January 30, 2024 by Chain Drug Review
NRF Survey foresees solid Valentine’s Day sales
Business, Featured Articles, Leading Headlines, Retail News
WASHINGTON – Americans are expected to spend a record $14.2 billion on their significant others this Valentine’s Day, according to the annual survey by the National Retail Federation and Prosper Insights & Analytics. “Retailers are ready to help customers this Valentine’s Day with meaningful and memorable gifts,” NRF President and CEO Matthew Shay said.
January 25, 2024 by Chain Drug Review
WBA stockholders elect Robert Huffines to board
Featured Articles, Leading Headlines, Retail News
DEERFIELD, Ill. — Walgreens Boots Alliance, Inc. (WBA) announced the election of Robert (Robbie) Huffines to the company’s board of directors at its 2024 Annual Meeting of Stockholders. He joins the board as an independent director and will serve on the board’s Finance and Technology Committee. Huffines currently serves as Global Chairman of Investment Banking
January 24, 2024 by Chain Drug Review
Featured Articles, Leading Headlines, Retail News
MINNEAPOLIS — Target Corp. announced on Wednesday that it is introducing more than 1,000 new wellness-related products starting at just $1.99 to support guests on their wellness journey without stretching their budgets. From apparel and accessories to supplements, vitamins and the latest tech, Target is offering one-stop-shopping where guests can feel celebrated and supported in living well. “Wellness
January 19, 2024 by Chain Drug Review
FMI honors seven exemplary food industry leaders
Featured Articles, Leading Headlines, Retail News, Supplier News
MARCO ISLAND, Fla. – FMI — The Food Industry Association on Friday presented its 2024 Executive Leadership Awards to seven executives who “exemplify excellence in the food industry through innovative leadership, community outreach, and stellar customer service.” The 2024 awards, presented at FMI’s Midwinter Executive Conference, went to: Brookshire’s Brad Brookshire; KeHe Distributors’ Brandon Barnholt;
January 17, 2024 by Chain Drug Review
CVS Health/Harris Poll survey reveals 84% of consumers say pharmacists play a critical role in providing health care
Featured Articles, Leading Headlines, Pharmacy, Retail News
WOONSOCKET, R.I. — CVS Health has released The Rx Report: The future of community pharmacy opens doors to healthier communities, which outlines the evolution of consumers’ expectations of community pharmacy and how local pharmacies continue to add value to the health care system, especially for vulnerable populations, to help close gaps in care. The report also
January 16, 2024 by Chain Drug Review
Rite Aid announced the launch of its same-day delivery service for Rite Aid customers within 15 miles of select store locations.
Featured Articles, Leading Headlines, Retail News
PHILADELPHIA – Rite Aid announced the launch of its same-day delivery service for Rite Aid customers within 15 miles of select store locations. Rite Aid customers can shop over 17,000 essential health and personal care, grocery and household items for same-day delivery and receive their order right to their door within three hours by selecting
January 16, 2024 by Jeffrey Woldt
Kroger, Video Forum: Rodney McMullen
Featured Articles, Leading Headlines, Retail News, Videos
This week’s Video Forum features Kroger chairman and CEO Rodney McMullen, newly named Retailer of the Year at MMR (Chain Drug Review‘s sister publication). McMullen discusses some of the major initiatives that have helped make the company the nation’s premier operator of traditional supermarkets. In addition, he shares his thoughts about Kroger’s pending $24.6 billion
January 11, 2024 by Chain Drug Review
award-winning retail brand., Edeker has transformed the regional grocer into a nationally recognized, Randy Edeker is a visionary force who has left an undeniable mark on the retail industry. Since taking the helm of Hy-Vee as chairman and chief executive officer in 2012
Featured Articles, January 8, 2024, Leading Headlines, Retail News
WEST DES MOINES, Iowa — Randy Edeker is a visionary force who has left an undeniable mark on the retail industry. Since taking the helm of Hy-Vee as chairman and chief executive officer in 2012, Edeker has transformed the regional grocer into a nationally recognized, award-winning retail brand. Edeker, who currently serves as Hy-Vee’s executive
January 10, 2024 by Bill Schiffner
Regional Chain of Year honor goes to Kinney
Featured Articles, January 8, 2024, Leading Headlines, Retail News
GOUVERNEUR, N.Y. — Kinney Drugs can trace its history back to over 120 years ago when Burt Kinney established the very first store here in 1903. Over the next 95 years, the company slowly expanded to nearly 100 retail locations throughout upstate New York and Vermont. Beginning in 1998, Kinney Drugs began to diversify across
January 9, 2024 by Geoff Walden
CVS’ Balbale is top merchant
Featured Articles, January 8, 2024, Leading Headlines, Retail News
WOONSOCKET, R.I. — CVS Health has a unique opportunity, says chief merchandising officer Musab Balbale, and it’s twofold. First, as an operator of more than 9,000 stores focused on health and wellness, it has the ability to connect with members of the community seeking vital information, products and services. The company’s acquisitions of Oak Street
January 8, 2024 by Jeffrey Woldt
Walmart saluted as Health Care Provider of the Year
Featured Articles, January 8, 2024, Leading Headlines, Retail News
BENTONVILLE, Ark. — In the realm of health and wellness, the endpoint is where Walmart begins. After first gaining a thorough understanding of patients, customers and their needs, the company has set out to construct a dynamic ecosystem that promises to transform the way in which Americans get and stay well. In light of the
January 5, 2024 by Chain Drug Review
CVS Health announces leadership appointments
Business, Featured Articles, Leading Headlines, Pharmacy, Retail News
WOONSOCKET, R.I. — CVS Health announced several leadership updates, effective immediately: • Senior vice president of Corporate Finance and interim CFO, Tom Cowhey, has been formally appointed the company’s next CFO. • CEO of Oak Street Health and interim lead of health care delivery, Mike Pykosz, has been formally appointed president of health care delivery. •
January 5, 2024 by Chain Drug Review
ExtraCare® is now one easy savings membership with two tiers
Featured Articles, Leading Headlines, Retail News
WOONSOCKET, R.I. — CVS Pharmacy announced the evolution of its loyalty program to include two membership tiers: ExtraCare and ExtraCare Plus. ExtraCare: The popular, no-fee loyalty program through which members can save hundreds of dollars through sale prices, email, and text personalized Deals For You, 2% back in ExtraBucks Rewards and more, is now simpler
January 4, 2024 by Chain Drug Review
first quarter, Pessina, WBA, Wentworth
Featured Articles, Leading Headlines
DEERFIELD, Ill. — Walgreens Boots Alliance topped Wall Street’s expectations for first quarter sales and earnings, but slashed its quarterly dividend nearly in half. WBA cut its dividend to 25 cents per share from 48 cents per share, reducing the payout for the first time in nearly five decades. New CEO Tim Wentworth, who took