Walgreens acquires Medly Health
Walgreens confirmed Wednesday it has purchased Medly Health, a digital pharmacy business, which could lead to the closure of all 22 Pharmaca Integrative Pharmacies.
Retail News
CVS to buy Oak Street Health
CVS Health and Oak Street Health have entered into a definitive agreement under which CVS Health will acquire Oak Street Health in an all-cash transaction at $39 per share, representing an enterprise value of approximately $10.6 billion.
Walgreens looks to expand diverse suppliers through upcoming virtual summit
DEERFIELD, Ill. – Walgreens announced Wednesday that it will hold a Supplier Diversity Summit, a virtual showcase for diverse businesses and entrepreneurs to share their retail offerings.
Hy-vee opens two new stores in Wisconsin
Hy-Vee, Inc. announced the opening of two new stores in Wisconsin expanding its footprint in the state to eight stores. The Janesville store is a totally reimagined grocery store with a new layout, the sixth of its kind for the retailer’s eight-state footprint.
Albertsons launches digital health, wellness platform
Albertsons Cos. today announced the launch of Sincerely Health, a digital health and wellness platform accessible on 16 of its banners’ grocery app and websites, including Albertsons, Safeway, Vons, Shaw’s, Jewel-Osco, and Acme.
Walmart names new chief people officer
Walmart has named Judy Werthauser as executive vice president and chief people officer. In this role, she will lead the people strategy within Walmart U.S.
Amazon’s 4Q revenue tops expectations
SEATTLE – Amazon on February 2 reported revenue of $149 billion for its fourth quarter, beating estimates with a 9% increase from a year earlier.
Kroger delivery expands to South Florida
Kroger announced the opening of a new spoke facility in South Florida. Joined by the local community, Kroger celebrated the expansion of the delivery service and welcomed 90 new associates.
NRF economist offers upbeat forecast for 2023
WASHINGTON – Despite inflation and high interest rates, National Retail Federation chief economist Jack Kleinhenz is predicting that a recession is unlikely and the economy will see slight growth in 2023.
Bed Bath & Beyond closing 87 more stores
Bed Bath & Beyond said today it is closing an additional 87 stores, as the retailer seeks to consolidate its assets ahead of a possible bankruptcy filing. The company confirmed the closures in a statement, adding it was also closing all Harmon health and beauty store locations.
GNC and GHOST continue to glow up with exclusive launch
PITTSBURGH – Holistic health is being redefined and for many consumers that definition includes skincare and beauty support. Within GNC’s curated assortment of science-backed products is a portfolio stocked with collagen, beauty supplements, women’s health supplements, and skincare solutions.
Deloitte looks at the future of the consumer
The consumer industry is facing a once-in-a-century economic, social and technological transition amid a backdrop of significant challenges. To that end, Deloitte recently completed an extensive, 18-month-long effort studying the industry.
H-E-B tops dunnhumby RPI for 2022
CHICAGO – H-E-B has regained the leadership position in the sixth annual dunnhumby Retailer Preference Index (RPI), an examination of the U.S. grocery market released today by data science firm dunnhumby. Costco Wholesale holds the second position in this year’s index, followed by Amazon.
Hy-Vee dietitians to offer 1,000 free cholesterol screenings in February
Hy-Vee is offering several events in February to encourage individuals to keep moving forward with their health goals, including 1,000 free cholesterol screenings at more than 50 stores throughout Hy-Vee’s eight-state region.
Experts address pressing industry issues during NACDS Regional Chain Conference
The 2023 National Association of Chain Drug Stores Regional Chain Conference closed Tuesday with more presentations from top speakers on the most timely issues affecting the industry and the patients and consumers it serves.