Content about Retail News

March 28, 2013

Fred's will be looking to extend its pharmacy penetration to as high as 70% of all stores in the next three years.

MEMPHIS, Tenn. — The consumer's wallet isn't the only headwind blowing out of a still-struggling economy. Higher operating costs have also helped to undercut Fred's Super Dollar performance in the past year, Fred's CEO Bruce Efird explained to analysts Thursday morning.

March 28, 2013

Ahold USA's Giant-Carlisle banner raised nearly $600,000 for a hunger relief program in February and March, the supermarket chain said.

CARLISLE, Pa. — Ahold USA's Giant-Carlisle banner raised nearly $600,000 for a hunger relief program in February and March, the supermarket chain said.

Giant-Carlisle said customers at Giant Food Stores and Martin's Food Markets donated $587,545 as part of the Bag Hunger campaign between Feb. 24 and March 9. Another campaign will take place in September.

March 28, 2013

The head of Ahold USA's Giant-Landover banner has pledged the supermarket chain's support for the Department of Defense's Employer Support of the Guard and Reserve.

WASHINGTON — The head of Ahold USA's Giant-Landover banner has pledged the supermarket chain's support for the Department of Defense's Employer Support of the Guard and Reserve.

Giant-Landover, officially Giant Food of Landover, Md., said president Anthony Hucker signed a statement of support for National Guard and reserve employees at the Brentwood Giant Food in Washington, accompanied by ESGR District of Columbia chairman George Alexander. Established in 1972, the ESGR develops and maintains employer support for the Guard and Reserve service.

March 28, 2013

News Marketing Canada, the company behind the SmartSource brand of consumer savings products and services, has signed an exclusive agreement with Canadian pharmacy retailer Rexall to provide instant, print-at-home online coupons on Rexall.ca, the company has announced.

TORONTO — News Marketing Canada, the company behind the SmartSource brand of consumer savings products and services, has signed an exclusive agreement with Canadian pharmacy retailer Rexall to provide instant, print-at-home online coupons on Rexall.ca, the company has announced.

Rexall's website will feature coupons from the SmartSource.ca Online Coupon Network, as well as Rexall-exclusive coupons for a wide variety of grocery and drug brands. Coupons are available on rexall.ca, effective immediately.

March 28, 2013

The Boston Licensing Board will decide whether Walgreens' flagship store at School and Washington streets, expected to open its doors in April, can sell fresh merchandise like sushi, smoothies and coffee around the clock, according to a report published Wednesday by Universal HUB.

BOSTON — The Boston Licensing Board will decide whether Walgreens' flagship store at School and Washington streets, expected to open its doors in April, can sell fresh merchandise like sushi, smoothies and coffee around the clock, according to a report published Wednesday by Universal HUB

March 28, 2013

Weis Markets on Thursday promoted Paul Stombaugh to VP/corporate controller.

SUNBURY, Pa. — Weis Markets on Thursday promoted Paul Stombaugh to VP/corporate controller. 

Stombaugh will take on an expanded role in the company’s decision support and its strategic development. He also will continue to oversee its financial accounting and reporting functions, internal controls, treasury and budgets, Weis reported. He will continue to report to Scott Frost, SVP and CFO.

March 27, 2013

Dutch supermarket operator Royal Ahold has completed the sale of its majority stake in a Scandinavian supermarket chain, the company said.

AMSTERDAM — Dutch supermarket operator Royal Ahold has completed the sale of its majority stake in a Scandinavian supermarket chain, the company said Wednesday.

Ahold announced that it had completed the sale of its 60% stake in ICA to Swedish firm Hakon Invest for $3.3 billion. The deal was announced Feb. 11.

Based in Sweden, ICA operates the ICA and Rimi chains in Scandinavia and the Baltics.

 

March 27, 2013

Alliance Boots on Wednesday announced its contract manufacturing business BCM will invest heavier into core competency categories, such as beauty and skin care, as it discontinues third-party manufacturer development in unnamed "unprofitable" categories.

LONDON — Alliance Boots on Wednesday announced its contract manufacturing business BCM will invest heavier into core competency categories, such as beauty and skin care, as it discontinues third-party manufacturer development in unnamed "unprofitable" categories. 

March 27, 2013

Driven by the need for consumers to have access to convenient, cost-effective and quality healthcare services, the number of walk-in health clinics has been on the rise across the country in recent years, and according to a Reuters report, private equity firms are helping to fuel the expansion.

NEW YORK — Driven by the need for consumers to have access to convenient, cost-effective and quality healthcare services, the number of walk-in health clinics has been on the rise across the country in recent years, and according to a Reuters report, private equity firms are helping to fuel the expansion.

In recent years, at least a dozen private equity firms have invested millions of dollars into urgent care clinics and several private equity executives reportedly told Reuters that they are eager for more acquisitions.

March 27, 2013

Bashas' chairman and CEO Eddie Basha, Jr. has died, according to published reports. He was 75 years old.

NEW YORK — Bashas' chairman and CEO Eddie Basha, Jr. has died, according to published reports. He was 75 years old.

According to the Associated Press, Basha's cause of death was not disclosed, but his family had said his health had been failing.

March 27, 2013

With the prevalence of chronic disease conditions on the rise, Great-West Life, a provider of drug plan management solutions, and Canadian pharmacy retailer Shoppers Drug Mart have entered into an agreement to introduce two new health support programs for Great-West Life clients.

TORONTO — With the prevalence of chronic disease conditions on the rise, Great-West Life, a provider of drug plan management solutions, and Canadian pharmacy retailer Shoppers Drug Mart have entered into an agreement to introduce two new health support programs for Great-West Life clients.

March 27, 2013

With its acquisition of five retail grocery banners from Supervalu now complete, Albertsons LLC has outlined its new executive management team.

BOISE, Idaho — With its acquisition of five retail grocery banners from Supervalu now complete, Albertsons LLC has outlined its new executive management team.

March 26, 2013

Family Dollar Stores on Monday named Scott Zucker to the newly created position of SVP merchandise operations.

MATTHEWS, N.C. — Family Dollar Stores on Monday named Scott Zucker to the newly created position of SVP merchandise operations. Zucker will be responsible for driving the strategy and execution of merchandise initiatives, category management, merchandise planning and replenishment.

March 26, 2013

Kroger on Tuesday announced the planned retirement of VP and pension investment officer, Rich Manka, effective July 15.

CINCINNATI — Kroger on Tuesday announced the planned retirement of VP and pension investment officer, Rich Manka, effective July 15.

"Throughout his career, Rich has been a trusted member of Kroger's leadership team," stated Mike Schlotman, Kroger's CFO. "Pension plan trustees and participants alike have benefited from his vast knowledge and influence on investment strategies and plan designs. We thank Rich for his contributions to our company and industry and wish him the very best."

March 26, 2013

Martin's Food Markets donated more than $2.2 million in the Richmond and Williamsburg, Va., areas in 2012 as part of its "Living Here, Giving Here" charitable program, the supermarket chain said.

CARLISLE, Pa. — Martin's Food Markets donated more than $2.2 million in the Richmond and Williamsburg, Va., areas in 2012 as part of its "Living Here, Giving Here" charitable program, the supermarket chain said.

Martin's, part of Ahold USA's Giant-Carlisle chain, said the donations broke a record. The money will go to hunger-relief, animal welfare and poverty relief groups, schools, the United Way, USO of Hampton Roads and Northern Virginia and others.

March 26, 2013

Meijer will fund local food pantries by doubling every customer's $10 donation next month, the mass-merchandise retailer said.

GRAND RAPIDS, Mich. — Meijer will fund local food pantries by doubling every customer's $10 donation next month, the mass-merchandise retailer said.

As part of the spring "Simply Give" campaign, the company will double donations made April 12-13 to restock shelves of pantries that were depleted during the holidays. Meijer said customers have donated nearly $5 million — equal to 30 million meals — since November 2008.

March 26, 2013

The National Community Pharmacists Association called for the rejection of a proposal made by Sens. Joe Manchin, D-W.Va., and Mark Kirk, R.-Ill., to reschedule Vicodin and other hydrocodone-containing products from Schedule III to Schedule II of the Controlled Substances Act.

ALEXANDRIA, Va. — The National Community Pharmacists Association last week called for the rejection of a proposal made by Sens. Joe Manchin, D-W.Va., and Mark Kirk, R.-Ill., to reschedule Vicodin and other hydrocodone-containing products from Schedule III to Schedule II of the Controlled Substances Act.

March 26, 2013

Supervalu on Tuesday announced plans to reduce its national workforce by an estimated 1,100 positions.

MINNEAPOLIS — Supervalu on Tuesday announced plans to reduce its national workforce by an estimated 1,100 positions. The reductions include both current positions and open jobs that will not be filled.

March 26, 2013

Rite Aid is tying in its fundraising efforts for Children's Miracle Network Hospitals with an upcoming children's movie.

CAMP HILL, Pa. — Rite Aid is tying in its fundraising efforts for Children's Miracle Network Hospitals with an upcoming children's movie.

The retail pharmacy chain announced it would kick off its 19th annual campaign for the group tied in with "Epic," the 20th Century Fox Films movie that will be in theaters starting May 24. The animated movie tells the story of a teenage girl who is magically shrunk to meet a group of warriors who protect the natural world.

March 26, 2013

Safeway has agreed to install SoloHealth Station kiosks across almost 700 stores as part of a multiyear agreement, SoloHealth announced Tuesday.

ATLANTA — Safeway has agreed to install SoloHealth Station kiosks across almost 700 stores as part of a multiyear agreement, SoloHealth announced Tuesday. 

“Safeway shares our commitment of empowering consumers to take charge of their health,” stated Stephen Kendig, chief commercial officer and EVP SoloHealth. “We believe that access, awareness and education are keys to a healthy lifestyle, and we’re bringing comprehensive health and wellness services directly to Safeway’s customers.”

March 26, 2013

The American Diabetes Association, partnering with Walgreens and Duane Reade, kicked off its 25th Annual American Diabetes Association Alert Day, a one-day "wake-up call" asking the American public to take the Diabetes Risk Test to find out if they are at risk for developing Type 2 diabetes.

NEW YORK — The American Diabetes Association, partnering with Walgreens and Duane Reade, on Tuesday kicked off its 25th Annual American Diabetes Association Alert Day, a one-day "wake-up call" asking the American public to take the Diabetes Risk Test to find out if they are at risk for developing Type 2 diabetes.   

March 25, 2013

CVS/pharmacy has launched a first-of-its-kind interactive app, delivering a virtual 3-D digital drug store experience for customers using Apple iPads.

WOONSOCKET, R.I. — CVS/pharmacy has launched a first-of-its-kind interactive app, delivering a virtual 3-D digital drug store experience for customers using Apple iPads.

March 25, 2013

Kentucky became the first state to enact legislation that provides pharmacists with transparency into how health plans determine pharmacy reimbursements for generic drugs, and establishes an appeals process when a dispute arises over those payment levels.

FRANKFORT, Ky. — Kentucky on Friday became the first state to enact legislation that provides pharmacists with transparency into how health plans determine pharmacy reimbursements for generic drugs, and establishes an appeals process when a dispute arises over those payment levels. 

Specifically, the new law creates a set of standards with relation to categorizations and formularies for how pharmacy benefit managers craft their MAC lists, requires more frequent updates and streamlines the process for pharmacy reimbursement appeals.

March 25, 2013

Kmart is collecting donations for the March of Dimes Foundation for the 30th year in a row, the mass merchandise retailer said.

HOFFMAN ESTATES, Ill. — Kmart is collecting donations for the March of Dimes Foundation for the 30th year in a row, the mass merchandise retailer said Monday.

Kmart said that since 1983, it had raised more than $106 million for the non-profit group, which is focused on the needs of mothers and infants, including $8 million last year.

March 25, 2013

Shopko and William R. Wrigley Jr. Co. have donated more than 60,000 candy-filled plastic Easter eggs to nonprofit organizations in the Green Bay, Wis., area, the companies said.

NEW YORK — Shopko and William R. Wrigley Jr. Co. have donated more than 60,000 candy-filled plastic Easter eggs to nonprofit organizations in the Green Bay, Wis., area, the companies said Monday.