Skip to content

Retail News

Fred’s creates pharmacy COO post

Fred’s creates pharmacy COO post

Timothy Liebmann has been promoted to chief operating officer of pharmacy, a newly created position, at Fred’s Inc. Fred’s said late Thursday that Liebmann succeeds Rick Chambers, executive vice president of pharmacy operations, who is retiring.

Walmart sees ‘positive momentum’ in 2Q

Walmart sees ‘positive momentum’ in 2Q

Walmart earned $1.07 per share in the fiscal second quarter, slightly lower than its $1.08-per-share profit a year ago but above Wall Street’s consensus forecast of $1.02. The retail giant said Thursday that revenue grew 0.5% to $120.

Target reports declined 2Q sales, earnings

Target reports declined 2Q sales, earnings

Target Corp. posted a 7.2% decrease in revenue and a 9.7% decline in net earnings for the second quarter. Target said Wednesday that adjusted earnings per share were $1.23 for the second quarter ended July 30, well above analysts’ projections of $1.13, on revenue of nearly $16.

Fred’s appoints new chief merchant

Fred’s appoints new chief merchant

Bryan Pugh has resigned as chief merchant at Fred’s Inc. and has been replaced by Mary Lou Gardner. Fred’s said late Tuesday that Gardner takes over Pugh’s role as executive vice president and chief merchandising and marketing officer effective immediately.

Rite Aid commences flu vaccination drive

Rite Aid commences flu vaccination drive

With the start of flu season just around the corner in the fall, Rite Aid Corp. has begun its annual immunization push by offering walk-in flu shots daily. The drug chain said Tuesday that customers can visit any of its nearly 4,600 stores to get a seasonal flu shot from a

Dollar General marks opening of 13,000th store

Dollar General marks opening of 13,000th store

Dollar General Corp. has opened its 13,000th store, located in Birmingham, Ala. The deep discount chain held a grand opening event for the store, situated at 4132 Jefferson Avenue Southwest in Birmingham, on Saturday.

Benzer Pharmacy joins American Pharmacy Purchasing Alliance

Benzer Pharmacy joins American Pharmacy Purchasing Alliance

Benzer Pharmacy has joined the American Pharmacy Purchasing Alliance (APPA), a pharmacy purchasing association. All of Benzer’s more than 60 pharmacy locations nationwide will be members of the alliance, according to Benzer Pharmacy president Alpesh Patel.