Rite Aid reports drop in same-store sales
CAMP HILL, Pa. Rite Aid on Thursday posted a 2.1% decline in same-store sales for the four weeks ended Jan. 23. Total drug store sales for the four-week period decreased 3.3% to $1.9 billion.
Both front-end same-store sales and pharmacy comparable sales were each down 2.1% for the period, while prescriptions filled at comparable stores decreased 1.1%.
Busch’s does it ‘MyWay’
ANN ARBOR, Mich. A Michigan-based grocer has introduced a free online program that saves money, time and effort for its shoppers.
Busch’s Fresh Food Market said the exclusive program, MyWay, alerts members when sale prices are offered on their favorite items. MyWay members also can place online orders for easy curbside pickup.
“We like to think of MyWay as the biggest convenience since the shopping cart,” said Kim Brown, Busch’s director of marketing. “MyWay makes it easy to save money and time on grocery shopping. Current members tell us they save 20 to 40% on their weekly groceries when they use the system to shop for sales.”
Busch’s MyWay members can use their home computer to create personalized shopping lists based on their needs. Shopping lists can also be generated from a MyWay member’s personal shopping history, which grows with every shopping trip. Additionally, lists also can be developed to accommodate such special dietary needs as gluten-free or organic items. Lists can be saved in the MyWay member account for repeated use.
“We’re proud this program allows shoppers to effortlessly enjoy the fine values we offer,” said John Busch, president of Busch’s. “MyWay personalizes sale information according to what our guests like, and allows them to quickly and easily plan meals, shop, and save.”
MyWay is available in all 15 Busch’s stores, located in Lenawee, Livingston, Oakland, Washtenaw and Wayne counties. More information and program registration is available at the Busch’s Web site: www.buschs.com.
Former Borders CEO shifts to A&P
MONTVALE, N.J. Borders’ most recent chief executive will join supermarket chain A&P as its new president and CEO.
Ron Marshall will assume the roles on Feb. 8, A&P announced Wednesday. Marshall has extensive experience leading a public company, holding such positions as EVP and CFO of Pathmark, as well as CEO of wholesale food distributor Nash Finch. Marshall also has served on the board of many organizations, including Nash Finch and Claire’s Stores.
“The board of directors and I are very excited about the strengths, competencies and experiences that Ron brings to A&P. He will be the key leader in our turnaround. I’m looking forward to working together with Ron and the Yucaipa team to improve our immediate performance as well as develop strategies to drive sustainable success in the future. With Ron as our next chief executive officer, I am confident that we will realize the tremendous strategic value of the company and capitalize on our leadership position in the Northeast,” said Christian Haub, A&P’s executive chairman.