The Wall Street Journal has reported Friday that Rite Aid is undergoing plans to file for Chapter 11 bankruptcy protection in the coming weeks as a way to handle its more than $3B in debt and its potential exposure to opioid-related lawsuits. Shares are down ~37% early Friday afternoon.
CVS Pharmacy and Walgreens will acquire the prescription files of Winn-Dixie and Harveys supermarkets in conjunction with the sale of the stores to Aldi.
Sometimes the way we track consumer dollars just doesn’t make sense. Despite consumers’ voiced concerns about inflation and finances, retail spend continues to grow and consumers continue to plan vacations. Even consumers themselves aren’t sure where they stand.
ALEXANDRIA, Va. – Back-to-school is always a time met with mixed emotions, especially for the growing numbers of today’s youth who struggle with feelings of anxiety or depression.
Dollar General on Saturday celebrated the grand opening of a new distribution center in Blair, Neb., that supports both its stores’ nonperishables and fresh food needs.
ISSAQUAH, Wash. – Costco Wholesale Corp. announced the election of Helena Foulkes to its board of directors. Foulkes is a former CVS Pharmacy president with more than 25 years of experience at the pharmacy retailer.
Grocery retailer Hy-Vee, Inc. announces today the grand opening of its newest Hy-Vee Health infusion clinic, located at 1 East Erie Street, Suite 640 in Chicago. This is the second Hy-Vee Health infusion clinic to open and the first to open in the Chicago area. The infusion clinic is referral-based
BENTONVILLE, Ark. – More than 4,600 Walmart pharmacies will host Wellness Day events on August 16, offering opportunities for families to prioritize their health ahead of a new school year with free screenings and affordable immunizations.
Albertsons Cos. offers the latest digital enhancement to its Sincerely Health platform, a nutrition insights tool that measures grocery purchases based on the serving recommendations of USDA’s MyPlate guidance.
BENTONVILLE, Ark. – Walmart today posted fiscal second quarter sales and profits that exceeded Wall Street’s expectations and raised its fiscal 2024 outlook to reflect management’s optimism in the company’s continued ability to attract customers to its stores and digital platforms.
Walmart International president and CEO Judith McKenna is retiring after 27 years with the company. Kath McLay will become the president and CEO of Walmart International, and Chris Nicholas will take McLay’s place as president and CEO of Sam’s Club U.S.
Despite the fact that females comprise 80% to 90% of customers in the retail marketplace, many of their needs are unmet regarding their health and wellness. That was a key point made during a panel discussion presented by WE at the National Association of Chain Drug Stores’ Total Store Expo. Now in
Aldi today announced it has agreed to acquire Winn-Dixie and Harveys Supermarket locations from Southeastern Grocers, as the Jacksonville, Fla.-based retailer continues to divest supermarket assets.
Walgreens is offering in-store vouchers and off-site vaccination clinics through its employer vaccination program, and is rolling out a low-cost, 2 results in 1 test for flu and COVID-19 this fall respiratory virus season.
CHICAGO – U.S. retail sales in July, including spending on both discretionary general merchandise and consumer packaged goods (CPG), increased 2% compared to the same month last year, and unit sales declined 2%.
Walgreens issued the following statement as an update for victims of the Maui wildfires. “Walgreens is committed to helping victims of the Maui wildfires get access to their medications.
