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Retail News

Supervalu hands reins to new CEO

Supervalu Inc. has installed Sam Duncan as president and chief executive officer, moving up the date for the former OfficeMax CEO to begin running the reorganized food and drug retailer.

Bigger role sought for pharmacists in ACOs

The National Community Pharmacists Association and the National Association of Chain Drug Stores are calling for the federal government to expand pharmacists’ role in accountable care organizations (ACOs).

Regional chains find new ways to stay in the game

Regional drug chains that fill the right niche can not only survive, but thrive. That’s the message of successful small pharmacy chains nationwide, many of whom are gathered here for the National Association of Chain Drug Stores Regional Chain Conference.

Rite Aid hires government affairs executive

Yong Choe has joined Rite Aid Corp. as vice president of federal affairs and public policy. The drug chain said Thursday that Choe will oversee development and execution of policy and strategy relating to federal and state health care issues.

Consumers don’t feel need to get flu shot, poll finds

Despite the recommendation of the Centers for Disease Control and Prevention (CDC), many Americans aren’t convinced that a flu shot is the best way to avoid getting influenza, according to an Ipsos survey. The market research firm said Friday that just 56% of 1,096 U.S.

Walgreens moves up Magnacca

Joseph Magnacca has been promoted to executive vice president at Walgreen Co. Walgreens said Friday that Magnacca, who previously was senior vice president, also retains his title as president of daily living products and solutions.

Flu season lifts Rite Aid’s January same-store sales

Getting a boost from flu-related business, same-store sales at Rite Aid Corp. edged up in January after four consecutive months of declines. Rite Aid said Thursday that for the four weeks ended Jan. 26, comparable-store sales were up 0.3% year over year. That marked an improvement from a 2.