Discounter 99 Cents Only Stores said it has agreed to be acquired by a group of investors including its founding family, Ares Management and Canadian Pension Plan Investment Board for $1.6 billion in cash.
Walgreens on Wednesday will unveil its first electric vehicle charging station in Orlando, Fla., at its International Drive and Sand Lake Road location with a ribbon cutting at 10 a.m., as City of Orlando Mayor Buddy Dyer makes the inaugural charge.
Under fire. That is the best way to describe the current state of the proposed $29 billion mega-merger of two of the nation’s three largest pharmacy benefit managers, and the fierce resistance it is drawing from pharmacy and consumer groups.
Drug Store News caught up with J.D. Schulman, CEO of Vesta Retail Networks, to talk about the company’s retailer-exclusive neighborhood marketing networks — a program that reaches affluent shoppers in a unique way by creating advertising opportunities out of the hangers used for dry cleaning.