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Reports: Walmart to cut 1,000 headquarters jobs

Reports: Walmart to cut 1,000 headquarters jobs

Walmart plans to cut 1,000 or more jobs, mainly at its headquarters, according to published reports. The Walmart job cuts are expected to be enacted by the end of the company’s current fiscal year on Jan. 31, according to The Wall Street Journal.

Strategy to build a new Rite Aid takes shape

Strategy to build a new Rite Aid takes shape

Rite Aid Corp. president and chief operating officer Kermit Crawford said he’s confident the company “will succeed in building the new Rite Aid” following its $4.375 billion asset sale to Walgreens Boots Alliance (WBA).

CVS Health unveils outlook for fiscal 2018

CVS Health executives expressed confidence in the company’s growth strategy earlier this month, and also noted that the recently passed tax overhaul packaged should boost its cash flow by an estimated $1.2 billion.

ACA enrollment remains steady

Nearly 9 million people signed up for health insurance in the Affordable Care Act’s latest open enrollment period, despite the Trump administration having cut its duration in half. The 8.

Regional chains don’t settle for status quo

Regional chains don’t settle for status quo

With the National Association of Chain Drug Stores gearing up for its annual NACDS Regional Chain Conference, which will run from February 4 through February 6 in Fort Lauderdale, Fla., it is a good moment to appraise that segment of the community pharmacy industry.

Patients, not PBMs, should choose pharmacy

Patients, not PBMs, should choose pharmacy

In recent testimony before the House of Representatives Energy and Commerce Subcommittee on Health, National Community Pharmacists Association (NCPA) chief executive officer B.

Sam’s Club to shut 63 stores

Sam’s Club to shut 63 stores

Sam’s Club plans to close 63 of its U.S. outlets in the next few weeks. The Walmart warehouse club chain said Thursday that the move will leave it with 597 locations, most of which also house pharmacies.

KISS gets word out about lash innovations

KISS gets word out about lash innovations

KISS Products Inc. has blended innovation and social media savvy to drive market share in the booming eyelash category. KISS said it has climbed to No. 1 in the U.S. false eyelash segment in terms of dollar and unit sales, based on Nielsen market data. The company attributes its growth

Rite Aid sounds call for vaccinations as flu season peaks

Rite Aid sounds call for vaccinations as flu season peaks

Heightened influenza activity nationwide has prompted Rite Aid Corp. to spotlight its pharmacies as a convenient destination to get vaccinated for the flu. Rite Aid said Thursday that the Centers for Disease Control and Prevention (CDC) reports widespread flu activity in 46 states.

Jean Coutu retail network sales climb in 3Q

Jean Coutu retail network sales climb in 3Q

Retail network sales rose in the fiscal 2018 third quarter at the Jean Coutu Group, which posted declined corporate sales and earnings. On Thursday, the company also reaffirmed the closing timetable for its acquisition by Canadian food and drug retailer Metro Inc. The $4.