Retail News Breaks Archives
Safeway Inc. has agreed to be acquired by AB Acquisition LLC, parent of the Albertsons supermarket chain and an affiliate of Cerberus Capital Management LP, in a deal valued at more than $9 billion.
MinuteClinic has entered a clinical collaboration with Robert Wood Johnson University Hospital (RWJ) , a leading academic medical center and health network in New Jersey.
Comparable-store sales rose in February at Rite Aid Corp. in spite of continued slow flu-related sales.
In the wake of Target Corp.'s massive data breach, chief information officer Beth Jacob reportedly has resigned from the company.
MinuteClinic has affiliated with Philadelphia-area health system Main Line Health.
Comparable-store sales growth at Walgreen Co. picked up in February as the drug chain saw gains in both the front end and pharmacy. The company said, however, that the nation's rough winter weather shaved comp-store growth in the second quarter.
Good Neighbor Pharmacy and Publix Super Markets were among 50 companies recognized as 2014 Customer Champions by J.D. Power & Associates.
Former Save-A-Lot executive Tom Lenkevich has joined Ahold USA's Giant/Martin's division as president.
A group of independent and rural pharmacies has formed AccessRx America, a coalition to preserve pharmacy choice for seniors under the Medicare Part D program.
McKesson Corp. is following through on its plan to buy the rest of Celesio AG, the Germany-based pharmaceutical distributor it acquired in late January.