A&P to sell 19 Sav-A-Centers to Rouse’s
MONTVALE, N.J. Grocer A&P has agreed to sell 19 New Orleans-area Sav-A-Center stores to Rouse’s Supermarket. In addition, two other Sav-A-Center units are being sold to other buyers, including an independent food retailer.
According to the company, nearly all current Sav-A-Center associates will be offered jobs by the new owners. The transfer of ownership of all stores is expected to be completed over a six-week period.
A&P stated that the move will complete is exit from non-core markets, enabling it to concentrate on the Northeast. Earlier this year, A&P announced an agreement to acquire Pathmark Stores, also based in the Northeast. The deal is currently under FTC review and is expected to close during the second half of A&P’s fiscal year 2007.
Walgreens Offers Free Ink Cartridge Refills
DEERFIELD, Ill. Walgreens promoted its inkjet cartridge refills this week by giving away one free refill to customers on Sept. 12. The chain staged the promotion at 3,000 stores where the service is available and allowed customers to bring in one empty black or color cartridge to the photo counter for a free refill.
“Customers appreciate having a more convenient and affordable way to get back to their printing tasks without sacrificing quality,” said John Sugrue, Walgreens general merchandise manager for photofinishing. “For small business owners, students or anyone who prints a lot of documents or Web pages, the savings can add up fast.” Walgreens typically charges $10 for a black cartridge refill and $15 for a color refill.
GMDC Gives Lifetime Achievement Award to Murray
PALM DESERT, Calif. The Global Market Development Center awarded its 2007 Lifetime Achievement Award to former Proctor & Gamble executive Wally Murray at its HBW Conference in Palm Desert, Calif. on Sept. 10.
Murray served in a variety of roles at Proctor & Gamble during his 34-year career in sales and sales management at both the national and global levels. He retired in 2002. The GMDC is the leading global trade association serving general merchandise and health, beauty and wellness retailers.