Skip to content

Retail News

Ex-Duane Reade CEO joins Walgreens Boots Alliance board

Ex-Duane Reade CEO joins Walgreens Boots Alliance board

Former Duane Reade chairman and chief executive officer John Lederer has been elected to the Walgreens Boots Alliance Inc. board of directors. Lederer is currently president and CEO of US Foods, a Rosemont, Ill.-based foodservice distributor.

Rite Aid finishes fiscal year on a high note

Rite Aid finishes fiscal year on a high note

A tax break added to healthy gains in earnings for the 2015 fourth quarter and fiscal year at Rite Aid Corp., which also saw a strong sales performance for both periods. Net income for the fourth quarter and  full year were lifted by a reduction of the deferred tax asset valuation

Rite Aid enhances rewards in New Year promo

With the new year approaching, Rite Aid Corp. is enabling members of its wellness+ customer loyalty program to earn lifestyle and entertainment awards. Rite Aid said Monday that under the "Happy You Year" promotion, which runs through Jan.

Walgreens begins fiscal year on high note

Walgreen Co. started its 2015 fiscal year on a positive note by reporting adjusted earnings per share for the first quarter above the high range of analysts’ projections. Walgreens said Tuesday that for the first quarter ended Nov.

Walgreens seeks to list shares on Nasdaq

Walgreen Co. plans to apply to list the shares of Walgreens Boots Alliance Inc., the holding company being formed by its partnership with Alliance Boots, on the Nasdaq stock exchange.

Target announces leadership changes

Target Corp. has expanded the roles of some of its top executives, a move that chairman and chief executive officer Brian Cornell said will help the retailer spur its business, fuel its digital transformation and enhance the customer experience.

Pharmacies recognized in UnitedHealth adherence challenge

Giant Eagle, Publix Super Markets, Fred’s and Wegmans Food Markets pharmacies were among the winners of this year’s UnitedHealthcare Medication Adherence Targeted Intervention Program Challenge, benefiting the National Association of Chain Drug Stores Foundation.