Just days after announcing a cooperation agreement with Nielsen, Walmart has entered a new relationship with SymphonyIRI Group, through which the two will develop a solution that supports the retailer's customer-centric initiatives.
Walgreens has signed on to convert or open at least 1,000 stores across the country using its food oasis concept over the next five years as part of First Lady Michelle Obama's and the Partnership for a Healthier America's recent announcement to bring healthy, affordable food to nearly 10 million people during that time period.
Research firm Mintel hosted its New Products and Consumer Insights Pavilion in New Orleans last week and highlighted the importance of portion size, noting that many consumer packaged goods companies ignore the nutrition guideline.
Walgreens has acquired the 10-site retail pharmacy chain Carle Foundation, a pharmacy operator out of the Urbana-Champaign, Ill., area with the majority of stores located inside medical office buildings, according to Dresner Partners, which brokered the deal.
Ever see the movie “Pleasantville,” where the kid and his sister get sucked into their TV set and become trapped in a late-1950s sitcom? As the two introduce 1990s sensibilities to inhabitants of the fictitious town, the people and their surroundings slowly transform from black-and-white to color. The film is a metaphor for enlightenment, innovation and discovery.
Increasingly, chains that traditionally have not been major forces in food retailing are making bigger commitments than ever to fresh — including meat, produce and dairy — in an effort not only to help solve the nation’s growing health crisis and expand Americans’ access to nutritious food options, but also to create new reasons for customers to shop their stores.
The race is on to capture tomorrow’s click-and-pick shopper — that multichannel consumer who, with a click, wields her phone as an omniscient shopping tool and then either picks her product off the shelf or picks where that product will be waiting for her, be it at a nearby store or in her mailbox.
Concerns over the health of the economy are far from over, as evidenced by a SymphonyIRI Group survey released Wednesday that found consumers are taking even more steps to save money due to their ongoing financial concerns, including turning to the Internet in search of the best deals.
Somehow, someway, Walgreens will be the first to figure out how to beam a prescription right into a patient's medicine cabinet "Star-Trek" style. Because as sure as the chain's e-commerce president Sona Chawla is to Walgreens as Scotty is to the USS Enterprise, Walgreens is moving at light speed in monetizing and capitalizing on multichannel retailing. And the chain hasn't even got its multichannel engines really revved yet.
Walgreens on Wednesday unveiled plans to establish deeper roots on its home turf with its “Chicago Hometown Investment Initiative,” a plan that will create an estimated 600 new jobs in the city over the next two years and will quadruple the number of Walgreens’ food oasis stores.
Soon after reporting double-digit earnings per share growth Tuesday morning, Walgreens announced it would forego as much as $5.3 billion in annual sales, representing some 7% of the company’s business and 90 million prescriptions, as it walks away from its relationship with pharmacy benefit manager Express Scripts.
The private-label trend at retail continues to gain steam as Supervalu CEO Craig Herkert shared plans last month at the company's annual shareholders meeting to expand Supervalu's private-label program now through February 2012.
Walgreens and Northwestern Memorial Physicians Group of Chicago on Wednesday announced a new coordinated healthcare program in which Walgreens will share the results of appropriately timed pharmacist clinical interventions with primary care physicians of selected patients.
Through a partnership with Incentive Targeting and HaloEffect, Big Y Foods will become the first grocery retailer to offer Groupon deals digitally loaded to shoppers’ loyalty cards, the companies announced.