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Retail News Breaks Archives

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Week of Mon, Mar 3rd, 2014

Safeway, Albertsons unveil merger deal

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 affiliates with N.J. medical center

MinuteClinic has entered a clinical collaboration with Robert Wood Johnson University Hospital (RWJ) , a leading academic medical center and health network in New Jersey.

Rite Aid sees comp-store sales edge up in February

Comparable-store sales rose in February at Rite Aid Corp. in spite of continued slow flu-related sales.

Reports: Target CIO leaves company

In the wake of Target Corp.'s massive data breach, chief information officer Beth Jacob reportedly has resigned from the company.

MinuteClinic allies with southeastern Pennsylvania health network

MinuteClinic has affiliated with Philadelphia-area health system Main Line Health.

Walgreens' same-store sales climb in February

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, Publix are named as Customer Service Champions

Good Neighbor Pharmacy and Publix Super Markets were among 50 companies recognized as 2014 Customer Champions by J.D. Power & Associates.

Ahold USA appoints president of Giant/Martin's unit

Former Save-A-Lot executive Tom Lenkevich has joined Ahold USA's Giant/Martin's division as president.

Community pharmacy group targets preferred networks

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 begins offer for remaining shares of Celesio

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.