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Kmart brings back Bluelight Specials just in time for school

BY Anna Mcgrath

HOFFMAN ESTATES, Ill. Kmart’s “Mr. Bluelight,” the company’s renowned bargain hunter, is helping customers stay back-to-school-cool without breaking the bank, with the return of its exciting Bluelight Specials.

“We brought back Bluelight Specials last weekend and based on the overwhelming response and customer feedback, we’re introducing even more, new specials this Sat., July 25,” said Mark Snyder, chief marketing officer, Kmart. “It’s a priority at Kmart to continue to give its customers the opportunity to take advantage of our combination of quality, price and value on the summer’s hottest items and even plan for back-to-school.”

Kmart’s Bluelight Specials are taking over everything from patio furniture to schools supplies, with savings up to 75%.

For more information on the Bluelight special event, customers can follow Kmart on Twitter and Facebook.

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Stater Bros. Markets appoints Dave Harris as VP finance

BY Anna Mcgrath

SAN BERNARDINO, Calif. Stater Bros. Markets announced that it has appointed a new VP finance.

The announcement was made by Jack H. Brown, chairman of the board and CEO of Stater Bros. Markets.

“We are extremely fortunate to have Harris join the Stater Bros. ‘Family’ of Employees,” stated Brown. “His background in accounting will be valuable to the future growth of the company during these rough economic times.  I have known Harris for over fifteen years.  He knows our company, our people, and our customers and will help strengthen our great financial department for today and for the future.”

Harris is set to work under the company’s EVP finance, CFO and CAO Phil Smith. As VP, Harris is responsible for directing daily operations of the company’s financial department.

Prior to joining Stater Bros., Harris worked for over 25 years in accounting, auditing an business advisory experience.

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Report: Rite Aid receives $290 million loan from GE Capital

BY Drug Store News Report

NORWALK, Conn. Drug store operator Rite Aid Corp. received a commitment for a $290 million loan from GE Capital, the lender said Wednesday.

The General Electric Co. finance unit said it will contribute the money to Rite Aid’s $1 billion revolving line of credit. Rite Aid operates 4,900 retail pharmacies in 31 states and the District of Columbia.

In June, Rite Aid completed a refinancing of most of its debt that was due in September 2010, and took out a new $1 billion credit facility that expires in 2012.

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Anna90 says:
Mar-26-2012 09:12 am

Reid Aid is one of the USA leading drugstore chains, it's a huge corporation that includes about 4,700 stores all over the country.This comapany works with healthcare and medicines.Such a big corporation received $290 million loan,because of it's big needs.Lending service becomes more and more popular,so very often we can hear that big companies ask for loans.If you need to take out a personal loan, you can learn more about check loans online and use this service.

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