December 14, 2012

Turkish retailer Migros appears to fit Walmart’s acquisition criteria even if the timing of a potential deal is less than ideal. Turkey’s leading retailer has been in the headlines a lot this year because the company’s private equity owner, BC Partners, is reportedly looking to dump its ownership position roughly four years after acquiring a majority stake.

December 13, 2012

CVS Caremark executives expressed optimism going into 2013 and outlined its strategic growth framework, which leverages the company’s unique integrated model, during its annual Analyst Day held on Thursday in New York City.

December 13, 2012

Target announced plans to open a new store in Baltimore by October 2013. The retail giant has said approximately 200 new team members will be hired for the new location, part of the Canton Crossing Shopping Center on Boston Street.

December 13, 2012

The No. 1 ranked weight-management bar in the natural channel, thinkThin, is now available in select Target locations throughout the United States, the company announced Thursday.

December 11, 2012

Aetna and Cardinal Health Specialty Solutions on Tuesday announced an evidence-based program designed to improve cancer care in Michigan.

December 10, 2012

The Pacific Business News on Friday reported Rock Tang, a prominent real estate executive in the Hawaii region, joined Walgreens from CVS Caremark.

December 10, 2012

With the holiday season now underway, Walmart has started announcing the winners of its second annual "12 Days of Giving" campaign.

December 7, 2012

More than five-dozen Albertsons stores in the West will start selling gluten-free frozen pizzas this month.

December 7, 2012

Walgreens last Wednesday reported November sales of $5.9 billion, a decrease of 3.9% versus the same period last year.

December 7, 2012

Mark Hollis, retired Publix president and director emeritus, passed away early this morning at Lakeland Regional Medical Center, according to the company. He was 78.

December 7, 2012

CVS Caremark is looking to acquire an 80% stake in Onofre, the eighth-largest pharmacy chain in Brazil, according to published reports.

Are you ready for the globalization of drug store retailing? DSN is. And we expect it to continue. Why? That's where the Rx growth is. Expect more of these deals. Where? Follow the money (i.e., emerging markets where Rx growth is still in high single to low double digits).

December 7, 2012

CVS Caremark is reportedly looking to expand outside of the United States by acquiring Onofre, the eighth-largest pharmacy chain in Brazil, according to published reports.

December 7, 2012

Food Lion president Cathy Green Burns has left the company and is being succeeded by Beth Newlands Campbell as part of a major organizational shakeup at Delhaize America, according to published reports.

December 3, 2012

Supervalu on Friday confirmed that a previously announced review of strategic alternatives is proceeding, sparking a slight run on the company's stock.

December 3, 2012

Johnson & Johnson has announced that Alex Gorsky will assume, effective Dec. 28, the chairman title and additional leadership responsibilities for the global health care company.

December 3, 2012

Pfizer on Friday announced that it has completed the sale of its nutrition business to Nestlé for $11.9 billion in cash, following the conclusion of the required regulatory process in most markets.

December 3, 2012

Overall, promotional trade spend for Black Friday was down 15% for 2012 compared to 2011, according to an ECRM report released last week.

November 30, 2012

By the time it had unveiled the latest evolution of its hot, new Wellness store concept this fall in Lemoyne, Pa., Rite Aid was coming off seven consecutive quarters of Adjusted EBITDA and same-store prescription count growth — the strongest growth period for the company in several years.

November 30, 2012

MINNEAPOLIS — Nash Finch, a Minneapolis-based food distributor, has announced that Kevin Elliott has been appointed EVP, president and COO of Nash Finch Wholesale/Retail.

Elliott previously served as SVP of merchandising, logistics and marketing at 7-Eleven. Elliott worked at 7-Eleven from 2001 to 2010, where he was responsible for overseeing the corporate store and franchise operations as well as 7-Eleven’s national distribution network comprised of 26 distribution centers.

November 30, 2012

Supervalu confirmed on Thursday that the previously announced review of strategic alternatives is proceeding, and it continues to be in active discussion with several parties.

November 30, 2012

Walgreens is welcoming the public on Dec. 1 to the official opening of its 8,000th store nationwide and its first flagship store on the West Coast, located in Los Angeles at the iconic corner of Sunset and Vine.

November 30, 2012

It's only fitting that Walgreens placed its 8,000th store opening among the stars of Hollywood. It's not only a stellar achievement in and of itself, but the company's latest flagship store — and the first one on the West Coast — continues to emphasize Walgreens' out-of-this-world approach to drug store retailing.

Except you can't really call it drug store retailing, anymore. Not really. Because the other reason Hollywood is an appropriate backdrop to Walgreens' West Coast flagship is the fact that Walgreens has effectively transformed its big-box stage into a retail theater where each new grand location portrays a little of that flair in each new urban setting. That was evident in its second flagship store along Broadway in New York with its museum chronologically picturing those who have been honored in the Canyon of Heroes. And it's also evident in the second placement of a Walgreens' flagship store in Chicago.

November 29, 2012

An often-heard remark in arguments between people is, “You’re not looking at the big picture.” But it’s often just as important to look not just at the big picture, but all the little parts that constitute it, especially if you’re the head of store operations for a major retail chain.


November 29, 2012

The retailer saw a worse than expected drop in same-store sales.