Ed DeVaney tabbed as president of CVS Caremark
DeVaney had been named interim president in December 2024. He will report to Prem Shah, group president, CVS Health.
Retail News
Craig Dubitsky and Robert Downey Jr.'s happy products now in Albertsons
happy's rapid and strategic growth has resulted in the brand's presence in more than 60,000 points of distribution in popular big-box retailers, regional grocery stores, and e-commerce platforms.
Shoppers Foundation for Women’s Health donates $10M to support murdered and missing indigenous women
Donation to Endowment Fund to advance healing and empowerment programs.
Retail sales cool in January after holiday surge
NRF Chief Economist Jack Kleinhenz said the decline was expected.
NRF responds to reciprocal tariffs
NRF has issued a statement about the Trump administration’s plan to impose reciprocal tariffs on all trading partners.
Rite Aid names Bryant Harris chief merchandising officer
Prior to joining Rite Aid, he held the same position at Wakefern Food Corp.
VillageMD talks to advisers as Walgreens pursues exit plan
Walgreens chief executive Officer Tim Wentworth said on an earnings call last month that the company plans to divest VillageMD and use any proceeds to reduce debt and improve its balance sheet.
Walgreens Flu Index tracks 4 consecutive weeks of increased flu activity
For 11 years, the Walgreens Flu Index has provided an early and accurate view of disease trends. The last four consecutive weeks of data have shown increasing flu activity across the U.S.
Why consumer experience is clinically important in health care
Findings from a CVS Health analysis show how consumer satisfaction is linked to health-related outcomes.
David Kennerley joins Kroger as CFO
Kennerley will join Kroger on March 10, while Todd Foley will remain interim CFO through Kroger’s fiscal year 2024 reporting cycle.
CVS Health's Q4 sales, earnings top estimates
Revenue for the quarter rose 4.2% from a year earlier to $97.71 billion, exceeding the expected $97.19 billion.
PLMA's Annual Meeting & Leadership Conference to have new format, sessions
More flexible sessions, wide range of industry topics and Jack Sinclair, CEO, Sprouts, headlines list of two dozen top-tier speakers.
Walgreens ordered to pay $988M arbitration award
"We are very disappointed that the court declined to set aside an arbitration award that clearly far exceeded the contractual cap on damages – and also, importantly, the arbitrator’s authority."
Retail returns make use of AI's potential
AI can allow retailers to convert returns into revenue by assessing product conditions and demand in real time.
Aldi announces plans to open record number of stores in 2025
The expansion will be achieved by combining organic growth with the conversion of certain Winn-Dixie and Harveys Supermarket locations.
NRF’s Retail Monitor reveals mixed January results
The January numbers follow a robust 2024 holiday season, during which core retail sales grew 4% yearly.
