Strong sales of fragrances and bath and body products helped Burlington Stores achieve its holiday season sales targets and have CEO Tom Kingsbury feeling good about where the company is headed in 2016 (Retailing Today).
Lynn Gust, retiring, started his career with Kroger in 1970 as a parcel clerk at Fred Meyer's Fourth Plain store in Vancouver, Wash. and has served in a number of senior-level positions becoming president of Fred Meyer in 2012.
Healthy checklane items are coming to nearly all Aldi stores by year end — and that’s just the beginning of the retailer’s stepped up commitment to offering healthier options at its expanding network of 1,500 stores.
A CVS store is expected to open on the Las Vegas strip in May, according to a report by Vegas Inc. published Tuesday. It will be CVS' fourth location to Walgreens' five, the report noted. "They've really been popping up quickly," Ray Germain, associate VP investments with Marcus & Millichap told Vegas Inc. "It's crazy what you'll pay for a little packet of Advil. (Vegas Inc.)
McKesson narrowed its fiscal 2016 outlook to reflect the expectation that operating profit derived as a result of generic pharmaceutical pricing trends will be weaker in the second half of the fiscal year compared to previous expectations.
For Walgreens, the agreement aligns with a two-pronged growth strategy for its retail clinics: investing in its core business while also developing deeper, more innovative approaches with health systems.
To help support the campaign, hip-hop duo Kalin and Myles on Thursday recorded a public service announcement to encourage their fan base, the KAMFAM, and young people across the country to join CVS Health's stop-smoking campaign.