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DEERFIELD, Ill. – Walgreens Boots Allianc (WBA) today announced the departure of James Kehoe, Executive Vice President and Global Chief Financial Officer. Mr. Kehoe will leave WBA in mid-August to pursue an opportunity in the technology sector. Manmohan Mahajan, Senior Vice President, Global Controller, has been named Interim Global Chief Financial Officer while the company
NEW YORK — Retail pharmacy continues to burnish its reputation with the American public, through both the personalized care provided by pharmacists and pharmacy staff and through the convenience of digital engagement channels. These are among the key findings of the J.D. Power 2023 U.S. Pharmacy Study, which also found that pharmacy customers are increasingly
WOONSOCKET, R.I. — CVS Pharmacy on Monday marked International Self-Care Day by expanding its one+other lineup with the addition of the new inclusively designed Universal Tools collection. CVS Pharmacy introduced one+other (pronounced ‘one another’) in January, describing it as a beauty and personal care brand created with a mission to democratize access to self-care products so
WOONSOCKET, R.I. — CVS Health has appointed J. Scott Kirby, CEO of United Airlines Holdings, Inc., to serve on the board of directors of CVS Health, effective October 1. “Scott is a strategic leader adept at innovating through technology in a highly regulated, consumer driven industry,” said CVS Health president and CEO Karen Lynch. “His
Walgreens is staking a large claim in the burgeoning retail media business. In this week’s Video Forum, Robert Tompkins, the drug chain’s group vice president and general merchandise manager for health and wellness, and Katie Vogt, senior director of client success at Walgreens Advertising Group, exchange insights about retail media’s growing impact on the
BENTONVILLE, Ark. — Today, Walmart began accepting applications for its tenth annual Open Call event, inviting small business owners and entrepreneurs everywhere to apply for the opportunity to pitch their products to be sold on Walmart or Sam’s Club shelves or on Walmart.com. Applications are open until August 18, 2023. “Open Call is at the heart
SAN DIEGO — The NACDS Total Store Expo is deservedly one of the most highly anticipated events on the retail industry’s calendar. Whether you’re a retailer, supplier or industry enthusiast, attending TSE offers valuable opportunities to connect, learn and grow. It is a big event, with a lot going on. For exhibitors, the show offers
WOONSOCKET, R.I. — CVS Caremark and GoodRx announced the launch of Caremark Cost Saver to help lower pharmacy out-of-pocket drug costs for CVS Caremark clients’ members. Through the new program, CVS Caremark’s eligible members will have automatic access to GoodRx’s prescription pricing to allow them to pay lower prices, when available, on generic medications in
In this week’s Video Forum, JJ Fleeman, recently named chief executive officer at Ahold Delhaize USA, talks about the strengths of the organization and its prospects in the highly competitive grocery sector. Fleeman also discusses his previous assignment as president of Peapod Digital Labs, Ahold Delhaize’s technology arm; the company’s commitment to omnichannel retailing; and
WASHINGTON – The National Retail Federation today released its annual list of the Top 100 Retailers, compiled by Kantar, a global marketing data, insight and consultancy company. The 2023 Top 100 Retailers ranks the industry’s largest companies according to domestic sales. Longtime No. 1 Walmart held its top position with $499.65 billion in U.S. retail sales
PHILADELPHIA — Rite Aid Corp. reported a narrower first quarter loss than analysts had projected, and beat revenue forecasts. The company posted an adjusted loss per share loss of 73 cents, which was much better than Wall Street’s estimate of $1.50. Revenue for the period ended June 3 dipped to $5.653 billion from $6.015 billion
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) on Tuesday reported mixed results for its third quarter, beating analysts’ sales estimates but falling short of profit expectations. Sales for the period ended May 31 advanced 8.6% from the year-ago quarter to $35.4 billion, topping Wall Street’s forecast of $33.79 billion. But adjusted earnings per share came
WOONSOCKET, R.I. — CVS is announcing its new expanded assortment of pet wellness brands and products to shelves and CVS.com spanning grooming supplies, supplements to toys and treats. Serving as the latest customer-driven launch, this curated assortment of products aims to satisfy customer demand for more convenient and accessible proactive wellness options. With the addition
WOONSOCKET, R.I. — This week CVS Health announced an $8.4 million investment with Community Housing of Maine (“CHOM”), the Portland Housing Authority and Boston Financial that will lead to the construction of 52 affordable housing units for older adults as part of the company’s commitment to advancing health equity by addressing social determinants of health at the
