In the second of three episodes leading up to the National Association of Chain Drugs Stores Annual Meeting, which begins on April 26, NACDS president and chief executive officer Steve Anderson talks about chain pharmacy’s success in establishing itself as the face of neighborhood health care, the association’s “one team” approach to pursuing its agenda,
NEW YORK— Store brands maintained their relative share in the mass retail marketplace in 2020, accounting for about one of every four purchases across major food and nonfood categories, according to the latest figures from the Private Label Manufacturers Association (PLMA). Nearly one in five dollars spent at all outlets – supermarkets, pharmacy retail, warehouse
In the first of three episodes leading up to the NACDS Annual Meeting later this month, Video Forum talks with Rick Keyes, president and CEO of Meijer Inc., about his year as the association’s chairman. Among the topics discussed are chain pharmacy’s response to COVID-19, other issues of importance to the industry and NACDS’ ability
PURCHASE, N.Y. — U.S. retail sales grew by double-digits in March as the nation marked the one-year anniversary of the first lockdowns imposed in response to the COVID-19 pandemic. According to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, U.S. retail sales excluding automotive and gasoline increased 26.3% year-over-year
Jocelyn Konrad, executive vice president and chief pharmacy officer at Rite Aid, tells this week’s Video Forum about the drug chain’s efforts to combat COVID-19, including robust testing and immunization programs. She also addresses lessons learned from the pandemic, Rite Aid’s innovative approach to health and wellness, and the future of retail pharmacy.
BENTONVILLE, Ark. — Walmart is expanding its vaccination efforts, offering shots at a growing number of stores as well as through clinics aimed at underserved communities, educators and its own associates. “As the COVID-19 vaccine rollout ramps up and vaccine eligibility widens, Walmart is administering vaccines in more than 3,800 stores and clubs across 48
WASHINGTON – Vaccines and stimulus money are boosting an economy that has already improved dramatically since this time last year, National Retail Federation chief economist Jack Kleinhenz said. “The economy has come a long way compared with a year ago,” Kleinhenz said. “Both monetary policy set by the Federal Reserve and fiscal policy set by
DEERFIELD, Ill. — Walgreens Boots Alliance’s second-quarter earnings easily beat analysts’ projections, as sales rose 4.6% to $32.8 billion. WBA posted adjusted earnings of $1.21 billion, or $1.40 per share, well ahead of Wall Street’s estimate of $1.11. The company elevated its full-year guidance to mid-to-high single-digit growth in constant currency adjusted EPS from both
GOODLETTSVILLE, Tenn. — Dollar General has promoted eight executives to new roles, in a move the company said reflects its commitment to providing opportunities for people to move up. “We prioritize employee growth and development because it allows us to live our mission of Serving Others in the communities we call home,” Dollar General CEO
BOISE, Idaho — Albertsons Cos. said Tuesday that it is working with Google to offer an enhanced omnichannel shopping experience for its customers. The retailer said it is introducing several enhancements that will make the shopping easier and more efficient, including: Integrating with Google Search and Maps to help shoppers more easily find what they
DEERFIELD, Ill. – Walgreens is partnering with InComm Payments to provide convenient and accessible financial services options for its customers, the companies said on Tuesday. Together, the companies plan to launch a new bank account offering for its customers to be established at MetaBank with a Mastercard debit card that will serve Walgreens shoppers both
In this week’s Video Forum, Micah Cost, who in February succeeded Laura Cranston as chief executive officer of the Pharmacy Quality Alliance, talks about what attracted him to the organization and his agenda for 2021. Cost details PQA’s ongoing efforts in three key areas — quality measures, research and education.