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CVS, Walmart reach new PBM network deal

CVS, Walmart reach new PBM network deal

WOONSOCKET, R.I. — CVS Health and Walmart on Friday reached a multi-year agreement in which Walmart will continue participating in the CVS Caremark pharmacy benefit management (PBM) commercial and Managed Medicaid retail pharmacy networks. The companies are not disclosing the financial terms of the new contract. “We are very pleased to have reached a mutually agreeable

Walmart adds partners for grocery delivery

Walmart adds partners for grocery delivery

BENTONVILLE, Ark. — Walmart on Thursday said it has added four delivery companies to bolster its grocery delivery service. The addition of the companies — Point Pickup, Skipcart, AxleHire and Roadie — helps Walmart expand its grocery delivery program, available in more than 800 stores. Another 800 are being added in 2019, the company said

Stop & Shop to test self-driving mobile stores

Stop & Shop to test self-driving mobile stores

QUINCY, Mass. — Ahold Delhaize USA’s Stop & Shop chain said on Wednesday that it will begin deploying driverless grocery vehicles this spring in the Greater Boston area. Unlike the self-driving delivery vehicles being tested by other retailers, which are designed to bring people’s pre-selected online orders to their homes, the ones being tested by Stop

Albertsons Cos. chooses EQuIPP for Rx performance tracking

Albertsons Cos. chooses EQuIPP for Rx performance tracking

BOISE — Albertsons Cos. has selected EQuIPP Analytics from Pharmacy Quality Solutions (PQS) for  enhanced reporting and tracking capabilities related to pharmacy performance measures. EQuIPP will allow Albertsons Cos. pharmacies to identify key improvement opportunities and drive strategic quality performance measures using dynamic visualizations and intuitive dashboards. “EQuIPP Analytics reduces the amount of time organizations

A.T. Kearney acquires consultancy Cervello

A.T. Kearney acquires consultancy Cervello

CHICAGO — A.T. Kearney has acquired Cervello, an elite business analytics and data management consultancy. Operating as Cervello, an A.T. Kearney company, its team of data engineers, data scientists, and developers will work closely with Kearney client service teams worldwide to power client performance improvement and transformation programs with technology consulting, analytics, and data-driven insights.

Shopko files for Chapter 11 bankruptcy

Shopko files for Chapter 11 bankruptcy

GREEN BAY, Wis. — Shopko Stores Operating Co. filed for Chapter 11 bankruptcy protection on Wednesday. The retailer said it would also be closing 38 stores as part of a reorganization process that was prompted by “excess debt and ongoing competitive pressures.” Shopko said it will also be moving more than 20 of its in-store

Lampert wins bid to keep Sears open for now

Lampert wins bid to keep Sears open for now

CHICAGO — Sears Holdings Corp. chairman Eddie Lampert won out in a bankruptcy auction for the U.S. department store operator with an improved takeover bid of roughly $5.2 billion, allowing the 126-year-old retailer to keep its doors open, The Wall Street Journal and other published sources reported Wednesday. Lampert’s bid, upped from an earlier $5 billion offer,

Kroger’s McMullen makes five key retail predictions at NRF

Kroger’s McMullen makes five key retail predictions at NRF

CINCINNATI — Kroger Co. chairman and chief executive officer Rodney McMullen provided his outlook on the future of retail at the NRF 2019: Retail’s Big Show in New York City during a  keynote presentation called “Restocking the future: Kroger’s insatiable appetite to play and win the long game.” CNBC “Squawk on the Street” and “Closing Bell” anchor Sara Eisen moderated the 30-minute

Walmart to leave two CVS Caremark networks

Walmart to leave two CVS Caremark networks

WOONSOCKET, R.I. — CVS Health said Tuesday that Walmart has opted to leave the CVS Caremark pharmacy benefit management (PBM) commercial and Managed Medicaid retail pharmacy networks. CVS Caremark has requested that Walmart continue to fill prescriptions as an in network participating pharmacy through April 30, 2019. This transition does not impact Walmart’s participation in the CVS

Loblaw president assumes more responsibilities

Loblaw president assumes more responsibilities

BRAMPTON, Ontario — Loblaw Cos. said its president Sarah Davis will assume expanded responsibilities. In addition to day-to-day oversight of the company’s business performance, she adds full oversight for the 13-member management board and expands her direct-reporting lines, with the addition of finance and human resources. She will continue to report to Galen Weston, who becomes

WBA, Microsoft partner to transform health care

WBA, Microsoft partner to transform health care

DEERFIELD, Ill. — Walgreens Boots Alliance Inc. (WBA) and Microsoft Corp. have teamed up to develop new health care delivery models, technology and retail innovations to advance and improve the future of health care. The companies will combine the power of Microsoft Azure, Microsoft’s cloud and AI platform, health care investments, and new retail solutions with WBA’s

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