business news in context, analysis with attitude

• The Cleveland Plain Dealer reports on the opening of a new Giant Eagle Market District store in Solon, Ohio, the first of the breed opened in Northeast Ohio, which features an expansive wine selection, gourmet charcuterie, and "specialty items, like dry-aged beef, to which restaurateurs or other industry professionals often only had access."

CEO Laura Karet "describes the store as a destination," the story says. "One can buy groceries. Have a drink at the bar. Eat at the restaurant. Or even visit with a dietician and aesthetician in the health and beauty section."

• The Birmingham News reports that the judge overseeing the Belle Foods bankruptcy proceedings in Alabama has approved the auction process that will allow the company and C&S Wholesale Grocers, its primary creditor, to sell Belle's remaining 44 stores.

The judge also approved $5 million in new financing that will allow Belle to "stock shelves and spruce up" the stores in preparation for the sale. Expectations are that dozens of bidders are likely to materialize with a desire to buy blocks of stores or individual units.

• The National Association of Chain Drug Stores (NACDS) has presented the Harold W. Pratt Award to Dennis F. Wiesner, senior director for privacy, pharmacy and governmental affairs with HEB, at its 2013 NACDS Total Store Expo.

• The Irish Mirror has a piece about Senator Feargal Quinn, who founded the Superquinn chain back in 1960. Superquinn, now owned by Musgrave, has been in the news lately because ownership has decided to fold it into its SuperValu chain, eliminating the Superquinn banner completely.

Quinn is philosophical about the decision: "From my point of view, I’m happy that it lasted 53 years. I would have loved the name to have stayed for another couple of hundred years but you don’t win them all and I think that Musgrave know what they are doing. It’s eight years since I left so it’s no longer my baby."

He goes on: "I've been kept up to date by the Musgrave people. And at least, even if it’s only the Superquinn sausages that stay, well, that’s something. But I still hope they might consider maybe the Superquinn name is worthy of keeping in some other forms as well. But whatever way it is, I recognise that’s business and that’s what happens.”
KC's View: