WOONSOCKET, R.I. — CVS Health is dedicated to helping people on the path to better health, says vice president of store brands and quality assurance Cia Tucci. “Millions of people rely on CVS Health brand of O-T-C products every day. As a pharmacy innovation company, being bold is part of our DNA in store brands.
CAMP HILL, Pa. — The way Ted Williams sees it, an element of surprise can be a wonderful thing. As vice president of general merchandise and seasonal at Rite Aid Corp., Williams strives daily with his category management team to meet customers’ shopping needs and — whenever possible — to provide a touch of the
BENTONVILLE, Ark. — Walmart will double the number of U.S. curbside locations next year where online shoppers can pick up groceries and other merchandise, hastening its transformation into a channel-agnostic retailer, company executives said at Walmart’s annual meeting with investors this month. At the same time, Walmart is scaling back new store growth in the
CINCINNATI — Kroger Co. is considering a sale of its convenience store business, the company announced at its annual investor conference here. “We want to look at all options to ensure this part of the business is meeting its full potential,” said executive vice president and chief financial officer Mike Schlotman. “Considering the current premium
ISSAQUAH, Wash. — Costco Wholesale Corp. has introduced new delivery services for its members. Costco chief financial officer Richard Galanti said in a conference call earlier this month that the company’s brick-and-mortar business is “as strong as it’s ever been.” But he added that the company is expanding its online offerings. Costco has introduced a
NEW YORK — Retail giant Target Corp. has opened its new concept store in Midtown Manhattan, right across the street from the flagship Macy’s Inc. store. Located on West 34th Street in Herald Square, this is one of several small-format stores Target is opening in New York City. The first opened in Tribeca last October,
WASHINGTON — After the devastation of this hurricane season it’s hard to find a silver lining, but there’s a glimmer in the latest sales report from the National Retail Federation (NRF) driven by increased demand for building supplies. Retail sales — excluding automobiles, gasoline stations and restaurants — in September increased 0.5% over August on
MONTREAL — Just days after confirming talks about a potential deal, Metro Inc. and the Jean Coutu Group have agreed to merge. The acquisition of Coutu by Metro Inc. will establish a $16 billion food and drug retailer with 1,307 stores in Quebec, Ontario and New Brunswick. Metro has agreed to purchase Coutu for $24.50
CAMP HILL, Pa. — Rite Aid Corp.’s appointment of chain drug retailing veteran Kermit Crawford as president and chief operating officer has moved it beyond the shadow of its aborted acquisition by Walgreens Boots Alliance Inc. (WBA), say industry analysts. Crawford — who during a three-decade career at Walgreens rose to become executive vice president
MINNEAPOLIS — Supervalu Inc. has agreed to acquire Associated Grocers of Florida Inc. for $180 million. The purchase extends Supervalu’s operations in Florida and provides opportunities to bring its products and services to Associated Grocers’ diverse customer base in the Caribbean and other international markets. Additionally, Supervalu reached a long-term supply agreement with Associated Grocers’
CINCINNATI — Kroger Co. Central division president Katie Wolfram, a 38-year company veteran, is set to retire from her post effective November 4. Wolfram will be succeeded by Pam Matthews, who has been serving as president of Kroger’s QFC division president. And Suzy Monford, the former chief executive officer of Andronico’s Community Markets, has joined
As this issue of MMR was going to press, Walmart was widely reported to be in the midst of serious discussions with Lord & Taylor about bringing the department store operator’s merchandise offerings to walmart.com as part of a larger effort to counter the appeal of Amazon in the battle to win the hearts and