June 1, 2017

Comparable store sales for May included a negative 1% impact as a result of the sale of low productive discontinued inventory versus May of last year.

May 31, 2017

Under the acquisition, MedCart will continue to operate as it did before, but as a new business unit under Albertsons’ pharmacy team structure, with the leadership team reporting directly to Albertsons group VP pharmacy operations, Dain Rusik.

May 31, 2017

Though CVS Pharmacy saw the launch of 39 locations within Target stores in Colorado in 2016, the new Parker, Colo. location is the first retail location for the chain, and the first of three planned openings in the Denver area this year. 

May 31, 2017

Health Dialog’s Nurse Line provides guidance and information to help people make informed decisions about their medical care.

May 31, 2017

Effective immediately, Nielsen will begin work on creating exclusive trading areas and a retail defined hierarchy on behalf of Family Dollar.

May 31, 2017

Walgreens Boots Alliance is likely to litigate should the Federal Trade Commission sue to block its proposed merger of Rite Aid, Cowen analyst Charles Rhyee opined according to a StreetInsider.com report published Wednesday. Rite Aid's value "remains significant" Rhyee noted. "This leads us to believe if the FTC were to block, WBA would litigate to win Rite Aid," he said. A deadlocked FTC is also a possibility, according to Rhyee. "The FTC Chairman, Maureen Ohlhausen, who is likely more favorable to the transaction, could use the 1-1 vote as leverage to build consensus and arrive at a consent decree." (StreetInsider.com)

May 30, 2017

With AmazonFresh Pickup, which allows Amazon Prime members to order groceries online and pick them up in as little as 15 minutes, has moved out of the pilot stages and is now available to a wider range of Amazon Prime customers.

May 30, 2017

CVS Health highlighted its efforts to help curb the opioid abuse epidemic, from offering prescription free naloxone to providing unused drug disposal kiosks and having its pharmacists teach students about the dangers of prescription drug abuse and misuse. 

May 26, 2017

After missing Street estimates for earnings and revenue in its second quarter, Costco returned to form in its third quarter.

May 26, 2017

The CVS Health Baseball Camp marked its seventh year Thursday, bringing 20 veterans from Massachusetts and Rhode Island to Fenway Park in Boston to work with Red Sox hitting coaches one-on-one.

May 26, 2017

In honor of Memorial Day, Food Lion will offer a 10% discount to all retired and active military and their families. 

May 26, 2017

 With flu season winding down, Walgreens on Friday released its final Flu Index of the 2016-17 season, noting which markets saw the most activity based on aggregate prescription data between October 2016 and April.

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

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 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.