News

Weis Markets completes Giant Markets purchase

BY Allison Cerra

SUNBURY, Pa. Weis Markets has completed its purchase of a regional supermarket chain.

Weis Markets’ purchase of 11 Giant Markets stores located in Broome County, N.Y. including units in Binghamton, Vestal, Endicott, Endwell and Johnson City, the retail chain said Monday.

“We have completed our acquisition on schedule and are acquiring a group of stores with a strong market presence in the Southern Tier. For more than 70 years, Giant Markets has excelled at being a locally focused retailer,” said Weis Markets’ vice chairman Jonathan Weis. “We will build on these strengths and are extremely pleased to welcome nearly a thousand former Giant Markets associates to our company. They have helped their stores achieve an excellent reputation for taking care of their customers and we are pleased to be working with them.”

All eleven stores, which closed on Sunday evening for conversion, will reopen on Tuesday at 7 a.m. Weis Markets will hold a grand opening celebration on Aug. 30 when five of these stores will transition to a 24-hour schedule.

Based in Sunbury, Pa., Weis Markets now operates 165 stores in Pennsylvania, Maryland, New Jersey, New York and West Virginia. In 2008, it generated $2.4 billion in sales.

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

FDA investigates liver injury claims from weight-loss medication users

BY DSN STAFF

ROCKVILLE, Md. The Food and Drug Administration on Monday announced that it is reviewing adverse event reports of liver injury in patients taking the weight-loss drug orlistat, marketed as the prescription drug Xenical (Roche) and the over-the-counter medication Alli (GlaxoSmithKline).

Between 1999 and 2008, the FDA has received 32 reports of serious liver injury in patients taking orlistat. Of those cases, 27 reported hospitalization and six resulted in liver failure. Thirty of the adverse events occurred outside the United States. The most commonly reported adverse events included yellowing of the skin or whites of the eyes (jaundice), weakness, and stomach pain.

The FDA is reviewing additional data submitted by orlistat manufacturers on suspected cases of liver injury, and the issue has been discussed at the FDA’s Center for Drug Evaluation and Research Drug Safety Oversight Board.

“The issues here are complex, but FDA has benefited from the input of the board, including comments from representatives from three FDA Centers and several other Agencies in the Department of Health and Human Services,” stated Steven Osborne, executive director of the board.

The FDA’s analysis of these data is ongoing, and no definite association between liver injury and orlistat has been established at this time. Consumers taking Xenical should continue to take it as prescribed, and those using over-the-counter Alli should continue to use the product as directed.

The FDA urges both health care professionals and consumers to report suspected side effects from the use of orlistat to FDA’s MedWatch Adverse Event Reporting program.

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

Discount Drug Mart launches fleet of Kodak photo printing solutions throughout Ohio

BY Allison Cerra

MEDINA, Ohio Eastman Kodak Co. has signed an exclusive, multi-year contract with an Ohio-owned and operated regional drug chain.

Discount Drug Mart will deploy Kodak Picture Kiosk G4 Digital Stations and Kodak Adaptive Picture Exchange thermal dry lab systems into all 70 Discount Drug Mart stores throughout Ohio.

As part of the new contract, Discount Drug Mart will be upgrading its fleet of older Kodak consumer order stations to Kodak G4 Stations, which will allow Discount Drug Mart customers to take advantage of a wide range of premium photo creation products, including Kodak Picture Movie DVDs, Kodak Picture CDs, enlargements, collage prints, calendars, invitations and greeting cards. Discount Drug Mart will also be increasing the number of Kodak Picture Kiosks per store, allowing multiple customers to experience and create prints and premium products faster and more easily. The newer G4 model can create standard 4 x 6 prints up to 70% faster than older kiosk systems.

“Giving our customers an exceptional photo creation experience is an integral part of our mission, and we felt that Kodak, as the market leader, best delivered that experience,” said John Graycar, director photo operations at Discount Drug Mart. “Kodak is providing both an integrated suite of photo finishing solutions and the technical and business expertise needed to enable all our locations with one-stop access to award winning photo products and services.”

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?