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U.S. retail sector on track for healthy sales growth

U.S. retail sector on track for healthy sales growth

For 2017, the U.S. retail industry stands to turn in solid sales growth, including healthy holiday retail sales, despite continued pressure on operating results, according to Moody’s Investors Service. Moody’s pegs 2017 U.S. retail sales growth at 3% to 4%, upholding its previous outlook.

Lynne Fruth named a Wonder Woman

Lynne Fruth named a Wonder Woman

Fruth Pharmacy president Lynne Fruth has been named a West Virginia Wonder Woman by WV Living magazine. WV Living chose a number of women for this year’s honor. The magazine wanted to recognize women who were making their communities, state and world a better place to live. Fruth joined the ranks

CVS kicks off in-store fundraiser for cancer research

CVS kicks off in-store fundraiser for cancer research

CVS Health has launched its fourth annual in-store fundraising campaign to benefit Stand Up To Cancer (SU2C) at CVS Pharmacy stores nationwide. Through Nov. 19, CVS Pharmacy customers can support Stand Up To Cancer by making a $1, $3 or larger donation at checkout or online at StandUpToCancer.

Analyst: Latest Amazon pharmacy fears overblown

Analyst: Latest Amazon pharmacy fears overblown

Fears among pharmacy players and investors that e-tail giant Amazon plans to enter the industry may be overblown — at least for the time being, according to Jefferies analyst Brian Tanquilut. Pharmacy stocks, including pharmacy retailers and suppliers, have taken a pounding since the St.

NRF to honor Walmart’s Doug McMillon as ‘Visionary’

NRF to honor Walmart’s Doug McMillon as ‘Visionary’

The National Retail Federation will recognize Walmart president and chief executive officer Doug McMillon as “The Visionary,” an annual award honoring outstanding retail industry leaders The award will be presented to McMillon at the 2018 NRF Foundation Gala on Jan. 14 in New York City.

Rite Aid, BJ’s gain in retail customer experience

Rite Aid, BJ’s gain in retail customer experience

Rite Aid and BJ’s Wholesale Club saw the largest gains among food, drug and mass retailers in Forrester’s U.S. 2017 Customer Experience Index (CX Index). Forrester’s CX Index, based on a survey of about 120,000 U.S. online adult consumers, measures and ranks more than 300 U.S.

PerceptiMed names senior director of manufacturing

PerceptiMed names senior director of manufacturing

Kesavan Srikumar has joined pharmacy automation provider PerceptiMed Inc. as senior director of manufacturing. PerceptiMed noted that Srikumar brings more than 30 years of manufacturing experience to the company. Previously, he held management positions at Solectron, Flextronics and Aviat Networks.