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Retail News

CVS’ Balbale is top merchant

CVS’ Balbale is top merchant

CVS Health has a unique opportunity, says chief merchandising officer Musab Balbale, and it’s twofold. First, as an operator of more than 9,000 stores focused on health and wellness, it has the ability to connect with members of the community seeking vital information, products and services.

Retail Forecast 2024

Retail Forecast 2024

Leading chain drug and distribution executives provide their outlook for the coming year on the following pages, spelling out the challenges and opportunities that lie ahead for their companies and the industry.

WBA to participate in J.P. Morgan Healthcare Conference

WBA to participate in J.P. Morgan Healthcare Conference

DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) said that chief executive officer, Tim Wentworth, and interim global chief financial officer, Manmohan Mahajan, will present at the 42nd Annual J.P. Morgan Healthcare Conference in San Francisco, California on Monday, Jan. 8, at 8:15 a.m. PST.

Rite Aid agrees to bankruptcy mediation

Rite Aid agrees to bankruptcy mediation

On Tuesday Rite Aid got court approval for a bankruptcy loan that would let the company borrow an additional $200 million, while agreeing to enter mediation with committees representing junior creditors and people who have accused the company of contributing to the U.S. opioid epidemic.