MINNEAPOLIS — Target Corp. has hired Mark Tritton as its chief merchandising officer, a role that allows him to determine what appears on store shelves. Tritton will have oversight of the company’s buying, product design and development, sourcing, and store displays. Target hired Tritton after a yearlong search. He succeeds Kathee Tesija, a Target veteran
MINNEAPOLIS — Nordstrom executive Mark Tritton has joined Target Corp. as executive vice president and chief merchandising officer. Target said Tuesday that Tritton will oversee enterprise buying, product design and development, sourcing, visual merchandising strategy, and merchandising transformation and operations. “I’m proud to be joining Target, a brand that I’ve long studied and admired,” Tritton
WOONSOCKET, R.I. — CVS Health reported strong sales gains and topped Wall Street’s consensus earnings forecast for the 2016 first quarter. CVS said Tuesday that for the three months ended March 31, overall revenue climbed 18.9% to $43.2 billion from $36.3 billion a year earlier. Sales in the Retail/LTC Segment, which includes CVS Pharmacy drug stores
WOONSOCKET, R.I. — MinuteClinic’s locations in the Chicago area now include Target stores. CVS Health said Monday that MinuteClinics have opened inside 13 Target stores in Cook, DuPage, Kane and Lake counties in Illinois. Chicago represents MinuteClinic’s largest metropolitan market in the United States. The new retail health clinics give MinuteClinic 56 locations overall in
WOONSOCKET, R.I. — CVS Health has opened its first CVS Pharmacy locations inside Target stores in Utah. CVS said Thursday that the 13 new pharmacies are at Target stores in the Ogden–Clearfield, Provo–Orem, Salt Lake City and St. George, Utah, metropolitan areas. They join 11 CVS Pharmacy drug stores in the state. In Target stores,
NEW YORK — The new landscape of chain drug retailing came into sharper relief over the past year. Integration and consolidation were the themes, as Walgreens Boots Alliance Inc. (WBA) assimilated its global holdings while agreeing to buy Rite Aid Corp., and CVS Health picked up Target Corp. pharmacies as well as long-term-care pharmacy leader
WOONSOCKET, R.I. — CVS Health has opened its first MinuteClinic walk-in medical clinics inside Target stores in the Charlotte and Raleigh-Durham, N.C., markets. CVS said Tuesday that the clinics are located in three stores in Charlotte and Concord and eight stores in The Triangle in Apex, Carey, Durham, Raleigh and Wake Forest. All have been
MINNEAPOLIS — Target Corp. has hired Amazon.com Inc. executive Arthur Valdez to serve as executive vice president, chief supply chain and logistics officer. The discount store chain said Monday that Valdez, who spent the last 16 years with Amazon, will lead Target’s supply chain transformation, including planning, distribution and transportation. Plans call for Valdez to
WESLEY CHAPEL, N.C. — CVS Health has debuted its first rebranded pharmacies inside Target Corp. stores. The pharmacies, in six stores in North Carolina, are being operated through a store-within-a-store format under the CVS/pharmacy banner. CVS, which completed its $1.9 billion purchase of Target’s 1,672 pharmacies and 79 clinics in December, will rebrand the prescription
NEW YORK — Five hair care brands are headlining Texture on the Runway, a showcase for textured hair being held during New York’s Fall 2016 Fashion Week. Taking place on Saturday, Feb. 13, at City Winery in Manhattan, the invitation-only event will put hair center stage, highlighting the latest trends, styles and products for curls,
WOONSOCKET, R.I. — CVS Health saw sales climb by double digits for the 2015 fourth quarter and fiscal year, fueled in large part by its acquisition of long-term care pharmacy provider Omnicare Inc., while adjusted earnings per share were in line with Wall Street’s forecast. CVS said Tuesday that revenue for the fourth quarter ended
WOONSOCKET, R.I., and MINNEAPOLIS — The first CVS pharmacies have opened in six Target discount stores in North Carolina. Branded as CVS Pharmacy, the pharmacies are being operated as store-within-a-store departments and are located in Hickory, Monroe, Morrisville, Raleigh, Matthews and Wesley Chapel, N.C. Executives from CVS Health and Target Corp. — including CVS Pharmacy
MINNEAPOLIS — Target Corp. is launching its own nail care collection, named Defy & Inspire and comprising 38 shades of nail polish as well as a top coat and base. Each item is priced at $7.49 and will be sold exclusively at Target stores beginning January 17, the company said. Defy & Inspire is the
SAN FRANCISCO — McKesson Corp. announced a new distribution pact with CVS Health for Target pharmacies in updating its earnings outlook for fiscal 2016 and providing preliminary guidance for fiscal 2017. McKesson said that for the 2016 fiscal year ending March 31, it now projects adjusted earnings per diluted share of $12.60 to $12.90, compared
