Rite Aid partners with RetailOne to remodel Brooks/Eckerd locations
ATLANTA Rite Aid has tapped RetailOne as one of the preferred providers of remodel services for the Rite Aid conversion of the Brooks/Eckerd stores it has acquired, RetailOne announced Monday.
RetailOne has responsibility for a significant number of stores located throughout the Mid-Atlantic region. The remodel scope of work includes painting in all major departments of the store, ceiling repair and lighting changes, floor repair and installation of new VCT [vinyl composition tile], installing new counters and laminate repairs, installing new fixtures on the sales floor and installing a new graphics decor package.
“We couldn’t be more pleased to have begun a partnership with this important retailer,” stated Jerry Seabourne, chief executive officer of RetailOne.
“Rite Aid has made a value-based decision to partner with RetailOne on its conversion program,” stated Bryan Thompson, senior vice president of operations for RetailOne. “The pre-planning work that has been performed by Rite Aid and all contractors involved in the program is the most comprehensive that I have seen in my 20-plus years in the industry.”
RetailOne, based in Atlanta, is a supply chain integration company providing a suite of business solutions to retailers that integrate design, manufacturing, procurement, logistics and installation services creating value for new store openings, remodel and rollout programs.
Court rules in favor of Whole Foods/Wild Oats proposed merger; FTC’s injunction denied
AUSTIN, Texas Whole Foods Market and Wild Oats Markets Thursday announced that the U.S. District Court for the District of Columbia has denied the Federal Trade Commission’s request for a preliminary injunction related to the proposed merger between the companies.
“The District Court’s ruling affirms our belief that a merger between Whole Foods and Wild Oats is a winning scenario for all stakeholders,” said John Mackey, chairman, chief executive officer and co-founder of Whole Foods Market. “We believe the synergies gained from this combination will create long term value for customers, vendors, and shareholders as well as exciting opportunities for team members.”
The FTC may choose to appeal the District Court’s ruling and may seek a stay from either the District Court or the U.S. Court of Appeals for the District of Columbia Circuit. Whole Foods Market and Wild Oats Markets have agreed with the FTC to not close the merger prior to noon, Eastern time, on Monday, August 20, 2007. Absent a stay pending an FTC appeal, the companies may close the transaction at any point after that time.
“We are very pleased with the court’s ruling and always had confidence that, once presented with the facts, the judge would rule in favor of this merger,” said Gregory Mays, chairman and chief executive officer of Wild Oats Markets. “We continue to believe this merger is in the best interest of our stakeholders, as it will mean significant career opportunities for our store associates, capital investment in our stores to enhance the shopping experience for our customers, and value-creation for our shareholders. We look forward to closing the transaction.”
On June 7, 2007, the FTC filed a suit in the federal district court to block the proposed acquisition on antitrust grounds and seeking a temporary restraining order and preliminary injunction pending a trial on the merits. Whole Foods Market and Wild Oats consented to a temporary restraining order pending a hearing on the preliminary injunction, which concluded on August 1, 2007.
Duane Reade’s DR Walk-In signs affiliation agreement with Consumer Health Services
NEW YORK Duane Reade announced on Thursday that its walk-in medical centers, dubbed DR Walk-In Medical Care, have signed a deal with a major hospital and health care provider in the New York City area to help provide patients with integrated health care.
Duane Reade and clinic operator Consumer Health Services have signed a formal affiliation agreement with Continuum Health Partners to provide patients with integrated medical care with Continuum-affiliated New York hospitals.
Under the agreement, DR Walk-In Medical Care’s current four locations will be affiliated with Continuum’s St. Luke’s-Roosevelt Hospital Center. DR Walk-In Medical Care’s signage and promotional materials will be updated to reflect the new alliance. Physicians at affiliated locations will have admitting privileges at the St. Luke’s-Roosevelt Hospital Center. Additional walk-in sites in Manhattan and Brooklyn are planned and will be affiliated with Beth Israel Medical Center and Long Island College Hospital, also institutions in the Continuum network.
“The partnership with Continuum is an important milestone for CHS, DR Walk-In Medical Care sites and their rapidly growing base of patients,” stated James D’Orta, chairman of Consumer Health Services. “This affiliation will ensure that patients visiting the sites will be assured of immediate quality health care along with follow-up care with an established high quality health system for all of their medical needs.”
In May 2007, Duane Reade teamed up with CHS and Endres Bowers Medical Group to launch DR Walk-In Medical Care.