June 20, 2011

Target is poised to become an even more significant player in the world of health, wellness and beauty in the coming years, assuming the company can execute a range of initiatives designed to grow sales to $100 billion and double earnings per share to at least $8.


June 20, 2011

Who’s clipping coupons? Ironically, coupon redemptions in the wake of the Great Recession are heaviest among higher-income, better-
educated Americans, researchers reported.


June 20, 2011

After piloting a food recovery program in 2009 and expanding it to all of its stores last year, Winn-Dixie announced Monday that it has provided more than 6 million meals to the affiliate food banks of Feeding America.

June 17, 2011

Many adults across the United States opted to visit their local drug store or supermarket to receive their flu shot during the 2010-2011 influenza season, according to the Centers for Disease Control and Prevention's "Morbidity and Mortality Weekly Report."

June 17, 2011

Walmart is moving forward with what could be characterized as a rollout of its Neighborhood Market format nearly 13 years after the first unit opened in fall 1998. Just don’t call it a Neighborhood Market.

June 17, 2011

Things just got a whole lot more interesting in the mid-tier department store space now that JCPenney has hired former Apple executive Ron Johnson to be its CEO. Johnson is a former Target merchandising executive who for the past 11 years oversaw the growth of Apple’s wildly successful and widely heralded retail operation.

June 17, 2011

Leonard Green & Partners and CVC Capital Partners said Friday they are making a joint buyout bid worth an undisclosed amount for BJ's Wholesale Club.

June 16, 2011

ADT Commercial is offering a centrally managed service to retailers that provides them with a hosted video recording and management system.

June 16, 2011

Specialty pharmacy provider Axium Healthcare Pharmacy has introduced two recently approved hepatitis C drugs to its HepVisions therapy management program, the company said Thursday.

June 16, 2011

Review websites have become an essential tool for the discriminating consumer, so it's only natural that one would crop up for consumer goods.

June 16, 2011

Kroger reported strong first-quarter results and marked 30 consecutive quarters in which identical-store sales increased, the supermarket retailer announced Thursday.

June 16, 2011

The Windy City’s problem with food deserts is getting attention from the city’s mayor and some of the country’s top retailers, according to published reports.

June 16, 2011

Stop & Shop has commenced a fundraising campaign to benefit victims of the recent tornadoes in Massachusetts.

June 16, 2011

The private-label trend at retail continues to gain steam as Supervalu CEO Craig Herkert shared plans last month at the company's annual shareholders meeting to expand Supervalu's private-label program now through February 2012.

June 15, 2011

Drug Store News has learned that Tim Canning, president of McKesson’s Health Mart division, is leaving the company to take the position of SVP and chief marketing officer at Omnicare. The move is effective June 17.

June 15, 2011

A pharmacy purchasing cooperative announced that Mark LaPorte has joined its team as VP marketing.

June 15, 2011

An investment group that holds approximately 3 million shares of Rite Aid stock is calling for an overhaul of the retail pharmacy chain’s board ahead of its annual stockholders meeting next Thursday.

June 15, 2011

The “Today Show” special program “Lend a Hand” will get a hand from one of the country’s largest independent pharmacy networks.

June 15, 2011

Lewis Drug's VP professional services William "Bill" Ladwig has been selected as the recipient of the 2011 Hustead Award by the South Dakota Pharmacists Association, Lewis Drug has announced.

June 15, 2011

Natural food retailer Mrs. Green's Natural Market confirmed its acquisition of seven Superfresh grocery locations in Maryland and one Superfresh location in Washington, D.C., from the Great Atlantic and Pacific Tea Co.

June 15, 2011

There are better ways to reduce expenses for Tricare beneficiaries than to restrict access to community pharmacy. What's more, Congress should adopt alternative cost-saving strategies, including utilizing local pharmacists. That was a key message in an op-ed co-authored by the National Association of Chain Drug Stores and the National Community Pharmacists Association and published June 13 in The Hill's Congress Blog.

June 15, 2011

A new survey recently conducted by the University of Florida found that retailers lost $37.1 billion in theft last year, up nearly $4 billion from 2009.

June 14, 2011

According to a post Monday from extreme couponer and Walgreens fan Christie Hardcastle, American Baby magazine is shipping out a Walgreens Infant Care Booklet mailer to subscribers.

June 14, 2011

Rising unemployment claims, coupled with rising food and energy prices, prompted a decline in consumer spending outlook for May, according to Deloitte.