CVS Caremark and GoodRx launch Caremark Cost Saver
CVS Caremark and GoodRx announced the launch of Caremark Cost Saver to help lower pharmacy out-of-pocket drug costs for CVS Caremark clients’ members.
Retail News
SNAP households reduced food and discretionary retail spending
The Supplemental Nutrition Assistance Program (SNAP), historically known as food stamps, has undergone recent changes, including the end of COVID relief benefits across the U.S. in March. The final elimination of extra SNAP benefits nationwide in March reduced food and beverage aid by $23B annually.
Brookshire Grocery Co. sells pharmacy business to Walgreens
TYLER, Texas – Brookshire Grocery Co. announced an agreement were Walgreens will acquire BGC’s 120 pharmacies in Texas, Louisiana and Arkansas, which includes pharmacy customer prescription files and related pharmacy inventory.
New digital Rx data shows CVS, Amazon among leaders in user experience elements
A new report from Corporate Insight identifies digital pharmacies from Amazon and CVS as among the leaders in key user experience categories.
Walgreens announces myW Days shopping event
Walgreens has announced a new weeklong shopping event, myW Days, which will take place July 23-29 for myWalgreens members. The event will offer unprecedented rewards and savings on all purchases in-store, online and in the Walgreens app.
Private brand sales rose 8.2% in first half of the year
For the first half of 2023, store brands continued to post record sales and share as they have for the past 18 months. The success of store brands at the checkout includes outdistancing national brands in two key metrics. Store brand dollar sales across all U.S. retail outlets increased 8.2%, vs. a
Retailers show commitment to private brand beauty and cosmetic products
PLMA’s 2023 Annual Private Label Trade Show will provide a good look inside the booming beauty industry. Exhibitors will introduce the latest innovations in cosmetics; fragrances; skin, nail and hair care; men’s grooming and much more.
NRF releases 2023 Top 100 Retailers list
WASHINGTON – The National Retail Federation today released its annual list of the Top 100 Retailers, compiled by Kantar, a global marketing data, insight and consultancy company. The 2023 Top 100 Retailers ranks the industry’s largest companies according to domestic sales. Longtime No.
Walgreens to close 150 stores by August 2024
DEERFIELD, Ill. – Walgreens said it plans to shutter more than 100 store locations across the United States, the company announced this week. The pharmacy store chain will close 150 U.S. locations by the end of August 2024, Walgreens confirmed in a statement to NBC Chicago on Tuesday.
Circana thought leaders to present latest research at two upcoming events
Circana, formerly IRI and The NPD Group, announced new thought leadership for the upcoming weeks in its latest version of Next Week Now, a compilation of insights-rich activities, announcements, and events.
Walgreens to sponsor, participate in Children with Diabetes event
This week Walgreens announced its participation as the premier sponsor of Children with Diabetes (CWD), a nonprofit organization dedicated to providing education and support to families living with type 1 diabetes, at their upcoming Friends for Life (FFL) conference.
Rite Aid posts better than expected Q1 results
Rite Aid Corp. reported a narrower first quarter loss than analysts had projected, and beat revenue forecasts. The company posted an adjusted loss per share loss of 73 cents, which was much better than Wall Street’s estimate of $1.50. Revenue for the period ended June 3 dipped to $5.
WBA posts mixed third quarter results
Walgreens Boots Alliance (WBA) on Tuesday reported mixed results for its third quarter, beating analysts’ sales estimates but falling short of profit expectations. Sales for the period ended May 31 advanced 8.6% from the year-ago quarter to $35.4 billion, topping Wall Street’s forecast of $33.
Health Monitor Network names Kelli Vincent-Rodriguez SVP for OTC/CPG
Pioneering healthcare communications company Health Monitor Network said Tuesday that it has hired Kelli Vincent-Rodriguez as senior vice president for Over-the-Counter/Consumer Packaged Goods (OTC/CPG) clients.
CVS intros expanded pet wellness assortment
CVS is announcing its new expanded assortment of pet wellness brands and products to shelves and CVS.com spanning grooming supplies, supplements to toys and treats.
Nordic Naturals works with Walmart to expand availability of Omega-3 supplementation
With more than 29,000 different dietary supplements available to U.S. consumers, and omega-3s being one of the top sellers, finding quality, affordable brands can be challenging and confusing for consumers.