FINANCE

Walgreens Gets OK to Buy Familymeds

BY CSA STAFF

Deerfield, Ill., The Walgreen Co. got the green light from federal antitrust regulators Monday to purchase 53 pharmacies from Familymeds Group Inc. The transaction is valued at $60 million.

According to a Federal Trade Commission notice, the government has completed its investigation of the sale and ended the required waiting period.

The acquisition was announced last February.

Familymeds operates the 53 stores under the brands Familymeds Pharmacy, Ethical Pharmacy, Worksite Pharmacy and Arrow Pharmacy & Nutrition Center. Walgreens has said it will close an unspecified number of the locations and transfer their prescription files to nearby Walgreens pharmacies. However, the company did say it would continue to operate a majority of the stores.

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OPERATIONS

Taylor Bayouth Named Director of Interactive Media

BY CSA STAFF

Los Angeles, Access 360 Media has named Taylor Bayouth Director of Interactive Media. He will manage the creation and implementation of all interactive and mobile initiatives for Access 360 Media’s retail and partner programs.

Taylor previously worked as the Technical Director of Fidelity Assets, a search engine marketing service exclusively for real estate professionals.

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News

Publix Expands Deli Concept

BY CSA STAFF

Lakeland, Fla., Publix will be testing an expansion of its culinary prepared foods program, the Publix Deli, at The Publix at Lake Mary Collection in Lakeland, Fla., set to open on April 12.

“Our expansion into the culinary world enhances our customer’s experience in the deli by providing additional options of freshly prepared family favorites and the latest in culinary trends, while delivering our level of customer service and our passion for flavor at an affordable price,” said Maria Brous, director of media and community relations.

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