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‘The Daily Wrap:’ Burger King, Walgreens, Dunkin’ Donuts
3G Buys BK
Private equity firm 3G Capital has purchased public fast food chain Burger King for $4 billion. That figure equals 46% more than Burger King’s share value at the time of the deal. Source: CNN/Money
Walgreens Buys 18 ApothecaryRx Stores
Drugstore retailer Walgreens will acquire the assets of 18 ApothecaryRx pharmacies located in Colorado, Oklahoma, Minnesota, Missouri and Illinois....
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Environmental Update: Ikea, Albertsons, E-Waste
Each week, Retailer Daily provides a review of notable environmental news happening in the retail industry. Articles are provided courtesy of Environmental Leader.
Albertsons Installs Fuel Cell
A new Albertsons supermarket will be one of the first in California to generate nearly 90 percent of its electricity requirements with an on-site 400-kilowatt fuel cell. The project is estimated to cut...
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‘The Daily Wrap:’ Ikea, Best Buy, Johnny Rockets
Ikea Expands in China
Home furnishing retailer Ikea, which is speeding up its expansion in China, plans to open four new stores across the country during the next two years. Ikea will open its second store in Shanghai next year and open locations in Tianjin and Wuxi, as well as its second store in Beijing, in 2012. Source: China Daily
Best Buy Names Chief Design Officer
Consumer electronics...
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Discount, Dollar Stores Creep Up Top 100 Retailer List, Walmart Remains No. 1
The nation’s top retailers managed to hold on to their coveted spots, even with the troublesome economy, but a new group of companies are sneaking onto the playing field, according to an annual ranking of retailers by sales.
With the economy putting a huge dent in consumers’ budgets last year, discount and dollar stores became much more attractive to the American family, according to the...
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‘The Daily Wrap:’ McDonald’s, Staples, Wal-Mart
Ronald McDonald Stays Put
Fast food retailer McDonald’s says its longtime mascot Ronald McDonald will continue to represent the brand. There have been recent calls for McDonald’s to retire Ronald McDonald because the red-haired clown allegedly makes unhealthy food attractive to children. Source: NewsFeed Researcher
Staples Increases Net Income 32%
Office supply retailer Staples, Inc....
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Environmental Update: Marks & Spencer, IKEA, Publix
Each week, Retailer Daily provides a review of notable environmental news happening in the retail industry. Articles are provided courtesy of Environmental Leader.
Marks & Spencer’s Plastic Wine Bottles Could Spoil Faster
Wine stored in plastic bottles may spoil faster than when kept in glass bottles, according to new research from the Institute of Vine and Wine Sciences (ISVV) in France....
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‘Wednesday Clearance’: News We Didn’t Cover, August 10-12
Below, some recent articles from the stock of news items that Retailer Daily just didn’t get to writing in the past few days, but still might be worth your while to check out.
Publix Super Markets to Close Five Stores near Former Albertsons Stores
St. Petersburg Times
Redbox Files Federal Lawsuit Against 20th Century Fox
Redbox Automated Retail, LLC
Michaels Announces Debut of Gypsy, a...
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