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PHILADELPHIA — Today, Rite Aid debuted its new ‘It Means More’ ad – spotlighting the retail pharmacy chain’s commitment to its customers, together with the passion and ongoing dedication of its employees to continuously provide unrivaled customer experiences. At a time when personal connections are increasingly valued, Rite Aid is reaffirming its recognition of the
BENTONVILLE, Ark – Walmart Inc. posted revenue growth of 5.7% in the fourth quarter, including a 4% comp sales gain in its Walmart U.S. division. “Our team delivered a great quarter, finishing off a strong year,” chief executive officer Doug McMillon said in a statement. “We crossed $100 billion in eCommerce sales and drove share
MINNEAPOLIS—Target Corp. has introduced its new low-price owned brand, dealworthy, designed to give consumers incredible value on nearly 400 everyday basics. With dealworthy, Target is offering more options at lower prices, starting at less than $1, while strengthening its portfolio of owned brands. dealworthy also is backed by Target’s owned brand promise: If a consumer is not satisfied with
In this week’s Video Forum, Crystal Lennartz, recently named president of Health Mart and Health Mart Atlas, talks about her priorities for the network of independent drug stores. Among the subjects she addresses are the resilience of independents, efforts to revamp pharmacy payment models, and the continuing appeal of drug store ownership.
BONITA SPRINGS, Fla. – At the Opening General Session of the 2024 National Association of Chain Drug Stores (NACDS) Regional Chain Conference today, a central message rang clear: NACDS is committed to winning on pivotal issues and to charting the course for innovation that advances pharmacy and that benefits all Americans. The 2024 Conference —
DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) chief executive officer Tim Wentworth announced Thursday updates to WBA’s Executive Committee as the company advances a health services strategy rooted in its retail pharmacy footprint. “Today’s announcement solidifies the leadership team that will carry WBA into its future as we look to expand our reach beyond neighborhood
WOONSOCKET, R.I. — CVS Health topped analysts’ forecasts for fourth quarter sales and profits, but cut its full year earnings outlook, citing rising medical costs that are hurting the insurance industry. Revenue for the three months ended December 31 climbed 11.9% from the year-ago period to $93.81 billion, beating Wall Street’s estimate of $90.41 billion.
DEERFIELD, Ill. – As a trusted, convenient local healthcare destination that millions of Americans rely on every day, Walgreens is expanding its long-standing relationships with colleges of pharmacy through the formation of the Walgreens Deans Advisory Council to enhance the pharmacy profession and better support pharmacists as they provide valuable care to their local communities.
SEATTLE — Amazon on Thursday reported fourth-quarter sales and earnings that topped analysts’ expectations, driven in part by a “record-breaking” holiday season. The company said its net sales increased 14% to $170.0 billion in the fourth quarter ended December 31, up from $149.2 billion in the fourth quarter of 2022. Net income increased to $10.6
PHILADELPHIA — Rite Aid Corporation has completed the previously announced sale of its Elixir Solutions business to MedImpact Healthcare Systems for approximately $576.5 million. “We are pleased to finalize the sale of Elixir, marking another important milestone in our transformation to strengthen our long-term financial position,” said Jeffrey Stein, Rite Aid’s CEO and chief restructuring
BENTONVILLE, Ark. — Walmart on Wednesday detailed investments in new and remodeled stores that will create new jobs while offering an improved shopping experience for its customers. The planned expansion of its store count marks a change in direction for the retailer, which has not added to its physical presence in recent years. “In the
BENTONVILLE, Ark.– Walmart announced that it will conduct a split of its outstanding shares of common stock at a ratio of 3:1. The stock split is part of Walmart’s ongoing review of optimal trading and spread levels and its desire for its associates to feel that purchasing shares is easily within reach. More than 400,000
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.
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
