Rite Aid Corp. posted fiscal 2015 third-quarter earnings per share well above Wall Street's projections.
With its integrated model of retail pharmacy, pharmacy benefit management, retail clinic and specialty pharmacy businesses, CVS Health is well-positioned to meet the changing needs of payors, providers and customers as they navigate the health care landscape, president and chief executive officer Larry Merlo said at the company's annual Analyst Day in New York.
Kroger Co. chief executive officer Rodney McMullen has been elected chairman, taking the reins from David Dillon, who is retiring.
Greg Wasson, who has been chief executive officer of Walgreen Co. for the past six years and was instrumental in establishing its global partnership with Alliance Boots, will step down from his CEO and president positions "shortly after" Walgreens shareholders approve the formal merger with Alliance Boots later this month.
Judith McKenna has been promoted to chief operating officer for Walmart U.S., succeeding Gisel Ruiz, who has been appointed executive vice president of Walmart's International People Division.
Costco Wholesale Corp., the nation’s largest chain of membership warehouses, on Wednesday posted growth in earnings, revenue and comparable-store sales for the first quarter, aided by increased traffic at its stores and website.
Dollar General Corp. on Thursday reported third quarter financial results that fell short of analysts’ expectations. It also reiterated its commitment to buy Family Dollar Stores Inc., which has agreed to be acquired by rival Dollar Tree Stores Inc.
More Retail News Breaks >>