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Hy-Vee acquires pair of telepharmacy locations

Hy-Vee acquires pair of telepharmacy locations

WEST DES MOINES, Iowa — Hy-Vee Inc. has acquired two telepharmacy locations in Iowa and rebannered them as Hy-Vee Pharmacy. Financial terms weren’t disclosed. The food and drug retailer said Tuesday that the telepharmacies, formerly operated by TelePharm LLC, now part of Cardinal Health Inc., are in Victor and West Liberty, Iowa, and serve rural

Loblaw Cos. shifts to single loyalty program

Loblaw Cos. shifts to single loyalty program

TORONTO — Next year, Loblaw Cos. plans to launch a unified customer loyalty program that joins the Shoppers Optimum and PC Plus plans of its Shoppers Drug Mart and supermarket chains. Called PC Optimum, the combined loyalty program will enable members to earn and redeem loyalty points across Loblaw’s network of nearly 2,500 grocery and

CVS Health reports decline in Q3 retail sales

CVS Health reports decline in Q3 retail sales

WOONSOCKET, R.I.  — Despite sales declines in its retail pharmacy business, CVS Health saw overall revenue rise and bested Wall Street’s earnings forecast for its fiscal 2017 third quarter. CVS said Monday that for the third quarter ended Sept. 30, sales totaled $46.18 billion up 3.5% from $44.62 billion a year earlier. CVS third-quarter sales

Ashworth named Walgreens operations president

Ashworth named Walgreens operations president

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) has promoted Richard Ashworth to president of operations at Walgreens, a newly created position. WBA said Wednesday that Ashworth assumes the new role effective immediately. With the move, he adds responsibilities in the health care commercial, IT and supply chain areas at Walgreens in addition to the duties

U.S. retail sector on track for healthy growth

U.S. retail sector on track for healthy growth

NEW YORK — For 2017, the U.S. retail industry stands to turn in solid sales growth, including healthy holiday retail sales, despite continued pressure on operating results, according to Moody’s Investors Service. Moody’s pegs 2017 U.S. retail sales growth at 3% to 4%, upholding its previous outlook. However, the rating agency has lowered its forecast

WBA to shut 600 stores in retail network overhaul

WBA to shut 600 stores in retail network overhaul

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) plans to close 600 stores starting next year as it rationalizes its U.S. drug store base following the $4.375 billion purchase of 1,932 Rite Aid stores. In reporting its fiscal 2017 fourth-quarter and annual results on Wednesday, WBA said it expects to finalize the Rite Aid store acquisition

McKesson U.S. Pharmaceutical president to depart

McKesson U.S. Pharmaceutical president to depart

ST. PAUL, Minn. — McKesson U.S. Pharmaceutical president Mark Walchirk is leaving the company to become president and chief executive officer of Patterson Companies Inc., a distributor serving the dental and animal health markets. Patterson said Tuesday that Walchirk is slated to start at the company on Nov. 20. He also will become a member

Coca-Cola North America names new president

Coca-Cola North America names new president

ATLANTA — James Dinkins has been tabbed by the Coca-Cola Co. to succeed J. Alexander “Sandy” Douglas as president of Coca-Cola North America. Coca-Cola said Monday that Dinkins will become Coca-Cola North America president effective Jan. 1, 2018, and report to corporate president and chief executive officer James Quincey. Plans call for Sandy Douglas to retire

Ahold Delhaize U.S. brands to adopt IRI platform

Ahold Delhaize U.S. brands to adopt IRI platform

NEW YORK — Food and drug retailer Ahold Delhaize plans to implement IRI’s sales and supply chain analytics platform for its Ahold USA and Delhaize America brands. Under a long-term agreement announced Tuesday, IRI will leverage its IRI Liquid Data platform to provide integrated point-of-sale (POS), frequent shopper program and supply chain data for Delhaize

WBA launches co-developed skin care brand

WBA launches co-developed skin care brand

NEW YORK — Walgreens Boots Alliance has begun rolling out YourGoodSkin, a skin care line it helped develop, to select Walgreens and on Walgreens.com. WBA said Wednesday that YourGoodSkin — co-created with scientists, dermatologists and a community of thousands of women — is formulated to help prevent skin problems before they occur. Headlining the 23-item

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