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July 25, 2011


With its latest string of initiatives designed to bring it out of a slump that lasted more than a decade, Rite Aid is aiming for “wellness” to do for it what the lower-case “i” did for Apple.


July 25, 2011


The 19th century British writer William Hickson may have written, “If at first you don’t succeed, try, try, try again,” but he only had half the story. By all means, try again, but don’t do the same thing over and over and expect different results.


July 25, 2011


Since its nationwide launch in April 2010, Rite Aid’s wellness+ loyalty card program rapidly has proven itself to be a phenomenal boost to the chain’s business as the first-ever loyalty program designed to enhance customers’ savings and well-being together.


July 5, 2011

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.


June 24, 2011

Whole Foods Market co-CEO Walter Robb told investors at a Jefferies Global Consumer Conference that the 300-store chain is expected to grow to 1,000 stores in the United States.

June 23, 2011

Sales may have been flat overall, but a closer look revealed there was a lot to be positive about in Rite Aid’s fiscal first quarter 2012 earnings, as the company managed significant expense improvement and stronger same-store sales growth. Bottom line: Rite Aid narrowed its losses considerably, and that ain’t all expense control.

June 21, 2011

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.

May 31, 2011

Costco Wholesale EVP, CFO and director Richard Galanti told investors during the company’s third quarter 2011 earnings call last week that average prices in pharmacy probably would decline due to the introduction of generic versions of branded drugs.

May 20, 2011

Target plans to spend more than it had forecast this year on its entry into the Canadian market as it nails down more of the best retail locations sooner than expected.

April 7, 2011

Sales at Rite Aid fell during fiscal year 2011, according to financial results announced Thursday, but it appears the company may have gained some momentum, reversing negative same-store sales trends in the fourth quarter.

March 3, 2011

Kroger on Thursday beat analysts’ quarterly consensus, posting 46 cents in earnings per share (adjusted for a goodwill impairment charge) that exceeded consensus by 2 cents EPS, with a higher-than-expected identical-store sales lift of 3.8% (excluding fuel).

February 15, 2011

Operations at Winn-Dixie Stores continued to improve across the second quarter, helping to drive shares up by 11 cents to $6.92 per share in mid-day trading.

February 3, 2011

What will define success for CVS Caremark in the years ahead? If you ask incoming CEO Larry Merlo, it all comes down to three things: flawless execution, cross-functional thinking and management, and enhancing value. Not coincidentally, those are three key reasons Merlo inherited the top spot at the company.

January 11, 2011

There were three takeaways to come out of Supervalu’s third-quarter analyst call Tuesday morning: The deep discount banner Save-A-Lot will be the most significant catalyst for growth going forward; Supervalu aggressively is addressing pricing issues that have had consumers who are more accustomed to the “hi” in the grocer’s "hi-lo" pricing strategy shopping elsewhere; and while traditional Supervalu banners Acme, Shaw’s and even Jewel-Osco do not have a “For Sale” sign on their respective front lawns, at least not yet, they can be had for the right price.

December 16, 2010

What Rite Aid might wish for Christmas is accelerated results borne from its Wellness+ loyalty card program, because even as the chain lowered its guidance for fiscal 2011 sales, it’s that differentiated loyalty program that executives believe is going to buttress sales next year and beyond.

November 30, 2010

Total sales and comparable-store sales both rose during the month of November for Fred's, the chain announced Tuesday.

September 26, 2010

Target reportedly is scaling back with a new small urban format....

September 23, 2010

In the never-ending battle for customer loyalty, independents rule and service is still king....

September 12, 2010

Rite Aid’s wellness+, one of the few loyalty cards that proffers an actual healthcare component...

August 22, 2010

Americans staggered by recession, loss of income and job worries have been making fewer trips...

August 22, 2010

Healthcare reform, a rise in patient visits and expanded service offerings are paving the way...

July 21, 2010

A third Johnson & Johnson manufacturing facility has come under Food and Drug Administration scrutiny...

July 18, 2010

When it comes to the front-end offerings at drug and mass-market retailers, there is perhaps...

July 5, 2010

Rite Aid’s stock closed at just under $1 for the first time in more than...

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