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CDR

Rite Aid sees dip in September same-store sales

Same-store sales tailed off in September at Rite Aid Corp. but improved compared with the previous month’s results. For the four weeks ended September 26, Rite Aid’s same-store sales fell 0.3%, marking the drug store chain’s fourth consecutive month of same-store declines.

Ex-Supervalu executive lands at Wal-Mart Canada

Ex-Supervalu executive lands at Wal-Mart Canada

Former Supervalu Inc. executive Duncan Mac Naughton has joined Wal-Mart Canada Inc., Chain Drug Review has learned. Mac Naughton is slated to serve as chief marketing officer at the Canadian arm of the discount retail giant, according to industry sources.

Walgreens 4Q earnings top analysts’ forecast

Fueled by a robust sales gain, Walgreen Co. bested Wall Street analysts’ profit projections for its fiscal fourth quarter but saw earnings slip year over year. The drug store chain said Tuesday that sales for the quarter ended August 31 climbed 7.6% to $15.7 billion from $14.

Bloom adds supply chain role at CVS

CVS Caremark Corp. has named Mike Bloom senior vice president of merchandising and supply chain. In his new role, Bloom will continue to be responsible for CVS’ front-end merchandising and category management, but he also will now oversee the chain’s distribution and inventory operations.