CAMP HILL, Pa. — Rite Aid Corp. posted results for the first quarter of fiscal 2022 that fell short of some analysts’ projections although the company’s retail pharmacy segment achieved robust sales and profit growth. Heyward Donigan The reported net loss from continuing operations for the 13 weeks ended May 29 fell to $13.1 million,
CAMP HILL, Pa. — Rite Aid has published its third annual corporate sustainability report, detailing the company’s enhanced Environmental, Social and Governance (ESG) strategy. The report introduces four key pillars underpinning Rite Aid’s sustainability efforts: building a thriving planet, thriving business, thriving workplace and thriving community. “As a health care organization that aspires to support
NEW YORK – The pandemic has put consumers in the driver’s seat: it’s a truism voiced repeatedly at this week’s NRF Retail Converge conference. Kath McLay, president and chief executive officer at Sam’s Club, shares the sentiment, and thinks the new normal also is an opportunity for retailers willing to engage consumers on their terms.
SAN FRANCISCO — QVC and HSN are expanding their relationship with RangeMe, the industry standard online platform that streamlines new product discovery between product suppliers and retailers, to bring new efficiency and scale in their ongoing efforts to find new brands and innovative products through their Product Pitch program. Nicky Jackson “We are constantly looking for innovative products that will surprise and
NEW YORK – Since assuming control of a wobbly Southeastern Grocers, in 2017, Anthony Hucker says he’s “put people first” in every aspect of the retailer’s turnaround — essentially placing a bet that by trusting and empowering employees, the workers would save the company. And that’s precisely what’s happening, Hucker said Tuesday during a keynote
WEST DES MOINES, Iowa — FMI: the Food Industry Association has named Hy-Vee Inc.’s Brandon Lampkin as 2021’s Store Manager of the Year. This marks the second year in a row a Hy-Vee store director has been chosen for this national honor. Jen Book, recently retired store director of the Altoona Hy-Vee store, was honored
DEERFIELD, Ill. — Customers getting a COVID-19 vaccination at Walgreens will now receive $25 in Walgreens Cash rewards, the company announced Tuesday. The Walgreens Cash rewards will be available immediately following the vaccination for those who have myWalgreens accounts. Individuals without a myWalgreens account can opt to receive a $25 Walgreens gift card following vaccination
ATLANTA — The American Cancer Society (ACS) and CVS Health are launching an in-store fundraising campaign at CVS Pharmacy locations nationwide. Customers will have the opportunity to round up their change or make a $1 or $3 donation at the register at any CVS Pharmacy location through Saturday, July 17. “Together, the American Cancer Society and CVS
MINNEAPOLIS — Target Corp. on Tuesday unveiled Target Forward, the company’s new sustainability strategy that puts its business to use to positively impact both people and the planet. Building on the retailer’s legacy of corporate responsibility and sustainable practices, the company said Target Forward marks a new era in sustainability the company, as the retailer
NEW YORK — When he was asked almost a year ago what pandemic-related changes in consumer behavior would likely stick around once things returned to normal, Walmart U.S. president and CEO John Furner said it was too soon to tell. So when National Retail Federation president and CEO Matthew Shay interviewed Furner on Monday, during
ST. PETERSBURG, Fla. – Since the Centers for Disease Control and Prevention (CDC) announced on May 13 that people who are fully vaccinated against COVID-19 no longer need to wear face masks in most indoor settings, there has been a strong, subsequent sales uptick for over-the-counter (O-T-C) medicines designed to treat such maladies as colds,
NEW YORK — The Private Label Manufacturers Association said Monday that its Board of Directors has confirmed the appointment of Peggy Davies as PLMA President. Davies has been leading the organization as acting president since June 2020. Her confirmation was effective on June 11, and she will serve a three-year term, according to PLMA. Davies