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.

November 29, 2012

When Walgreens and Express Scripts finally came to terms and agreed to again do business with each other in mid-2012, it marked the formal end of one of the costliest disputes in the history of pharmacy retailing and managed care. 


November 28, 2012

Supermarket chain Giant Food of Landover, Md., donated $25,000 to the Marine Toys for Tots Foundation to support children in need across the Mid-Atlantic region this week, the Ahold-owned chain said.

November 28, 2012

L&R Distributors on Wednesday acquired the assets of SAJ Distributors, along with the private-label line Select Brand, from Walgreens.

November 28, 2012

As New York City enjoyed the first snowfall of the winter season, industry leaders gathered for the 14th annual Industry Issues Summit to discuss the top issues and trends impacting the industry, including the importance of seizing “whitespaces.”

November 28, 2012

Nutramax Laboratories on Wednesday announced the nationwide launch of Cosequin for Dogs into Walmart stores.

November 27, 2012

A division of Quality Systems has teamed up with Microsoft to develop and launch what it called the first joint consumer-based mobile healthcare information technology application for the Windows 8 platform.

November 27, 2012

Reckitt Benckiser on Tuesday announced the appointment of Suzanne LoGalbo to the position of regulatory affairs director, Reckitt Benckiser North America.

November 27, 2012

Target will sponsor a tour across Canada that will visit more than 20 communities ahead of the planned opening of its stores in the country, the mass-merchandise retailer said Tuesday.

November 26, 2012

Brynwood Partners VI on Monday announced that it has sold its Balance Bar Company, which manufactures nutrition and energy bars, to NBTY.

November 26, 2012

Retailers saw increased foot traffic this Black Friday, but that didn't generate higher sales, according to ShopperTrak, the world's largest counter of retail foot traffic.

November 26, 2012

Target will unveil an exclusive collection of shoes made by Sam and Libby starting in May 2013, the mass merchandise retailer said Monday.

November 21, 2012

Dollar General, for the seventh consecutive year, is partnering with St. Judes Children's Research Hospital for their Thanks and Giving campaign and the U.S. Marine Corps Toys for Tots Foundation.

November 19, 2012

As the holiday shopping season officially kicks off, CVS/pharmacy has announced that it is offering shoppers deals on gifts both online and in-store on Black Friday and Cyber Monday. Plus, additional savings and rewards are available for ExtraCare members.

November 19, 2012

CVS/pharmacy on Monday announced its annual in-store fundraiser for the ninth year to support the St. Jude Children's Research Hospital Thanks and Giving campaign, a holiday program that raises awareness and funds for the research and care provided at St. Jude.

November 19, 2012

Duane Reade, which is owned by Walgreens, has announced a seven-week social media campaign to raise awareness of Duane Reade brand hosiery products — produced by Doris Hosiery Mills.

November 19, 2012

Walmart is rapidly expanding its impact on pharmacy by opening its smaller 45,000-sq.-ft. Neighborhood Market stores at a faster pace, while also experimenting with the even smaller 15,000-sq.-ft. Walmart Express format.

November 16, 2012

Kroger announced Thursday it will acquire the outstanding shares of Axium Pharmacy Holdings, a leading specialty pharmacy, and merge the two companies. By now, it should be clear that specialty is becoming an increasingly important part of the retail pharmacy mix, having grown more than sixfold in revenues between 2000 and 2011, with everyone from Rite Aid to Costco to Hy-Vee biting off a piece for themselves.

As Specialty Pharmacy magazine reported in its fall 2012 issue, specialty drug development is starting to play a much bigger role in drug development overall than traditional pharmaceuticals. According to the IMS Institute for Healthcare Informatics, seven of the top 20 drug therapy classes will be in specialty by 2016, including cancer, autoimmune disorders and antivirals, and specialty and bioengineered drugs remain one of the few growth centers in the drug industry in 2012. And according to Express Scripts, the market for specialty and bioengineered drugs is expected to grow from 2011's 17.1% to 22% by 2014.