Supervalu sells Save-A-Lot chain
Supervalu Inc. has agreed to sell its Save-A-Lot hard discount grocery chain to private equity firm Onex Corp. for $1.365 billion in cash.
Retail News
CVS lends hand with Medicare Part D enrollment
With open enrollment for Medicare Part D kicking off over the weekend, CVS Pharmacy has begun offering in-store and online resources to help seniors select prescription drug coverage for the 2017 plan year.
Benzer Pharmacy enters Oklahoma with franchised store
Benzer Pharmacy has opened its first franchised pharmacy location in Oklahoma. The drug chain said Friday that the new store, at 219 Dewey Ave. in Poteau, Oklahoma, also marks the debut of the Benzer Pharmacy brand in the state.
Community Rx solution suite unveiled by Smith Drug
Smith Drug Co. has launched a suite of services that it said gives independent retail pharmacies access to offerings and information previously available only to major chains.
NACDS gives its support to tech-check-tech pilot
The National Association of Chain Drug Stores has partnered with the Pharmacy Society of Wisconsin to pilot a new practice model based on prescription verification.
Walmart ramps up for Wellness Day event
This weekend, Walmart is making another pitch to consumers to come to its stores for their health care needs. On Saturday, Oct.
Walmart reins in new store openings
Walmart’s capital spending plan for next year calls for fewer new brick-and-mortar stores, and an accelerated e-commerce push. The announcement of the retailer’s spending priorities came during Walmart’s annual meeting with the investment community.
Target shows off flexible format store
Target Corp. has brought its flexible format to Manhattan, opening a two-story, 45,000-square-foot store to serve Millennials and other city dwellers in the trendy neighborhood of Tribeca. The store is one of four flexible format stores that Target opened on Wednesday.
Safeway to open Bay Area weight-loss clinics
Food and drug retailer Safeway plans to open the first medically based weight-loss clinics in supermarkets in California.
Fred’s sees sales decline in September
Impacted by pricing pressure and pharmacy industry trends, Fred’s Inc. reported decreased revenue and same-store sales for September. The discount retail and pharmacy chain said Thursday that for the five weeks ended Oct. 1, sales totaled $199.9 million, down 5.5% from $211.4 million a year earlier.
London Drugs launches its first loyalty program
London Drugs has delved into the customer rewards arena with the launch of its first-ever loyalty program. Called LDExtras, the rewards program comes after a successful 15-month pilot on Vancouver Island, the western Canada drug chain said Wednesday.
Jean Coutu gets front-end sales lift in 2Q
A rise in front-end sales hoisted revenue at Jean Coutu Group’s retail store network for the fiscal 2017 second quarter. The Canadian drug store operator also saw corporate sales climb in the quarter and topped financial analysts’ consensus forecast for adjusted earnings per share.
New chief named at Ahold USA
James McCann, a member of the management board at Ahold Delhaize, has resigned as chief operating officer at Ahold USA. Ahold Delhaize said Wednesday that McCann stepped down as Ahold USA COO to move out of full-time executive work and into a portfolio of nonexecutive and advisory roles.
Jean Coutu kicks off flu shot campaign
The Jean Coutu Group and its affiliated pharmacist-owners have launched a campaign to heighten awareness of the need to get a flu shot.
Express Scripts replaces CVS with Walgreens for TRICARE
Express Scripts Inc. is changing out CVS Pharmacy for Walgreens in its retail pharmacy network for TRICARE, the U.S. military’s health care and drug benefits program. Plans call for Walgreens pharmacies to join the Express Scripts network for TRICARE on Dec. 1.
Walgreens rewards program adds beauty club
Walgreens aims to give a little extra to its best beauty customers with the launch of Beauty Enthusiast, a free beauty club for its Balance Rewards loyalty program.