The Origins of 12 Supermarket Chains

   Here’s how some of the biggest grocery chains got started.  I still remember a series of commercials from Albertsons that had a butcher singing “It’s Joe Albertson’s supermarket, but the meat department is mine.”   Glad to see there really was a Joe Albertson! 1. ALBERTSONS After 12 years as a clerk and manager for Read More…

Something Stinks at WalMart

This is an interesting article about WalMart closing 5 stores for what could be called suspicious reasons.   I wonder if any of the 2,000 employees that were laid off truly believe there’s something wrong with the plumbing, although I’m sure they believe that something stinks… Earlier this year, WalMart became one of several corporate Read More…

Is Walgreens Close To Buying Rite-Aid?

The rumors have been floating for a while, and a board member of Walgreens Boots Alliance is hinting that an acquisition of some kind might be VERY close.  Walgreens is hosting an analyst day on Wednesday and Thursday this week so stay tuned for further details.  I’m sure CVS is listening… NEW YORK — The buzz Read More…

10 Things Never To Buy At Target

This article is from dailyfinance.com.   I shop at Target on occasion, mostly for houseware items,  and while I’ve never compared prices I generally felt like I was getting a fair price.  The article talks a lot about Walmart, Costco and Dollar Tree being cheaper.  Those are 3 stores I never shop in (Walmart is Read More…

Pharmacy Business Is Still Booming

So Rite-Aid continues to do well: Shares of Rite Aid were up slightly Thursday morning by 3% to more than $8.85 in early morning trading, following the company’s report of March results.    For the four weeks ended March 28, overall same-store sales increased 4.3%, with a front-end same-store sales increase of 2.5% and pharmacy Read More…

Walgreens Filing False Claims?

This suit is about a year and a half old, but it continues a trend that has been in CVS as well, specifically pharmacies bending the rules to get Medicare and Medicaid claims paid.   Seeing how thoroughly they audit the pharmacy on a regular basis, it’s amazing to me that this kind of stuff Read More…