Walmart to leave two CVS Caremark networks
CVS Health announced Tuesday that Walmart has opted to leave the CVS Caremark pharmacy benefit management (PBM) commercial and Managed Medicaid retail pharmacy networks.
Retail News
GIANT Unveils Marty the Robot
GIANT Food Stores said Monday it is introducing a robotic assistant — named Marty — to its 172 stores to identify hazards, such as liquid, powder and bulk food spills, and provide reporting that enables quick corrective action.
CVS announces $100 million community commitment following Aetna deal
Following its completed acquisition of Aetna, CVS Health has announced a $100 million commitment to making community health and wellness central to the newly combined company’s charge for a better world.
Albertsons Cos.’ third quarter earnings jump 51%
Albertsons Cos.’ third quarter adjusted EBITDA rose 51.4% to $649.7 million, driven by an identical-store sales gain, increased gross profit and cost cutting. Sales and other revenue in the 12 weeks ended December 1 increased 1.8% from a year earlier to $13.
Cuomo wants to ban cigarette sales in pharmacies in New York State
NEW YORK – The minimum age to purchase tobacco and e-cigarette products in will be set at 21 and new regulations for the sale of e-cigarettes would be introduced if a provision in Gov. Andrew Cuomo’s budget proposal is approved.
Kat Von D Beauty teams up with Sephora
Kat Von D Beauty invites Sephora Beauty Insiders to celebrate their birthday with a complimentary mini-set of its award-winning, high-performance vegan products.
Vintage Cosmetic Company to launch new products at Ulta Beauty
Vintage Cosmetic Company will be introducing three new products into Ulta Beauty stores in February: Headband and Shower Cap Set in flamingo print, Cooling Gel Eye Pads with fluttery eyelash print, and Peggy Make-up Headband in leopard print.
Lampert ups ante to purchase Sears
CHICAGO – Sears chairman Eddie Lampert has submitted a revised bid in a last-ditch attempt to save the retailer from liquidation.
Target reports strong holiday gains, announces leadership changes
Target Corp. on Thursday reported strong sales gains for the November/December holiday sales period, and reiterated its sales and earnings guidance for the full year. The company also announced changes in its executive ranks, including the planned retirement of chief financial officer Cathy Smith.
Edge by Ascential publishes its top 11 Amazon predictions for 2019
Edge by Ascential, a leading provider of highly accurate and actionable ecommerce data, insights and advisory solutions for global brands and retailers, has published their 11 top predictions for Amazon’s next moves in 2019 and beyond.
Propeller Health partners with Walgreens
Propeller Health, a leading digital therapeutics company, today announced announced a partnership with Walgreens on My Pharmacy which connects Propeller users living with asthma and chronic obstructive pulmonary disease (COPD) directly to pharmacy services in the Propeller mobile app.
Trax announces partnership with Google Cloud to digitize retail stores
Trax, a leading provider of computer vision solutions for retail, and Google Cloud have partnered to bring Trax’s breakthrough image recognition and machine learning capability to retail stores, allowing retailers to take advantage of real-time shelf insights at unprecedented speed and scale.
Hawaii, Connecticut and Maryland see flu activity gains
Hawaii, Connecticut and Maryland see flu activity gains Walgreens Flu Index for he week ending January 5, 2019.
Merlo discusses new concept store, Aetna at J.P. Morgan conference
During a presentation of the 37th Annual J.P. Morgan Healthcare Conference here, CVS chief executive officer Larry Merlo talked about the integration efforts that have already taken place to integrate Aetna into its business.
Shoppers Drug Mart launches ecommerce platform for medical cannabis
Shoppers Drug Mart launched its online platform for the sale of medical cannabis, providing patients with a single, trusted source for all their cannabis therapy needs.
Safe Rx announces availability in AmerisourceBergen
Safe Rx announced its product availability in AmerisourceBergen, with merchandising kits available to all AmerisourceBergen California customers.