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Special section celebrates NACDS’ 90th anniversary

Special section celebrates NACDS’ 90th anniversary

Read the December 11th issue of Chain Drug Review, which includes a special section commemorating the 90th anniversary of the founding of the National Association of Chain Drug Stores. The 56-page section is presented by CDR, Drug Store News and the Emerson Group.  Here is the link for the issue:  http://digitaledition.chaindrugreview.com/publication/?i=809929. The section begins on page

Walgreens expands COVID-19 and flu testing and treatment offerings

Walgreens expands COVID-19 and flu testing and treatment offerings

DEERFIELD, Ill. – Walgreens is offering flu and COVID-19 testing appointments nationwide as the U.S. heads into the holidays and the winter months that typically coincide with peak respiratory illness season. Individuals can visit Walgreens.com/Testing, use the Walgreens app to schedule an appointment. Walgreens also provides various in-store and at-home testing and treatment options to help everyone

CVS showcases strategies for accelerating long-term growth

CVS showcases strategies for accelerating long-term growth

WOONSOCKET, R.I.— At its 2023 Investor Day on Tuesday, CVS Health is sharing how its strategy and combination of assets drives reliable, diversified, and accelerating earnings growth, while also delivering superior care and value to millions of Americans. In addition, the company will introduce a new pharmacy reimbursement model, announce a new brand for its

Walgreens launches Rx Savings Finder

Walgreens launches Rx Savings Finder

DEERFIELD, Ill. – Walgreens announced Thursday the launch of its new Rx Savings Finder, a simple-to-use digital tool designed to help customers save money on prescription medications. Rx Savings Finder finds free, third-party discount cards, providing patients with a quick and easy way to find lower prices on their Walgreens medications. “Inflation not only impacts

Thanksgiving holiday weekend sees record number of shoppers

Thanksgiving holiday weekend sees record number of shoppers

WASHINGTON – A study released Tuesday by the National Retail Federation and Prosper Insights & Analytics reported a record 200.4 million consumers shopped over the five-day holiday weekend from Thanksgiving Day through Cyber Monday, surpassing last year’s record of 196.7 million. The figures surpassed NRF’s initial expectations of 182 million shoppers by more than 18

Video Forum: Sarah Davidson, ECRM

Video Forum: Sarah Davidson, ECRM

  In this week’s Video Forum, Sarah Davidson, executive vice president at ECRM, reflects on the company’s upcoming 30th anniversary in 2024. She discusses the evolution of ECRM over the course of the three decades since it was founded by Charlie Bowlus and — after the pandemic necessitated a shift to virtual sessions — plans

Thanksgiving weekend to draw record crowds

Thanksgiving weekend to draw record crowds

WASHINGTON – An estimated 182 million people are planning to shop in-store and online from Thanksgiving Day through Cyber Monday this year, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. This figure is 15.7 million more people than last year and is the highest estimate since

Publix to change its top leadership

Publix to change its top leadership

LAKELAND, Fla. — Publix chief executive officer Todd Jones will become executive chairman, effective January 1, the company said. On that date Kevin Murphy will be promoted from president to CEO, and senior vice president John Goff will be promoted to president. Current chairman Ed Crenshaw will remain on the board of directors as Chairman

Walmart tops estimates for earnings, revenue

Walmart tops estimates for earnings, revenue

BENTONVILLE, Ark. — Walmart today topped estimates for its fiscal third-quarter earnings on strong grocery sales and the gains in its e-commerce business. The retailer posted net income of $453 million, or 17 cents a share, in the 13 weeks to October 27. That compares to a $1.8 billion loss in the year-earlier quarter due

Target’s Q3 earnings exceed expectations

Target’s Q3 earnings exceed expectations

MINNEAPOLIS — Target Corp. today posted better-than-expected earnings for its fiscal third quarter despite another decline in comparable-store sales. Shoppers remain cautious, the company said, but did spend for necessities like food, school supplies and beauty aids. CEO Brian Cornell cited pressures like higher interest rates, increased credit card debt and reduced savings rates which

NACDS 90th Anniversary Celebration

NACDS 90th Anniversary Celebration

The industry will soon come together to recognize the National Association of Chain Drug Stores for its myriad contributions to retailing and health care over the past nine decades. Scott Emerson, founder and CEO of the Emerson Group, and Lisa Paley, president of Haleon’s North American business, talk about plans for the event and how

Walgreens making changes in leadership

Walgreens making changes in leadership

DEERFIELD, Ill. — Walgreens Boots Alliance is once again making leadership changes and trimming its corporate staff. In yet another round of layoffs, 267 corporate level workers will lose their jobs, representing 5% of the company’s total corporate workforce, according to a memo obtained by Crain’s Chicago Business. Luke Rauch, chief merchandising officer; Kevin Ban, WBA’s

WBA sells shares of Cencora for $674 million of initial proceeds

WBA sells shares of Cencora for $674 million of initial proceeds

DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) announced that it has sold shares of Cencora, Inc. common stock pursuant to variable prepaid forward transactions executed in reliance on Rule 144 under the Securities Act of 1933, as amended, for current proceeds of approximately $424 million and, depending on the stock price at the time, potentially

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