May 25, 2017

According to the retailer, the outstanding balance was owed by Dollar Express, which acquired stores that the FTC required the company to divest. 

May 25, 2017

Grocery and household, apparel and home categories were also cited as the primary reasons why Kmart’s comparable-store sales decreased 11.2% during 2017 Q1, stated parent company Sears Holdings.

May 25, 2017
Walmart’s share of the $800 billion grocery market has grown to 21.5%, according to a report from CNBC that highlights Loop Capital analyst Andrew Wolf’s assessment of the retailer’s recent first-quarter results. Wolf notes that in Q1, Walmart outperformed U.S. supermarkets by 2.9%, which is up from the 1.6% outperformance it showed in Q4 2016. (CNBC)
May 24, 2017

“We want to be more impactful to the people we serve and continue to build up our portfolio of products,” Larry Merlo said during the UBS Healthcare Conference in New York City.

May 24, 2017

Bowen began his career with Jay C in 1971 as a produce department manager before taking a military leave of absence to serve in the U.S. Army from 1972 to 1976.

May 24, 2017

All veterans, active duty military personnel and their immediate family members, including the families of those who lost their lives in service to their country, will receive 20% on eligible store items.

May 23, 2017

Karl Varsanyi, Albertsons’ new group VP product management and user experience, and Ramiya Iyer, who was named group VP IT digital and marketing/merchandising, possess a collective 30 years of experience in digital leadership. 

May 23, 2017

The beauty retailer plans to open some 40 stores in 2017, according to a report by the Chicago Tribune.

May 23, 2017

The retailer welcomed Arizona Attorney General Mark Brnovich and State Rep. Heather Carter on Tuesday.

May 23, 2017
CVS Health president and CEO Larry Merlo was the guest on Boston’s WBUR radio station’s “Here & Now” Tuesday, speaking with host Jeremy Hobson about such topics as tax reform, Amazon’s potential entry into pharmacy and the ongoing question of what changes will come to health care as the Senate considers the American Health Care Act. “I think there are elements that make sense from the Republican plan, but clearly there are other elements the Republican plan does not deal with,” Merlo said. “I think there are many open questions that have yet to be answered” (WBUR)
May 23, 2017

Roughly three-quarters of visitors to the online platform are taking active follow-up steps, the retailer announced Tuesday, noting that its digital mental health resources also are reaching a broader demographic of consumers.

May 23, 2017

The first year of the program supported 19 student-mentor pairs from 15 schools and colleges of pharmacy. In addition, three students were awarded additional scholarships for their outstanding projects and committed efforts throughout the program.

May 23, 2017

Walgreens Boots Alliance’s SVP communications and international affairs Yves Romestan will be departing the company, according to a report in PRWeek. Laura Vergani, who will become VP international and divisional communications — moving up from her most recent role as VP international communications —will take on many of his responsibilities, the report said. (PRWeek)

 

May 23, 2017

Nearly 80% of respondents reported DIR fees as a very large magnitude challenge, with 83.3% reporting this as a very immediate challenge. Seventy-eight percent of respondents reported MACs not being updated quickly enough to reflect changes in wholesale drug costs as a very large magnitude challenge, with nearly 80% indicating it as a very immediate challenge. 

May 23, 2017

The retail CEO added the U.S. tax code is “broken,” and noted the BAT would more than double the retailer's tax rate to 75%, making it difficult for Target to invest in hiring workers and opening new stores in the United States.

May 23, 2017

Walgreens is focusing more on health, wellness and beauty and it attempts to draw pharmacy customers to the front end.

May 23, 2017

Russian pharmacy retailer expects online sales to account for 10% of total revenue by mid-2018 from just 1% now, its corporate finance director told Reuters.

May 23, 2017

Appearance of company’s co-chief operating officer of Walgreens Boots Alliance will help honor Red Nose Day on May 25.

May 23, 2017

The retailer will open nine new stores across Florida in its current fiscal year, creating more than 800 jobs, and also execute a multi-million-dollar capital investment plan by remodeling more than 40 locations across the state

May 23, 2017

The changes, which go into effect June 24, mean that if an associate’s military salary is less than what they were making at their job at Walmart, the company will pay them the difference while they are on a military leave of absence.

May 22, 2017

Changes set to roll out to roughly 400-640 stores include a focus on the in-store pickup experience, as well as an expansion of organic and fresh offerings and grocery pickup. 

May 22, 2017

The supermarket retailer will set up shop in an 80,000-sq.-ft. space, and will also open a restaurant above the location.

May 19, 2017

McKesson's year-old generics sourcing partnership with Walmart, ClarusONE, has made significant progress, the wholesaler reported.

May 19, 2017

PQA recognizes these plans for the high level of medication management performance in the care of their Medicare members.