The increasing complexity of today’s consumer is making it ever more difficult to tailor stores to shoppers, retailers and suppliers said at the 2016 Chain Drug Review Category Management Roundtable in Manhattan.
Walgreens has entered an agreement to become the retail pharmacy provider for northeastern Florida health system Baptist Health. Plans call for Baptist Health’s retail pharmacy operations to open under Walgreens’ ownership at Baptist Medical Center Jacksonville in early January.
Ralphs Grocery Co. this week began offering free blood glucose tests to help customers assess their risk for diabetes. The Los Angeles-area supermarket chain, part of The Kroger Co., is providing the glucose tests at its 80 in-store pharmacies through Nov. 20.
Taking medication efficacy and safety to an individual level, Fruth Pharmacy plans to offer the Rxight pharmacogenetics program from MD Labs.
Walmart’s third quarter earnings beat analysts’ expectations, but its sales fell slightly short, dampened by food deflation and unfavorable foreign exchange rates. The company earned $3.03 billion, or 98 cents a share, during the quarter, down from $1.03 per share a year ago.
Rite Aid Corp. is providing extra incentive for American Express cardholders to shop in its stores.
Amazon.com Inc. has launched free two-hour delivery of products from Bartell Drugs, the first drug chain included in the service. Prime Now members in Greater Seattle can now shop for thousands of health and beauty aids and groceries, including locally sourced products, from Bartells.
The chain drug industry upheld its base of pharmacy advocates in Congress despite “one of the most tumultuous election cycles in modern times,” said National Association of Chain Drug Stores president and chief executive officer Steve Anderson.
Bartell Drugs is set to mark the opening of its newest store, in Seattle’s burgeoning Ballard neighborhood. The Puget Sound-area drug chain said is plans to hold a grand opening event for the Ballard store, its 65th overall, on Nov. 19.
Dollar General Corp. plans to open the first of its new small-format stores early next year in Nashville. Dubbed DGX, the new format aims to serve busy metropolitan shoppers with everyday-low prices on daily essential items in a convenient, easy-to-shop format, Dollar General said Wednesday.
Target Corp. has hired former Walmart executive Shekar Natarajan for the newly created role of senior vice president, network planning and operational design, with oversight of Target’s direct-to-store and direct-to-customer shipping operations.
Walgreens has filed a breach-of-contract lawsuit against former lab testing partner Theranos Inc., the companies confirmed. The civil suit was filed Nov. 8 in U.S.
CVS Health posted sales gains in both of its business units and adjusted earnings per share above Wall Street’s forecast for the 2016 third quarter.
John Fegan has retired as vice president of pharmacy at Southeastern Grocers LLC. The food and drug retailer, the parent company of supermarket chains BI-LO, Harveys and Winn-Dixie, operates more than 500 pharmacies. Fegan joined Winn-Dixie as vice president of pharmacy in June 2008.
Walmart executive Carmen Bauza is leaving the company to join interactive media retailer HSN Inc. HSN said Monday that Bauza is slated to join HSN/Home Shopping Network as executive vice president and chief merchandising officer on Nov. 28.
CVS Health plans to terminate about 600 corporate jobs over the next couple of months. The job cuts will be made primarily at CVS corporate offices in Rhode Island, Illinois and Arizona, the company said.
