October 24, 2014

Procter & Gamble posted first-quarter results in line with expectations, and announced plans to shed its Duracell battery business as it works to restructure its portfolio.

October 24, 2014

Sam's Club announced the introduction of a health exchange service in partnership with Aetna, to better serve its small business clientele. With that announcement, Sam’s Club becomes the first retailer to complement its full suite of healthcare offerings — optical, hearing, pharmacy — with a health exchange solution specifically targeting those who are arguably most concerned about health care: small business owners.

The move aligns Sam’s Club brands with all things health. “Whenever people visit Sam’s Club at all, I want them to be able to experience health-and-wellness in a way that they leave healthier no matter how they engage with us,” Sherri Thomas, director, managed care services for Sam's Club, told Drug Store News. “If it’s through our pharmacy, optical or hearing services, if they’re engaged in the exchange, if it’s through our health screenings, I want them to be a healthier person because they’re engaged with Sam’s Club.”

 

October 24, 2014

Pfizer on Thursday announced that the U.S. District Court for the District of Delaware upheld its basic patent and the L-malate salt patent covering Sutent (sunitinib malate) capsules.

October 23, 2014

John Spina, Walgreens corporate VP expense optimization, and Don Huonker, Walgreens chief operational risk officer, will retire from the company effective Oct. 31.

 

October 23, 2014

Procter and Gamble’s group president of the North America business, Melanie Healey, is leaving the company next year, according to a Wall Street Journal report.

October 22, 2014

Drug Channels on Tuesday released a report showing that Walmart and Walgreens dominate 2015 Medicare Part D preferred networks, followed by independent pharmacy. 

October 22, 2014

Family Dollar Stores announced that it has certified substantial compliance with both the Federal Trade Commission’s second request regarding the acquisition by Dollar Tree, as well as the second request regarding Dollar General's bid for the company. 

 

October 22, 2014

The Emerson Group, a consumer products equity organization, announced the addition of Stephanie Gregg to the company. 

October 22, 2014

Sam's Club on Wednesday announced a number of first-of-its-kind services.

October 22, 2014

Target is gearing up for the holiday season with a string of new initiatives, including new and enhanced digital tools and free shipping on all Target.com orders now through Dec. 20.

October 20, 2014

Winn-Dixie, a subsidiary of Bi-Lo Holdings, on Monday announced it is entering into a new partnership with Talladega Superspeedway to sponsor the “Winn-Dixie 300” NASCAR XFINITY Series race.

October 17, 2014

Starbucks Coffee Company continues to extend its mobile offerings. The coffee giant will launch mobile ordering in its locations in the Portland, Ore., area by year end, with a full rollout nationwide in 2015.

October 17, 2014

Target Canada announced on Friday the official opening of three new stores in Canada, marking the final stores scheduled to open in 2014 and bringing to 133 the total number of Target Canada stores open across the country.

October 16, 2014

Dollar General on Thursday announced plans to build a new state-of-the-art distribution center in San Antonio.

October 16, 2014

Goldman Sachs is recognizing entrepreneur and UrgentRx founder and CEO Jordan Eisenberg as one of the 100 Most Intriguing Entrepreneurs of 2014 at its Builders + Innovators Summit.

October 16, 2014

Supervalu reported second-quarter fiscal 2015 net sales of $4 billion and net earnings from continuing operations of $31 million.

 

October 15, 2014

AbbVie has notified Shire of its board of directors' intention to reconsider the recommendation made on July 18 that AbbVie stockholders adopt the merger agreement needed to complete the proposed combination of AbbVie and Shire.

 

October 15, 2014

Organizational capacity.” That’s Dollar General’s shorthand for the discipline and rigorous financial modeling that the company applies to its rapid store expansion and remodeling program. 

October 15, 2014

What retail chain has more stores than any other U.S. company, with plans to open an astonishing 700 new locations this year alone, while approaching $20 billion in revenue and maintaining sales and profit momentum? It’s Dollar General, the storied Goodlettsville, Tenn.-based small-box discount giant celebrating its 75th year in business in 2014.

 
October 15, 2014

Drug Store News has announced a top-notch lineup of retail executives slated to participate in the 16th annual DSN Industry Issues Summit conference, Dec. 2 at Manhattan’s historic New York Athletic Club.

October 15, 2014

The Estée Lauder Cos. looks to acquire Le Labo, a fragrance and sensory lifestyle brand with a French heritage.

October 15, 2014

Safeway reported in an SEC filing sales of $8.3 billion for the third quarter ended Sept. 6, representing a lift of 2.6% as compared to the year-ago period.

 

October 15, 2014

Sears Holdings Corp. has announced that Ronald Boire, EVP, chief merchandising officer and president, Sears Full Line Stores and Kmart Format, has left the company.

October 15, 2014

With their arrival in early 2008, the new leaders of Dollar General began a massive but methodical transformation of the chain’s critical merchandising and marketing functions. The goal: to tighten up and rationalize a store presentation and product mix that had drifted and lost focus, while boosting turns, shelf productivity and profitability.