Retail News Breaks Archives

Week of Mon, Oct 29th, 2012

H.D. Smith wraps up Valley Wholesale Drug purchase

H.D. Smith has finalized its acquisition of Valley Wholesale Drug.

New food/drug chief named at Kmart

Kmart parent Sears Holdings Corp. has hired Ryan Vero as senior vice president and president of grocery, drug and pharmacy.

Walgreens' hurricane recovery effort is under way

The Hurricane Sandy recovery effort has begun at Walgreen Co., which reported that it's continuing to reopen stores impacted by the devastating storm.

CVS enhances ExtraCare diabetes program

CVS/pharmacy has expanded its ExtraCare Advantage for Diabetes program with additional savings and benefits for members.

Rite Aid gauges sales impact of Hurricane Sandy

Rite Aid Corp. said consumer preparations for Hurricane Sandy gave a lift to same-store results in October but reported that the storm will negatively impact comparable-store sales for November.

Walgreens, Alliance Boots form joint venture

Walgreen Co. and Alliance Boots have set up a joint venture company as part of their strategic partnership.