February 28, 2013

Kmart's comps declined 3.7% for the fourth quarter and fiscal year 2012, while parent company Sears Holdings' integrated online business grew by 25% for the quarter and 17% for the year, Sears Holdings said Thursday.

February 27, 2013

Music mogul Sean Combs and actor/producer Mark Wahlberg on Wednesday announced a joint venture with fitness and wellness water brand AQUAhydrate.

February 27, 2013

MinuteClinic, the retail healthcare division of CVS Caremark and North Shore-LIJ Health System, one of the nation's largest healthcare providers, have signed a clinical collaboration to enhance access to high-quality healthcare services in Nassau and Suffolk counties and the boroughs of Manhattan, Queens and Staten Island.

February 27, 2013

Target is planning a rollout in Canada that will be bigger than any single year's worth of its store openings in the United States ever, executives of the company said Wednesday morning in a call with Wall Street analysts to discuss the mass merchandise retailer's fourth-quarter and full-year 2012 results.

February 26, 2013

Upon the closing of Supervalu's sale of five pharmacy banners to Albertsons LLC, Dan Salemi will assume the role of president of pharmacy at the new Albertsons LLC, DSN has learned.

February 26, 2013

Nearly two-thirds of Hispanic consumers have discarded garments ruined by bleach or home remedies up to five times per year, according to a new survey by Procter & Gamble's Tide division.

February 26, 2013

CVS Caremark president and CEO Larry Merlo presented a $50,000 check Tuesday to the Children's Hospital of Pittsburgh of the University of Pittsburgh Medical Center before attending a luncheon sponsored by the Economic Club of Pittsburgh.

February 26, 2013

Sears Holdings will add some of its own products and allow customers to pick up products ordered from its flagship store in Chicago on the same day, according to published reports.

February 26, 2013

Several pharmacy retailers got top place in a recent consumer satisfaction survey.

February 25, 2013

Health insurer Aetna is offering individual health insurance plans to Costco members in Florida, the insurer said.

February 25, 2013

When Albertson's LLC announced last month that its parent company, AB Acquisition, an affiliate of Cerberus Capital Management, signed an agreement to acquire 877 stores from Supervalu in a deal valued at some $3.3 billion — a move that will reunite all Albertsons stores under one operator — it recast the rankings of the industry's leading pharmacy retailers.

February 25, 2013

Bob Miller has a knack for turnarounds. In 1999, he took over Rite Aid as chairman and CEO, helping to stabilize the drug store chain at a time when Rite Aid was on the brink of bankruptcy, and many analysts were projecting Rite Aid would fold.

February 25, 2013

Target will open a new store in East Kendall, Fla., one of the 18 it plans to open this year in the United States, the mass merchandise retailer said.

February 25, 2013

When Supervalu announced this past summer a review of strategic alternatives, its goals were to improve its business, better position the company for the future and create the best opportunity to deliver shareholder value. This effort has led to the sale of 877 stores to AB Acquistion.

February 21, 2013

Albertsons named the division presidents who will lead the 877 stores it will acquire from Supervalu after the purchase agreement closes next month, the company said. The two companies agreed to the purchase in January.

February 21, 2013

UrgentRx announced expansion of its line of fast-acting over-the-counter flavored powder medications into Duane Reade and Walmart.

February 21, 2013

Walmart saw a slight 1% increase in same-store sales at U.S. stores, but beat analyst estimates and delivered better-than-expected fourth-quarter profits, the company announced.

February 20, 2013

GNC is ramping up its reach beyond its 6,100 retail outlets, Joe Fortunato, the company's chairman, president and CEO, told analysts last week.

February 20, 2013

Supermarket operator Ahold USA could be in a position to buy Matthews, N.C.-based supermarket chain Harris Teeter, according to published reports.

February 19, 2013

Kroger promoted Robert Clark, 28-year veteran, as group VP non-perishables.

February 19, 2013

Management of specialty drugs under the medical benefit continues to trail management under the pharmacy benefit, according to a new report by the Pharmacy Benefit Management Institute.

February 19, 2013

More than 20 athletes from Special Olympics Florida experienced what it’s like to be a major league ball player when they took part in a recent CVS Caremark All Kids Can Baseball Camp during Red Sox Spring Training.

February 15, 2013

Jewelry maker Tiffany & Co. is suing Costco Wholesale, alleging that the club retailer falsely marketed diamond engagement rings as coming from the New York-based jeweler, according to published reports.

February 15, 2013

Sears Holdings, the parent company of mass merchandiser Kmart, is throwing its support behind a bill that would grant states authority to enforce existing sales tax laws and require out-of-state online retailers to collect and remit sales taxes on sales made to their residents.