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LEADING HEADLINES

CVS to buy Fagen Pharmacy chain

CVS to buy Fagen Pharmacy chain

WOONSOCKET, R.I. — CVS Pharmacy plans to acquire DeMotte, Ind.-based regional drug chain Fagen Pharmacy. Financial terms of the deal weren’t disclosed. CVS said it agreed to buy 20 Fagen drug stores in northwest Indiana and northeast Illinois. Plans call for eight of the Fagen

WBA, Rite Aid to reset waiting period for store deal

WBA, Rite Aid to reset waiting period for store deal

NEW YORK — Walgreens Boots Alliance Inc. and Rite Aid Corp. are rescheduling the waiting period for a downsized store sale agreement reached upon the termination of their planned merger. According filings with the Securities and Exchange Commission yesterday, WBA and Rite Aid agreed to

Walmart’s McMillon admonishes Trump over Charlottesville

Walmart’s McMillon admonishes Trump over Charlottesville

BENTONVILLE, Ark. — Walmart president and chief executive officer Doug McMillon has reprimanded President Donald Trump over his response to the violent protests in Charlottesville, Va. In a statement posted Tuesday on a Walmart website, McMillon wrote, “The role we play in communities around the

Target adds two food and beverage VPs

Target adds two food and beverage VPs

MINNEAPOLIS — Target Corp. said on Monday it was hiring two senior executives to advance the retailer’s food and beverage strategy. Mark Kenny, currently at Walmart, will join Target as vice president divisional, meat and fresh prepared food, with oversight for the meat, seafood, deli,

Publix names VP of omnichannel, application development

Publix names VP of omnichannel, application development

LAKELAND, Fla.— Publix Super Markets Inc. has named Erik Katenkamp vice president of omnichannel and application development. According to the company, Katenkamp has been instrumental in launching the Publix Delivery online shopping solution, including formalizing Publix’s collaboration with Instacart. In this role, he will focus

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RETAIL NEWS

Costco taps Hamilton James as new chairman

ISSAQUAH, Wash. — Costco Wholesale Corp. on Friday announced that Hamilton (Tony) James has been elected company chairman. He replaces Costco co-founder Jeff Brotman, who died earlier this month. James is president and chief operating officer of the Blackstone Group L.P., and a member of the

Target to acquire Grand Junction

MINNEAPOLIS — Target Corp. has acquired a transportation technology company to enhance its delivery capabilities. The company — San Francisco-based Grand Junction — is already working with Target on a delivery pilot at its store in New York’s Tribeca neighborhood. Grand Junction uses its software

Walgreens fine-tunes the front end

DEERFIELD, Ill. — Joe Hartsig, the new chief merchant at Walgreens, is taking one of the guiding principles established 116 years ago by the drug chain’s founder, Charles R. Walgreen, and updating it for 21st century shoppers. The idea “we believe in the merchandise we

Hucker tapped to lead Southeastern Grocers

JACKSONVILLE, Fla. — Southeastern Grocers said on Thursday that it has appointed Anthony Hucker to the posts of president and chief executive officer, effective immediately. Hucker has been serving in those roles on an interim basis since July 1. “We are pleased to welcome Anthony

Big data key to Walmart strategy

BENTONVILLE, Ark. — Walmart is using big data to improve its operations in a number of ways, from improving customer service at its pharmacies and in its checkout lanes to optimizing product assortment, according to a blog post and infographic on the company’s web site.

SUPPLIER NEWS

Nubian Heritage asks to ‘venture out’ into natural deodorant

AMITYVILLE, N.Y. — Sundial Brands Inc.’s Nubian Heritage skin care label is launching a national campaign to encourage people to switch from a synthetic to a natural deodorant. Dubbed “Venture Out,” the awareness and educational series spotlights Nubian Heritage 24-Hour Deodorants. The initiative leads off

Pharmavite names Jeff Boutelle as CEO

NORTHRIDGE, Calif. — Pharmavite LLC has named Jeff Boutelle as chief executive officer and a board member. The vitamins, minerals and dietary supplements maker said Boutelle replaces Noriko Tojo as chief executive. Plans call for Tojo to continue to serve as chairman of Pharmavite and

StubbyStrip, nkd Life Win Buyers Choice Awards

CHANDLER, Ariz. — StubbyStrip won the ECRM/MMR Buyers Choice Award for its 6-pack beverage carriers during ECRM’s Housewares, Household & General Merchandise EPPS, held here recently. nkd Life was a finalist with its water filtration bottle. The two companies were selected from dozens of entries

Coca-Cola Zero Sugar launches in U.S.

ATLANTA — Coca-Cola Co. is launching Coca-Cola Zero Sugar as the new and improved Coca-Cola Zero. New packaging, which will feature the iconic red Coca-Cola disc, hits store shelves nationwide in August, the company said. “More than 10 years ago, we launched Coca-Cola Zero with

The Nature’s Bounty Co. is acquired by KKR

NEW YORK – The investment firm KKR has agreed to become the majority owner of The Nature’s Bounty Co., a wellness products company known for such brands as Nature’s Bounty, Sundown Naturals and Osteo Bi-Flex. The Carlyle Group, the company’s current owner, will retain a