Target plans to sell its pharmacy business to CVS Health for $1.9 billion and rebrand its nearly 1,700 prescription departments as CVS/pharmacy in a blockbuster deal that stunned the healthcare world.
The Balance Rewards for healthy choices program gives users Balance Rewards points for logging blood pressure or weight loss, tracking daily activity and setting achievable goals.
The free “His Health” screenings are confidential and available at all Sam’s Club locations with a pharmacy.
Target said the plan to double the amount of its share buyback authorization represents a continued focus on returning cash to shareholders.
As Walgreens expands its MDLive telehealth platform to three states, a picture of the changing role of retail pharmacy is coming into focus.
Walgreens features exclusive beauty products in new challenge on the Challenged app.
Walgreens will use the app to integrate its Balance Rewards system with Apple Pay this fall.
Despite a 14.5% decline in same-store sales at Sears and 7% at Kmart in the first quarter ended May 2, Sears Holdings’ CFO says the company’s transformation is continuing apace.
Kroger has promoted two executives with more than 30 years at Harris Teeter between them.
“This transition demonstrates Walmart’s commitment to long-term succession planning and keeping high caliber, capable leaders at the head of our company,” said outgoing chairman Rob Walton.