April 2, 2024 by MMR
McKesson, Project Oasis
Leading Headlines, Retail News
IRVING, Texas – McKesson Corp. announced the launch of Project Oasis, a new initiative aimed at advancing health equity for at-risk populations in underserved communities. Led by McKesson’s Global Impact Organization and Community Pharmacy & Health, Project Oasis seeks to identify and address pharmacy deserts, particularly in urban areas where residents face significant challenges in accessing essential pharmacy
April 2, 2024 by MMR
Target, Target Circle, Target Circle 360, Target Circle Week
Featured Articles, Leading Headlines, Retail News
MINNEAPOLIS – Target has has enlisted actress Kristen Wiig to reprise her role as the iconic Target Lady in a national advertising campaign to support its Target Circle Week promotion. Scheduled for April 7-13, the promotion promises twice the amount of savings compared to its fall iteration, according to the retailer, which says that this
April 1, 2024 by MMR
health clinic, Texas, Walmart Health
Leading Headlines, Retail News
BENTONVILLE, Ark. — Walmart will open its first health clinic in Texas next month on the way to 70 across the U.S. by the end of the year according to an article in Forbes. Walmart, which has 48 Walmart Health centers in five states, said in the article it will add 22 new locations in 2024,
April 1, 2024 by MMR
Allan Dumo, Kayla McFeely, Lauren F. Lyles-Stolz, the National Association of Chain Drug Stores (NACDS)
Leading Headlines, People, Retail News
ARLINGTON, Va. — The National Association of Chain Drug Stores (NACDS) has promoted three staff team members to roles deemed critical for the association and the industry it serves. “These promotions position NACDS for the future of retail healthcare and new opportunities for pharmacy services,” NACDS president and CEO Steven C. Anderson said in announcing
March 25, 2024 by MMR
fiscal 2023, growth, Target
2024, Issue 03-25-2024
MINNEAPOLIS — Target Corp. achieved stunning profit growth in fiscal 2023 despite continued soft sales that ameliorated somewhat over the second half. Looking to the future, management expects to reignite growth by reinforcing, refining and enhancing the strengths that have driven top- and bottom-line expansion for the retailer over the past decade. No strategic reset
March 25, 2024 by MMR
Easter spending
2024, Issue 03-25-2024
WASHINGTON — Consumers are expected to spend about $22.4 billion on food, clothing and gifts to celebrate Easter, which falls on March 31 this year. That’s according to the annual survey conducted by the National Retail Federation and Prosper Insights & Analytics. The total figure is the second highest in the survey’s history, after last
March 25, 2024 by MMR
Dollar Tree, Q4
2024, Issue 03-25-2024
CHESAPEAKE, Va. — Dollar Tree Inc. reported disappointing quarterly earnings and offered a downbeat outlook on March 13 and announced plans to shutter about 1,000 stores, nearly all of which operate under its Family Dollar banner. As part of an ongoing portfolio review, company executives have identified some 600 Family Dollar stores to close in
March 25, 2024 by MMR
Aldi
2024, Issue 03-25-2024
BATAVIA, Ill. — ALDI, a retailer already known for its rapid growth, has unveiled plans to increase its store count by 800 locations across the country by the end of 2028. The ambitious five-year expansion plan involves opening new stores and converting existing ones. As part of this expansion effort, ALDI announced that it has
March 25, 2024 by MMR
FMI - The Food Industry Association, nonfood, supermarkets
2024, Issue 03-25-2024
JACKSONVILLE, Fla. — Supermarket operators have sold nonfood products for decades, but they still aren’t getting their fair share of the business. Despite the frequent trips that shoppers make to the grocery store, the channel only accounts for 8% of volume in the health and beauty care, household products and general merchandise categories, according to
March 25, 2024 by MMR
NACDS RxImpact Day, PBM reform, Senators
2024, Issue 03-25-2024
WASHINGTON — Retail pharmacy’s drive to secure enactment of meaningful PBM reform received a boost earlier this month when the leaders of the Senate Finance Committee spoke at a press briefing on Capitol Hill during NACDS RxImpact Day. Sens. Ron Wyden (D., Ore.) and Mike Crapo (R., Ind.), the chairman and ranking member of the
March 25, 2024 by MMR
2024 Report on Food Industry Contributions to Health & Well-being, FMI, health and wellness
2024, Issue 03-25-2024
ARLINGTON, Va. — Building on burgeoning consumer interest in the link between health and nutrition, the grocery industry aims to raise its profile as a destination for a broad and expanding range of products and services that support customers’ well-being. Executives at FMI – The Food Industry Association recently examined the trend during a briefing
March 25, 2024 by MMR
Conversations with WE, Inspire Inclusion, International Women’s Day, Kristin Recchiuti, Tina Jackse, WE
2024, Issue 03-25-2024
NEW YORK — With a nod to this year’s International Women’s Day theme, Inspire Inclusion, the latest edition of Conversations with WE focused on the journeys of two female industry leaders. Formed seven years ago, WE is an organization comprised of female executive leaders representing retailers, suppliers and business partners. Tina Jackse, chief commercial officer