Content about Retail News

March 10, 2014

Pinterest will emerge as a stronger alternative to Facebook and Twitter, according to global research and analytics firm Blueocean Market Intelligence. The company analyzed the online data of the nation’s top 100 retailers from September through December 2013 as part of its ongoing study assessing the business impact of top retailers’ social media efforts.

Pinterest will emerge as a stronger alternative to Facebook and Twitter, according to global research and analytics firm Blueocean Market Intelligence. The company analyzed the online data of the nation’s top 100 retailers from September through December 2013 as part of its ongoing study assessing the business impact of top retailers’ social media efforts. Blueocean Market Intelligence predicts the following top social media trends for the retail industry in 2014:

March 10, 2014

Target and Major League Baseball are working together this baseball season to engage guests and fans in celebrating the nation’s teachers and inspiring kids.

MINNEAPOLIS — Target and Major League Baseball are working together this baseball season to engage guests and fans in celebrating the nation’s teachers and inspiring kids.

March 10, 2014

Apparently, I am one of about 10 mil­lion unique users who, as this issue of DSN went to press, had entered their name into the interactive name genera­tor game that Slate.com posted to its site within hours of John Travolta having butchered singer Idina Menzel’s name at the Oscar Awards.

“Rosie Edbrards.”

That, according to the Adele Dazeem Generator is the “Travoltified” version of my name.

March 7, 2014

Bi-Lo Holdings, parent company of Bi-Lo and Winn-Dixie supermarket chains, on Friday announced the decision to convert seven existing Harveys stores to Winn-Dixie stores and three existing Winn-Dixie stores to Harveys stores.

JACKSONVILLE, Fla. — Bi-Lo Holdings, parent company of Bi-Lo and Winn-Dixie supermarket chains, on Friday announced the decision to convert seven existing Harveys stores to Winn-Dixie stores and three existing Winn-Dixie stores to Harveys stores. These stores are part of the pending acquisition of 134 operating stores from Delhaize Group.

March 7, 2014

Big Lots has elevated CFO Timothy A. Johnson to EVP. CFO. Johnson has served as financial chief since 2012 with primary responsibility for all financial disciplines within the company

COLUMBUS, OH — Big Lots has elevated CFO Timothy A. Johnson to EVP, CFO. Johnson has served as financial chief since 2012 with primary responsibility for all financial disciplines within the company including financial reporting and controls, treasury, risk management, tax, internal audit, financial planning and analysis and investor relations.

March 7, 2014

McKesson Pharmacy Systems & Automation on Friday announced that EnterpriseRx — its cloud-based, centrally hosted pharmacy management system — earned top honors as a Category Leader in the 2013 Best in KLAS: Software and Services report.

LIVONIA, Mich. — McKesson Pharmacy Systems & Automation on Friday announced that EnterpriseRx — its cloud-based, centrally hosted pharmacy management system — earned top honors as a Category Leader in the 2013 Best in KLAS: Software and Services report. KLAS, an independent healthcare research organization, reserves the Category Leader designation for vendors that lead select market segments with software solutions designed to help healthcare professionals provide better care for their patients.

March 7, 2014

New Albertson’s has acquired five Dominick’s locations and appointed Shane Sampson, currently president of the company’s Boston-based Shaw’s Division, as president of the Jewel-Osco division based in Chicago.

ITASCA, Ill. — New Albertson’s has acquired five Dominick’s locations and appointed Shane Sampson, currently president of the company’s Boston-based Shaw’s Division, as president of the Jewel-Osco division based in Chicago. 

Sampson fills the role that had been held by interim division president Jim Rice since January 2014.

Sampson’s first project highlights the company’s commitment to investing in Chicago: Remodeling and reopening five additional former Dominick’s locations.

March 7, 2014

Target’s pre-Christmas database breach not only affected the retailer’s fourth-quarter same-store sales, but also contributed to plummeting shopper penetration post-holiday, according to a new report by Kantar Retail.

BOSTON — Target’s pre-Christmas database breach not only affected the retailer’s fourth-quarter same-store sales, but also contributed to plummeting shopper penetration post-holiday, according to a new report by Kantar Retail.

March 7, 2014

Supervalu on Thursday announced that two of its directors, Mark Neporent and Lenard Tessler, have stepped down from the board of directors effective immediately.

MINNEAPOLIS — Supervalu on Thursday announced that two of its directors, Mark Neporent and Lenard Tessler, have stepped down from the board of directors effective immediately. Neporent and Tessler were both appointed to the board in 2013 as designees of Symphony Investors, a Cerberus Capital Management L.P.-led investor consortium, under the terms of the Tender Offer Agreement entered into with Symphony Investors and Cerberus in connection with Supervalu's sale of five banners to an affiliate of Symphony Investors.  

March 7, 2014

Wegmans has expanded its pharmaceutical services to include the family pet, according a recent blog.

ROCHESTER, N.Y. — Wegmans has expanded its pharmaceutical services to include the family pet, according a recent blog

The supermarket pharmacy is advertising the service as a cheaper alternative to the prices paid at the veterinarian for the same canine/feline pharmaceuticals. Using Heartgard Plus Chew as an example, Wegmans noted that the common vet pricing is $50.20. Wegmans sells the same prescription for $44.99 and a generic equivalent for $19.99. 

March 6, 2014

In anticipation of the March 13 deadline for comments on the FDA's proposed rule on prescription generic drug labeling, 21 health industry groups submitted a new letter to the agency on Thursday, raising concerns about the proposed regulation.

WASHINGTON — In anticipation of the March 13 deadline for comments on the FDA's proposed rule on prescription generic drug labeling, 21 health industry groups submitted a new letter to the agency on Thursday, raising concerns about the proposed regulation. 

March 6, 2014

Cerberus won the bid for Safeway. Safeway and Albertsons on Thursday announced a definitive agreement under which AB Acquisition will acquire all outstanding shares of Safeway in a deal valued at more than $9.1 billion.

PLEASANTON, Calif. — Cerberus won the bid for Safeway.

Safeway and Albertsons on Thursday announced a definitive agreement under which AB Acquisition will acquire all outstanding shares of Safeway in a deal valued at more than $9.1 billion. The transaction is expected to close in the fourth quarter of this year. 

The companies will operate independently until closing. 

March 6, 2014

At the AmerisourceBergen annual meeting of stockholders here on Thursday, company stockholders elected 10 directors to serve for a one-year term, including: Steven Collis, Douglas Conant, Richard Gochnauer, Richard Gozon, Lon Greenberg, Edward Hagenlocker, Jane Henney, Kathleen Hyle, Michael Long and Henry McGee.

NAPLES, Fla. — At the AmerisourceBergen annual meeting of stockholders here on Thursday, company stockholders elected 10 directors to serve for a one-year term, including: Steven Collis, Douglas Conant, Richard Gochnauer, Richard Gozon, Lon Greenberg, Edward Hagenlocker, Jane Henney, Kathleen Hyle, Michael Long and Henry McGee. 

During the meeting, AmerisourceBergen's president and CEO Steven Collis gave an overview of the company's activities and its results of operations from fiscal year 2013 and the first fiscal quarter of 2014.

March 6, 2014

Costco reported on Thursday a decrease in second-quarter net income, which it attributed to weaker sales and gross margin results in certain non-foods merchandise categories, weaker gross margins in its fresh foods business and lower reported international profits.

ISSAQUAH, Wash. — Costco reported on Thursday a decrease in second-quarter net income, which it attributed to weaker sales and gross margin results in certain non-foods merchandise categories, weaker gross margins in its fresh foods business and lower reported international profits.

Net income for the quarter was $463 million, or $1.05 per diluted share, compared with $547 million, or $1.24 per diluted share, last year.

March 6, 2014

Fred's Super Dollar on Thursday posted $157.5 million in sales, representing a decline of 1%, for the four weeks ended March 1.

MEMPHIS, Tenn. — Fred's Super Dollar on Thursday posted $157.5 million in sales, representing a decline of 1%, for the four weeks ended March 1. Comparable store sales for the month decreased 2.2% compared with a decrease of 1.5% in the prior-year period.

“In the pharmacy department, we will continue to accelerate new pharmacy acquisitions and focus on our plan for EIRIS Health Services, Fred's specialty pharmacy unit, which is experiencing solid script and sales growth in this fast-expanding segment of the pharmacy industry," noted Bruce Efird, Fred's CEO.

March 6, 2014

Kroger danced around "the elephant in the room" in declining to discuss future merger and acquisition plans on its fourth-quarter conference call Thursday morning.

CINCINNATI — Kroger danced around "the elephant in the room" in declining to discuss future merger and acquisition plans on its fourth-quarter conference call Thursday morning. While neither Kroger executives nor analysts actually referenced any potential Safeway transaction, Rodney McMullen, Kroger CEO did provide some color as to what strategic opportunities the company would be interested in: "The thing that was attractive about Harris Teeter as a transaction — it's a well-run company that overall we admired a whole lot," he said.

March 6, 2014

Rite Aid on Thursday posted a 1.5% increase in same-store sales for the five weeks ended March 1.

CAMP HILL, Pa. — Rite Aid on Thursday posted a 1.5% increase in same-store sales for the five weeks ended March 1. February front-end same-store sales decreased 1.8%, of which 0.5% was attributable to a decrease in sales of flu-related over-the-counter products. Pharmacy same-store sales, which included an approximate 138 basis points negative impact from new generic introductions, increased 3.1%. 

March 6, 2014

McKesson on Wednesday announced that its board of directors has elected Anthony Coles as a new independent director, effective April 29, 2014.

SAN FRANCISCO — McKesson on Wednesday announced that its board of directors has elected Anthony Coles as a new independent director, effective April 29, 2014. In connection with Coles’ election, the size of the board of directors was increased from nine to 10 members, nine of whom are independent.

March 6, 2014

CVS Caremark’s MinuteClinic and Robert Wood Johnson University Hospital have signed a clinical collaboration to enhance access to high-quality healthcare services at MinuteClinic in New Jersey's Middlesex and Mercer counties.

WOONSOCKET, R.I. and NEW BRUNSWICK, N.J. — CVS Caremark’s MinuteClinic and Robert Wood Johnson University Hospital have signed a clinical collaboration to enhance access to high-quality healthcare services at MinuteClinic in New Jersey's Middlesex and Mercer counties.

The affiliation is MinuteClinic's 32nd collaboration with a hospital or health system in the United States.

March 6, 2014

With a history that goes back more than 100 years, Softsheen-Carson’s Magic Shave has become a legacy brand within the African-American male grooming segment. Today, Magic is celebrating the launch of a new skin care line called Bump Rescue Skincare. To learn more about the brand’s history and the new line, Drug Store News recently talked with Mezei Jefferson, director of education for Softsheen-Carson.

With a history that goes back more than 100 years, Softsheen-Carson’s Magic Shave has become a legacy brand within the African-American male grooming segment. To learn more about the brand’s history and its new Bump Rescue Skincare line, Drug Store News recently talked with Mezei Jefferson, director of education for Softsheen-Carson.

DSN: After more than 100 years, Magic Shave was reformulated and revamped with a new look. Can you elaborate?

March 6, 2014

Could retail-based health clinics be coming soon to Boston? While it appears that there are no definite plans in the works, a spokeswoman for Mayor Martin J. Walsh reportedly said that he has no intention of blocking the clinics from coming to Boston, the Boston Herald reported.

BOSTON — Could retail-based health clinics be coming soon to Boston?

While it appears that there are no definite plans in the works, a spokeswoman for Mayor Martin J. Walsh reportedly said that he has no intention of blocking the clinics from coming to Boston, the Boston Herald reported.

March 6, 2014

Walgreens and Roush Fenway Racing recenty launched a partnership to stage “The Race Around America” Interactive Promotion, presented by Balance Financial Prepaid MasterCard from Walgreens.

DEERFIELD, Ill. — Walgreens and Roush Fenway Racing recenty launched a partnership to stage “The Race Around America” Interactive Promotion, presented by Balance Financial Prepaid MasterCard from Walgreens.

The multi-faceted campaign will be fueled by fan interaction and will culminate with the awarding of the grand prize — the fully-enhanced Roush Stage 3 Mustang used in the promotion by Roush Fenway drivers.

March 6, 2014

Cerberus Capital Management is attempting to lock down a deal to secure Safeway as part of an acquisition that could exceed $9 billion, The Wall Street Journal reported Wednesday.

NEW YORK — Cerberus Capital Management is attempting to lock down a deal to secure Safeway as part of an acquisition that could exceed $9 billion, the Wall Street Journal reported Wednesday

March 5, 2014

In what could turn into a significant change of how retail pharmacy supplies hydrocodone combination products, the Drug Enforcement Administration last week published in the Federal Register a Notice of Proposed Rulemaking to move HCPs from Schedule III to Schedule II, as recommended by the assistant secretary for health of the Department of Health and Human Services and as supported by the DEA’s evaluation of relevant data.

WASHINGTON — In what could turn into a significant change of how retail pharmacy supplies hydrocodone combination products, the Drug Enforcement Administration last week published in the Federal Register a Notice of Proposed Rulemaking to move HCPs from Schedule III to Schedule II, as recommended by the assistant secretary for Health of the department of Health and Human Services and as supported by the DEA’s evaluation of relevant data.  

March 5, 2014

Based on a study of 10,000 U.S consumers, H-E-B, Trader Joe's, Chick-fil-A and Publix earned the highest scores in the 2014 Temkin Experience Ratings, ranking 268 companies across 19 industries.

WABAN, Mass. — Based on a study of 10,000 U.S consumers, H-E-B, Trader Joe's, Chick-fil-A and Publix earned the highest scores in the 2014 Temkin Experience Ratings, ranking 268 companies across 19 industries. Joining those firms in the top 14 spots are Aldi, Food Lion, Sonic Drive-In, credit unions, Dairy Queen, Kroger, Piggly Wiggly, Regions, Sam's Club and Starbucks.