business news in context, analysis with attitude

• The Fairfax News in Virginia reports that a new study by Consumers Checkbook says that "compared to average prices at Giant and Safeway stores in the region, prices are 20% lower at Walmart Supercenter stores, 19% lower at SuperTarget, 15% at Food Lion, 14% at Target and 13% at Wegmans."

The story says that "Wegmans ranked highest in overall quality with the vast majority of Wegmans consumers — 93% — rating it 'superior' vs. 34% of Safeway shoppers and 39% of Giant shoppers … Area price leaders also got relatively low marks for quality with just 27% of Walmart shoppers rating it “superior,” 23% of Food Lion shoppers and 21% of Target shoppers."

• The Associated Press reports that St. Louis-based Schnucks "is now branching into health care, opening its first Schnucks Infusion Solutions facility to treat acute and chronic conditions."

Infusion therapy, the story says, "involves injecting medicine through a needle or catheter. It treats conditions ranging from infectious diseases to immune deficiencies to cancer … infusion centers are profitable because they administer expensive treatments," and are "attractive to consumers and insurance companies because they provide outpatient care in a cost-effective way."

• The Idaho Statesman reports that WinCo Foods will open two new stores today, one in Coeur d'Alene, Idaho, and the other in Norco, California.

"The company plans to open its first two Texas stores in Fort Worth and McKinney in early 2014," the story says.

• The Associated Press reports that Nestle has sold its weight management business Jenny Craig in North America, Australia, New Zealand, and the Pacific Islands, to North Castle Partners, a U.S. private equity firm that specializes in companies that promote health, wellness and active living.
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