99 Cents Only to Close All 48 Texas Stores
City of Commerce, Calif. 99 Cents Only Stores announced Thursday it will pull out of the Texas market, closing all 48 stores because operations are unprofitable.
99 Cents Only said stores in the “very challenging” Texas market were generating about half the revenue of its stores in other states.
The company said it will focus on its 230 remaining stores, which are in California, Arizona and Nevada. Those stores bring approximately 90% of its total revenue.
The company said its Texas stores lost $15 million in the year ended June 28, while bringing in $120 million in revenue. It said the closures will cost $40 million to $45 million.
Safeway to offer flu vaccines
PLEASANTON, Calif. Safeway announced that is it offering flu vaccines in all their U.S stores. Now through February 2009, or while supplies last, flu vaccines will be administered at stores. Most stores will give vaccines on a walk-in basis at in-store pharmacies, while others will conduct scheduled flu vaccine clinics.
“The beginning of the flu season is the best time to get vaccinated to ensure you are covered throughout the entire season,” said Dave Fong, Safeway senior vp of Pharmacy. “Our stores and pharmacies have made it easy for everyone to protect themselves from the discomfort and inconvenience of the flu.”
Walmart offers $9 diabetes management products
BENTONVILLE, Ark. Walmart announced that it is offering $9 ReliOn diabetes management products nationwide as part of its affordable pharmacy program. Available exclusively at Walmart, ReliOn $9 products include: ReliOn Ultima Blood Glucose Meter; ReliOn Ultima Blood Glucose Test Strips (20 ct); and the ReliOn A1c test (glycated hemoglobin hbA1c).
“This latest expansion of our health care offering comes from our commitment to help people affected by diabetes save money so they can live better,” said Dr. John Agwunobi, senior vp and Wal-Mart’s president of its health and wellness division. “We are pleased to introduce $9 ReliOn testing products that address some of the unique health care needs of diabetes patients. By providing affordable, quality solutions we hope to positively impact the lives of the millions already living with the disease.”