As a result of its definitive agreement to acquire CytoSport Holdings, maker of Muscle Milk products, Hormel Foods has promoted three of its executives to leadership roles with CytoSport, based in Benicia, California.
So far 20 states and the District of Columbia have enacted laws permitting and regulating the use of marijuana for medicinal purposes. Colorado and Washington have gone further and legalized the recreational use of marijuana. Moreover, Americans’ tolerance for the legalization of marijuana is increasing. An October 2013 Gallup poll showed that 58% of Americans favor legalizing marijuana.
Walgreens this week opened the doors to its latest flagship location in the nation's capital, bringing to District of Columbia residents and commuters the kind of retail pharmacy theater already familiar with citizens of New York, Chicago and Los Angeles.
Illustrating the adage that no good deed goes unpunished, retailers offering financially-strapped or credit-challenged consumers the option of layaway are facing criticism and threats of litigation and regulatory scrutiny.
A&P continues to implement its turnaround strategy with the announcement that it is filing a motion seeking court approval of bidding procedures to market and sell 25 Superfresh stores in two Southern states and the District of Columbia.