Alliance Boots on Monday announced it has acquired full ownership of UniDrug Distribution Group, its pre-wholesale and contract logistics joint venture in the United Kingdom, from UDG Healthcare for a consideration of around £66 million ($110.4 million) for the 50% shareholding it did not already own.
Supervalu announced that it experienced an intrusion into the part of its computer network responsible for processing payment card transactions. The company's retail food stores and some of its associated stand-alone liquor stores were affected by the breach.
Walmart held its second U.S. Manufacturing Summit in Denver on Thursday, using the occasion to dole out the first of $10 million in grants designed to stimulate innovation and the creation of U.S. jobs.
Walmart met low second-quarter sales and profit expectations it set for itself, but significantly lowered its full year outlook due to a tepid third-quarter sales forecast and increased e-commerce and healthcare costs.
CVS/pharmacy has unveiled a cause marketing campaign to support Boys & Girls Clubs of America's Great Futures Campaign, a new initiative to raise awareness about the critical role of out-of-school time and empower the next generation of youth on their path to a great future.
Following Walgreens' decision to acquire the rest of the Alliance Boots business — and to keep its headquarters based in the greater Chicago area — Sen. Dick Durbin, D-Ill., weighs in on the decision in a brief video.