December 19, 2013

Rite Aid appears to be transitioning from a turnaround phase to one in which it's looking more toward future opportunities, company executives suggested in a conference call Thursday morning when announcing the chain's third quarter 2014 results.

December 19, 2013

Rite Aid announced its third-quarter 2014 sales Thursday, showing higher total and same-store sales and profits than third quarter 2013, as well as continued growth in programs like the Wellness store format, Wellness65+ and others.

The main story surrounding Rite Aid over the past couple of years has been its efforts to engineer a turnaround, but the message from Thursday was, "Rite Aid more or less has turned around, so what's next?"

December 19, 2013

The long-standing partnership between Rite Aid and nutritional products retailer GNC is being extended through the end of the decade.

December 19, 2013

About 40 million credit and debit card accounts of Target customers were compromised between late November and the middle of this month, the mass merchandise retailer said Thursday.

December 18, 2013

Kroger announced the promotion of Mark Tuffin to SVP retail divisions. He succeeds Michael Ellis, who will become Kroger's president and chief operating officer on Jan. 1.

December 18, 2013

As consumers are reaching the final days to squeeze in their holiday shopping, Target has announced some last-minute deals.

December 16, 2013

Valeant Pharmaceuticals International will acquire Solta Medical for about $250 million, Valeant said Monday.

December 13, 2013

A newly appointed executive at Campbell Soup will be responsible for establishing the company's strategic direction for advertising, media, global design, digital marketing and social media.

December 10, 2013

The hedge fund Elliott Management will attempt to block McKesson's offer to acquire the German pharmaceutical wholesaler Celesio because it “substantially undervalues” the company, according to a report in the New York Times published Tuesday.

December 6, 2013

In an effort to engender even greater shopper loyalty, Kroger has tied its loyalty card to the charity of a consumer's choice, according to a report in the Cincinnati Enquirer.

December 5, 2013

Kroger on Thursday reported that same-store supermarket sales growth, without fuel, was 3.5% in the third quarter, marking the 40th consecutive quarter of same-store sales growth.

December 3, 2013

McKesson will be introducing hospital and health systems pharmacy leaders to new ideas and emerging solutions for their top issues at the American Society of Health-System Pharmacists Midyear Clinical Meeting 2013, which runs from Dec. 8 to 12.

December 2, 2013

Rite Aid has promoted Karen Staniforth, VP pharmacy for the chain's mid-Atlantic division, to group VP pharmacy initiatives and clinical services, the company said Monday.

December 2, 2013

Rite Aid announced Monday the promotion of Karen Staniforth to group VP pharmacy initiatives and clinical services from her current position of VP pharmacy for the chain's mid-Atlantic division. In her new position, Staniforth will oversee the company's strategy around the Wellness Ambassadors, specially trained staff who walk the aisles of the stores and provide information on health and wellness products and programs, as well as serve as a "bridge" between the front end and the pharmacy.

From the beginning, Wellness Ambassadors have been a crucial part of Rite Aid's Wellness store remodel program, and early on, John Standley, its chairman and CEO, noted that Wellness stores with Wellness Ambassadors showed stronger sales than those without them. As of the chain's second-quarter 2014, the results of which it announced in September, there were 1,700 Wellness Ambassadors at 1,019 stores.

November 26, 2013

Pacific West Lab & Packaging introduces COOLSPIKES Spiking and Holding products. Sought after and used by the trendy generation Y and Salon professionals to create fancy Mohawks and Spikes, COOLSPIKES is a line of premium blended, Alcohol-Free Gels and Styling aids that deliver maximum hold and shine. COOLSPIKES products are compounded with fantastic, fresh custom fragrances for young men and women. They love it!

November 26, 2013

Moody's on Tuesday cut against the grain with its holiday forecasts by suggesting pent-up demand will help give retailers a reason to celebrate Black Friday despite concerns of another government shutdown in January.

November 21, 2013

Target Corp. posted sales of $17.3 billion in third-quarter 2013, a 4% increase over the same period last year, and a $341 million profit, down by 46.4% from a year ago, the mass merchandise retailer said Thursday.

November 19, 2013

Kroger on Tuesday announced its succession plan for secretary and general counsel.

November 19, 2013

Rite Aid had a ribbon-cutting ceremony to debut its newly remodeled Wellness store in New York's West Village neighborhood Tuesday.

November 18, 2013

AmerisourceBergen on Monday announced the launch of the company’s new Pharmacy Ownership Program, a new network with resources established to assist independent community pharmacists in selling their business to prospective buyers or expanding their current business to additional locations.

November 15, 2013

Rite Aid is testing a revamped beauty section in at least one of its Genuine Well Being stores, in New York's West Village. Dubbed Beauty Vision, the section features a wider assortment of brands, a spruced-up look and a Beauty Vision adviser who can help customers learn about various brands and products. The chain is promoting the new concept with a special event on Tuesday featuring Eddie Funkhouser, creator of the eponymous cosmetic brand.

Assuming president Obama's healthcare reform initiative works out - notwithstanding the rough start it's had so far - and tens of millions of uninsured Americans get healthcare coverage, it's going to mean a lot of potential new customers for pharmacy retailers. But while that will drive script count and get people through the door, it will also drive pharmacy margins down. This means retailers will need to do more to make themselves stand out in the front end, and one of the best ways to do that is with beauty.

DSN took a close look at Rite Aid's new beauty concept this week. See it for yourself.

November 15, 2013

The Food and Drug Administration has approved a new drug for fungal infections of the skin made by Valeant Pharmaceuticals International, the drug maker said Friday.

November 13, 2013

Kroger on Wednesday announced today it was named the 2013 Retailer of the Year by Wine Enthusiast magazine.

November 12, 2013

Rite Aid has elected the president and CEO of Catholic Health Initiatives to its board of directors, the retail pharmacy chain said Tuesday.