transaction is slated to close in the fourth quarter, and Delhaize and Expo will enter into a franchise agreement to maintain the Maxi, Mini Maxi and Tempo names.

     

  • RadioShack considering hiring financial adviser

    New York -- A Thursday report by Reuters said that RadioShack is considering bringing in a financial advisor to guide the struggling chain toward managing its looming debts and spiraling sales.

    According to the report, which cited unidentified sources, RadioShack will hear pitches from financial advisers in the coming weeks, looking for the right fit to deal with $216.4 million in convertible notes coming due August 1, as well as falling sales capped off by a 7.6% drop in the first quarter of 2013.

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