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Walgreens offers financial services

Walgreen Co. is introducing a suite of financial services called Balance Financial that are integrated with its Balance Rewards customer loyalty card. The program has been designed to provide low-cost financial services to customers, including those without traditional bank ­accounts.

Washington gridlock casts shadow

The economy faced a greater threat from hitting the debt ceiling than from a government shutdown, experts said this month. Unless the federal borrowing limit was raised by October 17, the country faced a default on its loans and an ensuing global crisis.

Rite Aid on track with ‘wellness’ remodels

Rite Aid Corp. aims to have about a quarter of its store base converted to its “wellness store” format by the close of its current fiscal year next March. The drug chain reached a milestone during its fiscal 2014 second quarter by opening its 1,000th wellness store remodel, company executives said

Loblaws taps exec to oversee SDM integration

Mark Butler has been named Loblaw Cos.’ executive vice president of integration with responsibility for planning the supermarketer’s assimilation of Shoppers Drug Mart (SDM). A 37-year Loblaws veteran, Butler was most recently executive vice president of the conventional division.

DeParle joins the board at CVS

CVS Caremark Corp. has named Nancy-Ann DeParle, a former top aide to President Barack Obama on the health care overhaul, to its board of directors. DeParle, 56, will be an independent director serving on the board’s audit committee.

Rite Aid ready to help customers navigate ACA

A new Rite Aid Corp. program aims to help customers find their way through the changing health benefits landscape ushered in by the Affordable Care Act (ACA). Left to right: Sen. Robert Menendez, HHS Secretary Kathleen Sebelius and Rite Aid CEO John Standley at the drug chain’s Hoboken, N.J., store.

Wasson talks about change, continuity at Walgreens

Appearing at the National Association of Chain Drug Stores’ Total Store Expo last month, Jim Collins, the noted business consultant and author of such books as "Good to Great," "Built to Last" and "How the Mighty Fall," talked about what is required to make a business into a preeminent company over