Rite Aid reported a net loss of $241.3 million, or $4.39 per share, for its fourth quarter, compared to a net loss of $389.1 million, or $7.18 per share in the year-ago period. The adjusted net loss of $68.2 million, or $1.24 per share, was wider than the 78 cents per share expected
Salsify, the platform empowering brand manufacturers, distributors, and retailers to win on the digital shelf, announced the findings of new consumer research that reveals this is the era of the store brand with 63% of shoppers choosing store brands or private labels due to their low prices.
According to an article in Bloomberg Law News, Rite Aid Corp. has a temporary new top legal executive to guide the drugstore chain as it faces opioid litigation and fallout over U.S. abortion drug distribution.
Bayer brand Claritin announced the launch of its new integrated creative campaign that shares there is no room for allergy fog, which is another way some consumers refer to their allergy symptoms. Claritin provides powerful allergy relief.
George Weston Limited and Loblaw Cos. jointly announced Tuesday the appointment of Per Bank as president and chief executive officer of Loblaw. He will formally join the company by Q1 2024.
CVS Health announced Tuesday that it has completed the installation of time delay safes in more than 9,000 CVS Pharmacy locations, including those in Target stores.
CVS Health announced that Brian Kane will join the company as executive vice president and president of Aetna, effective September 1, 2023. He will become a member of the company’s executive leadership team and report to CVS Health president and CEO Karen Lynch.
VAUGHAN, Ontario – Bausch + Lomb Corp. announced its exclusive ONE by ONE and Biotrue Eye Care Recycling programs have recycled a total of 65.
KISS Colors & Care announces the launch of KISS Colors & Care Foundation, a philanthropic program established to create positive, lasting change to underserved communities by providing robust educational and career development resources.
Cardinal Health announced Monday that it is celebrating the opening of two new distribution centers in Central Ohio this month. Both facilities will support the company’s Medical Segment, focusing on its U.S. Medical Products and Distribution (USMPD) and at-Home Solutions businesses.
Joe Mollica may have a new title at LNK International, but he’s been an integral part of his family’s business for more than 40 years. Mollica assumed the role of chief executive officer, succeeding his father, who stepped down earlier this year.
Walmart chief merchandising officer Charles Redfield will be stepping down from his post next month. Walmart U.S. CEO John Furner said in an employee memo on Friday that Redfield will leave the role on May 1 to spend more time with his family. He will stay on as an advisor for the
ALEXANDRIA, Va. – The National Community Pharmacists Association is cheering today’s announcement by the U.S. Department of Health and Human Services that extend certain pharmacist authorities through December of 2024.
ARLINGTON, Va. –The National Association of Chain Drug Stores (NACDS) is applauding the Biden Administration’s announcement today that it plans to preserve much of the pharmacy access that now is relied on and expected by Americans, through moves advocated by NACDS for more than a year.
WASHINGTON – Retail sales slowed in March, but spending was still higher than the same time last year, the National Retail Federation said Friday. “Retail sales moderated in March after posting strong gains in the first two months of the year,” NRF President and CEO Matthew Shay said.
