Kroger emerges as sole owner of The Little Clinic
Brentwood, Tenn. Retail-based clinic operator The Little Clinic has stated for the first time that it is a wholly owned subsidiary of grocery chain Kroger.
According to a report by Drug Store News, in 2008, it was announced that Kroger had made an investment of an undisclosed amount into The Little Clinic. The investment, at that time, was described as “significant.” Private equity firm Solera Capital had acquired The Little Clinic’s predecessor in 2005.
The news comes as The Little Clinic exits five markets and shutters five additional locations in three markets.
Sources believe that these latest closures are the result of the change in ownership.
In a statement sent to Drug Store News, The Little Clinic confirmed that it has exited five markets – Indianapolis; Houston; Toledo, Ohio; Detroit and Richmond, Va. — and closed five additional clinics in three markets, effective April 2. With these closings, Kroger and The Little Clinic stated that they are focusing on “strengthening the business model to better service the healthcare needs of customers in an affordable, convenient manner.”
The Little Clinic, based in Brentwood, Tenn., will continue to operate clinics in Columbus, Ohio; Cincinnati; Denver; Knoxville, Tenn.; Lexington, Ky.; Louisville, Ky.; Memphis, Tenn.; Nashville, Tenn.; and Phoenix. The company will revisit expansion plans for 2011 and beyond once it completes the process of streamlining its operations.
The Little Clinic opened its doors in 2003 with its first two clinics in Kroger supermarkets in Louisville.
Ebay launches fashion store
SAN JOSE, Calif. Ebay announced that it has launched a new fashion store on its online marketplace at fashion.ebay.com.
“Ebay Fashion delivers a visually rich and easy-to-navigate shopping experience for savvy style seekers and bargain hunters alike, making it simple to browse and buy from the world’s largest online selection of new, used and vintage clothing, shoes and accessories,” said Lorrie Norrington, president of Ebay marketplaces. “So whether you want to shop for leading fashion brands, or buy from a trusted eBay seller with an eye for vintage clothes and the perfect accessories, Ebay Fashion is a one-stop destination for style and value.”
The Ebay Fashion store will include the ability to shop by boutique, brand, category and similar items and/or trends. Visitors can also view tips and trends from fashion experts.
Poehler named head of Panasonic Solutions Company
SECAUCUS, N.J. Rance Poehler will head the newly consolidated Panasonic Solutions Company as president, Panasonic Corporation reported.
Panasonic Solutions Company will deliver content creation, collaboration, information-sharing and decision-support solutions for customers in government, healthcare, education as well as a wide variety of commercial enterprises.
“Panasonic is a technology leader and continues to spend over $3 billion in R&D each year,” said Poehler. “We will utilize the technology and innovation from our multiple engineering and research centers to create new solutions, built with the input of our customers and ecosystem of channel partners, to substantially grow our business.”