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News and information on merchandising and trends in retail pharmacies at Family Dollar.

Dollar General to acquire 323 Dollar Express stores

GOODLETTSVILLE, Tenn. — Dollar General will acquire all 323 Dollar Express discount stores in 36 states from its owner, private equity firm Sycamore Partners, the company confirmed to several media outlets. Terms of the deal were not disclosed.

The Dollar Express stores, which still carry the Family Dollar moniker, will be rebranded to Dollar General. The 323 stores comprise most of the 330 stores sold to Sycamore in order to meet federal antitrust approval of Dollar Tree’s acquisition of Family Dollar in 2015. 

Hershey products go red, white and blue for Team USA

HERSHEY, Pa. -- Iconic candy brand Hershey is unveiling new, patriotic-themed packaging on some of its most popular brands as excitement for builds for the 2016 Olympic Games.

For the first time in the history of the bar, Hershey’s Milk Chocolate Bar will be swapping out its traditional silver lettering to red, white and blue.

MATTHEWS, N.C. — Family Dollar, in an effort to meet new potential branded and private-brand suppliers, is holding two Open Buy Days at its headquarters here in October. The first segment of the Open Buy Day, for household cleaning, paper, general merchandise and health and beauty care, will be held Oct. 19. The second segment will follow this on Oct. 26 for the food, beverage and pet categories.

CHESAPEAKE, Va.  — Dollar Tree and its Family Dollar subsidiary on Thursday added former Walmart chief merchant Duncan Mac Naughton to the team and promoted Dollar Tree president and COO Gary Philbin to the role of enterprise president.

Dollar Tree announced plans to close Family Dollar’s store support centers in North Carolina and Virginia, which are to be relocated to its newly-completed office tower in Virginia.

CHESAPEAKE, Va. - Dollar Tree on Tuesday announced plans to re-brand its Deals banner.

IOWA CITY, Iowa — Direct and indirect remuneration fees and delayed maximum allowable cost adjustment ranked highest on scales of both magnitude and immediacy for rural pharmacists, according to new research released by the RUPRI Center for Rural Health Policy Analysis.

CHESAPEAKE, Va. — There's been a changing of the guard at Dollar Tree as the man who grew the chain into a $22 billion retail powerhouse moves into a new role.

The discounter has appointed Gary Philbin, enterprise president, as CEO, effective immediately. He succeeds Bob Sasser, who will become executive chairman of Dollar Tree's board.

GOODLETTSVILLE, Tenn. — The Federal Trade Commission approved the sale of 323 Dollar Express stores to Dollar General, reported Reuters. Private equity firm Sycamore Partners II currently owns the Dollar Express stores, which it bought in 2015 when Dollar Tree was forced to sell stores in 35 states as a condition of its acquisition of Family Dollar.

You could call it a retail all-star team.

With just weeks to go before its annual Industry Issues Summit conference — one of the most highly-anticipated, must-attend events on the drug store industry calendar — Drug Store News has announced another top-tier roster of some of the most talented and creative retail executives in the business for the annual thought-leadership/networking event.

SECAUCUS, N.J. - Vitamin Shoppe on Thursday announced that it has hired Jason Reiser as COO effective July 11, 2016.  As COO and a key member of the executive team, Reiser will have overall day-to-day responsibility for operational execution, including store operations, merchandising, supply chain and IT and for leading those teams through implementing the company's reinvention strategy.

NEW YORK — Nielsen announced Wednesday that it has expanded its relationship with Family Dollar as the architect and exclusive provider of Family Dollar's Trading Area and custom product hierarchy.  

CHARLOTTE, N.C. — Family Dollar is overhauling its store network. The retailer has selected Interface Security Systems Holdings Inc. as its IP managed service provider across its entire retail platform.

 CHESAPEAKE, Va. — Dollar Tree on Thursday posted consolidated net sales of $5.3 billion, representing an increase of 5.7%, for its second fiscal quarter ended July 29.

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