News

Mrs. Green’s officially confirms purchase of A&P Superfresh stores

BY Allison Cerra

SCARSDALE, N.Y. — Natural food retailer Mrs. Green’s Natural Market confirmed its acquisition of seven Superfresh grocery locations in Maryland and one Superfresh location in Washington, D.C., from the Great Atlantic and Pacific Tea Co.

"This investment is part of a strategy to grow our concept in underserved regions," said Matt Williams, CEO of Mrs. Green’s parent company, Natural Market Restaurants. "We have been exploring several options in Maryland and Washington, D.C., and this acquisition is a tremendous first step in providing consumers with healthy, natural and affordable food choices."

As previously reported by Drug Store News, A&P auctioned off 25 Southern Superfresh locations as it implements its financial and operational restructuring.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

Which area of the industry do you think Amazon’s entry would shake up the most?
News

DXG helps consumers embrace 3-D photography

BY Allison Cerra

CITY OF INDUSTRY, Calif. — DXG is helping photo enthusiasts snap and share 3-D pictures with its latest innovation.

The company said that its new DXG-018 3-D pocket camera and viewer brings photography to a new level. The dual-lens 3-D camera snaps color pictures, which are saved onto a SanDisk card (sold separately) and then can be printed on standard 4×6 photo paper.

Pictures automatically print as side-by-side images with dotted lines for optimal cutting and sizing to fit into 3-D cardboard viewers, which are sold with the camera bundle. Once the photos are ready, users can slide them into the viewers and check out the 3D magic, the company said.

“We are excited about the DXG-018 3-D camera and viewer because it makes 3-D technology easy, fun and accessible to every type of consumer, with no 3-D TV required,” DXG USA SVP sales and marketing Paul Goldberg said. “We designed the product with kids in mind, making it extremely easy to use and portable. The cardboard viewers are truly a fun and one-of-a-kind way to share 3-D memories.”

The DXG-018 3-D camera bundle includes three cardboard viewers and retails for $69.99.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

Which area of the industry do you think Amazon’s entry would shake up the most?
News

Department of Justice Antitrust Division pursues credit card companies

BY Allison Cerra

WASHINGTON — One week after the Senate failed to pass an amendment that would have delayed swipe-fee reform for an additional 12 months, the Department of Justice Antitrust Division reportedly is addressing anticompetitive practices related to credit cards.

The agency has submitted a final consent decree in its enforcement action against Visa and MasterCard, according to the Food Marketing Institute.

Swipe fees are charged by banks, which adhere to the fees set by card companies, to process debit card transactions. Swipe fees currently are 1% to 2% of each transaction and often are passed along to customers through higher prices of goods and services.

“This is just a first step, but a vital one, to help alleviate some of the card network restraints on FMI members’ ability to provide discounts to their customers," FMI president and CEO Leslie Sarasin said. "This enforcement action is focused on anticompetitive practices related to credit cards, and re-enforces the need for credit card transactions to be subject to the same reforms authored by [Sen. Dick Durbin, D-Ill., who introduced the Credit Card Fair Fee Act in 2009] related to debit cards. Visa and MasterCard have hundreds of pages of non-negotiable, take-it-or-leave-it network rules that have stifled and continue to stifle market competition.”

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

Which area of the industry do you think Amazon’s entry would shake up the most?