February 15, 2023 by MMR
Leading Headlines, Retail News
ARLINGTON, Va. — NACDS announced that Gladys Knight will be performing during the Board of Directors Dinner on Tuesday, April 25 7:30 p.m. – 10:30 p.m. at the NACDS Annual, which is being held April 23-25 at the Breakers in Palm Beach, Fla. The great ones endure, and Gladys Knight has long been one of
February 14, 2023 by MMR
DIR fee reform, DIR fees, NACDS
Leading Headlines, Pharmacy, Retail News, Topics
ARLINGTON, Va. – The National Association of Chain Drug Stores (NACDS) is reminding the Centers for Medicare & Medicaid Services (CMS) that the 107,400% growth in “DIR fees” over one decade’s time continues to jeopardize seniors and the pharmacies that serve them. In formal comments on CMS’ proposed Medicare rule for 2024, NACDS noted that a rule finalized in
February 13, 2023 by MMR
ECRM, Michaels, RangeMe
Leading Headlines, Supplier News
IRVING, Texas – Michaels, the largest specialty retailer of arts, crafts, and home décor in North America, is hosting its first-ever Innovation Summit in collaboration with RangeMe and ECRM to discover new and unique products to add to its assortment. “Michaels is always on the lookout for the latest and greatest products to empower our
February 10, 2023 by MMR
Hy-Vee, Hy-Vee OpportUNITY Inclusive Business Summit
Leading Headlines, Retail News, Topics
MINNEAPOLIS — Hy-Vee Inc. awarded $50,000 to local minority- and women-owned businesses during the Hy-Vee OpportUNITY Inclusive Business Summit at U.S. Bank Stadium. Wednesday’s event was the third summit Hy-Vee has hosted in support of underrepresented groups to provide these business owners with access to funding and valuable business development resources. These summits are part
February 9, 2023 by MMR
CRN, dietary supplements
Leading Headlines, Supplier News, Topics
WASHINGTON — The American Herbal Products Association (AHPA), the Consumer Healthcare Products Association (CHPA), the Council for Responsible Nutrition (CRN), and the United Natural Products Alliance (UNPA), organizations representing dietary supplement manufacturers, marketers and ingredient suppliers, released the statements below commending Senators Lee (R-UT) and Sinema (I-AZ) on their resolution recognizing the importance of dietary
February 9, 2023 by MMR
BJ's Wholesale Club, membership clubs, retail expansion
Leading Headlines, Retail News
MARLBOROUGH, Mass.—BJ’s Wholesale Club announced today that it will continue its expansion of new club locations in the upcoming months, including opening its very first club in Tennessee, in La Vergne, in the first half of this year. BJ’s also plans to open clubs in Davenport, Fla., and McDonough, Ga., later this month. “Our club
February 9, 2023 by MMR
chief financial officer, Keith Knopf, Raley's Cos., Raley's president and CEO Keith Knopf, The Raley's Companies, Tiffanie Burkhalter
Leading Headlines, People, Retail News
WEST SACRAMENTO, Calif. – The Raley’s Companies has named Tiffanie Burkhalter chief financial officer, effective February 16. In this role, Burkhalter will oversee all enterprise financial functions, real estate and risk management. “We took great care and diligence to find an executive who aligns with our purpose, values and culture while also bringing outstanding and proven
February 9, 2023 by MMR
Medly Health, Pharmaca, Walgreens
Leading Headlines, Retail News
DEERFIELD, Ill. — Walgreens confirmed Wednesday it has purchased Medly Health, a digital pharmacy business, which could lead to the closure of all 22 Pharmaca Integrative Pharmacies. Medly Health, the Brooklyn, New York-based company, which filed for bankruptcy in December, reported it had $110 million in secured debt. On Tuesday, Walgreens’ deal to purchase the
February 8, 2023 by MMR
ECRM, RangeMe, Supplier Diversity Summit, Walgreens
Leading Headlines, Retail News, Supplier News, Uncategorized
DEERFIELD, Ill. — Walgreens plans to hold a Supplier Diversity Summit the week of March 28, the company said on Wednesday. The virtual event will give diverse vendors a chance to connect with the Walgreens merchandising team, share their products and receive feedback. Ultimately, the goal is for them to have their products stocked on
February 8, 2023 by MMR
CVS Health, CVS Health President and CEO Karen Lynch, Karen Lynch, Oak Street Health
Featured Articles, Leading Headlines, Money, Retail News
WOONSOCKET, R.I. — CVS Health has agreed to acquire Oak Street Health in a $10.6 billion deal that will expand CVS’s recently formed Health Care Delivery organization. “Combining Oak Street Health’s platform with CVS Health’s unmatched reach will create the premier value-based primary care solution,” CVS Health president and CEO Karen Lynch said in a
February 8, 2023 by MMR
JT, KISS Colors & Care
Leading Headlines, Supplier News
PORT WASHINGTON, N.Y. — KISS Colors & Care, an award-winning textured hair brand, announced its newest brand partner, international rapper, songwriter, and model, JT. “KISS Colors & Care is dedicated to celebrating individual empowerment and self-expression in its consumers’ hair journey by delivering high-quality, nourishing, innovative products to style confidently. As a longtime fan of
February 8, 2023 by MMR
CVS Health, fourth-quarter earnings, Oak Street Health
Leading Headlines, Money
WOONSOCKET, R.I. — CVS Health topped analysts’ expectations for fourth-quarter sales and earnings, led by strong insurance and retail results. Earnings per share for the three months ended Dec. 31 rose 0.5% from the year-ago period to $1.99 on revenue of $83.8 billion (up 9.5%). Wall Street had projected adjusted EPS of $1.92 on revenue