Walmart vows to invest in stores and jobs
Walmart on Wednesday detailed investments in new and remodeled stores that will create new jobs while offering an improved shopping experience for its customers.
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Walmart announces 3-for-1 stock split
BENTONVILLE, Ark.– Walmart announced that it will conduct a split of its outstanding shares of common stock at a ratio of 3:1.
NRF Survey foresees solid Valentine’s Day sales
WASHINGTON – Americans are expected to spend a record $14.2 billion on their significant others this Valentine’s Day, according to the annual survey by the National Retail Federation and Prosper Insights & Analytics.
WBA stockholders elect Robert Huffines to board
Walgreens Boots Alliance, Inc. (WBA) announced the election of Robert (Robbie) Huffines to the company’s board of directors at its 2024 Annual Meeting of Stockholders. He joins the board as an independent director and will serve on the board’s Finance and Technology Committee.
Target rolling out over 1,000 wellness products
Target Corp. announced on Wednesday that it is introducing more than 1,000 new wellness-related products starting at just $1.99 to support guests on their wellness journey without stretching their budgets.
FMI honors seven exemplary food industry leaders
The Food Industry Association on Friday presented its 2024 Executive Leadership Awards to seven executives who “exemplify excellence in the food industry through innovative leadership, community outreach, and stellar customer service.
New report from CVS looks at future of community pharmacy
CVS Health has released The Rx Report: The future of community pharmacy opens doors to healthier communities, which outlines the evolution of consumers’ expectations of community pharmacy and how local pharmacies continue to add value to the health care system, especially for vulnerable populations,
Rite Aid rolls out same-day delivery option
PHILADELPHIA – Rite Aid announced the launch of its same-day delivery service for Rite Aid customers within 15 miles of select store locations.
Video Forum: Rodney McMullen, Kroger
This week’s Video Forum features Kroger chairman and CEO Rodney McMullen, newly named Retailer of the Year at MMR (Chain Drug Review‘s sister publication). McMullen discusses some of the major initiatives that have helped make the company the nation’s premier operator of traditional supermarkets.
Hy-Vee’s Edeker is extolled for lifetime achievement
Randy Edeker is a visionary force who has left an undeniable mark on the retail industry. Since taking the helm of Hy-Vee as chairman and chief executive officer in 2012, Edeker has transformed the regional grocer into a nationally recognized, award-winning retail brand.
Regional Chain of Year honor goes to Kinney
Kinney Drugs can trace its history back to over 120 years ago when Burt Kinney established the very first store here in 1903. Over the next 95 years, the company slowly expanded to nearly 100 retail locations throughout upstate New York and Vermont.
CVS’ Balbale is top merchant
CVS Health has a unique opportunity, says chief merchandising officer Musab Balbale, and it’s twofold. First, as an operator of more than 9,000 stores focused on health and wellness, it has the ability to connect with members of the community seeking vital information, products and services.
Walmart saluted as Health Care Provider of the Year
In the realm of health and wellness, the endpoint is where Walmart begins. After first gaining a thorough understanding of patients, customers and their needs, the company has set out to construct a dynamic ecosystem that promises to transform the way in which Americans get and stay well.
CVS Health announces leadership appointments
CVS Health announced several leadership updates, effective immediately: • Senior vice president of Corporate Finance and interim CFO, Tom Cowhey, has been formally appointed the company’s next CFO.
CVS Pharmacy unveils more simplified loyalty experience
CVS Pharmacy announced the evolution of its loyalty program to include two membership tiers: ExtraCare and ExtraCare Plus.
WBA beats Q1 projections, cuts dividend
Walgreens Boots Alliance topped Wall Street’s expectations for first quarter sales and earnings, but slashed its quarterly dividend nearly in half. WBA cut its dividend to 25 cents per share from 48 cents per share, reducing the payout for the first time in nearly five decades.