BENTONVILLE, Ark. — Today, Walmart and Express Scripts announced an extension to the companies’ existing network agreement to provide access to Walmart’s prescription services for Express Scripts clients’ covered members. The companies also made a commitment to deliver additional affordable prescription solutions to millions of underinsured and uninsured Americans. As part of the ongoing relationship, Walmart is
CINCINNATI — Kroger Co. on Thursday reported a third quarter profit of $317 million, or 39 cents per diluted share, compared with $397 million, or 44 cents a share, a year ago. Overall sales declined slightly to $27.7 billion in the 13 weeks to November 10. Same-store sales rose 1.6%, excluding fuel. Kroger’s profits are
DEERFIELD, Ill. — Walgreens and FedEx Corp. on Thursday announced a nationwide rollout of next-day prescription delivery service, bringing together Walgreens extensive network of neighborhood pharmacy locations with the FedEx air-and-ground delivery network to enhance convenience for patients to fill prescriptions. Walgreens is now the fastest choice for next-day prescription delivery across the nation. Patients
DEERFIELD, Ill. — Kroger Co. and Walgreens on Tuesday announced two major initiatives, building on the exploratory pilot the companies announced in October, combining America’s food and grocery authority with Walgreens global expertise in pharmacy, health and beauty. “We are redefining the customer experience in a variety of ways through Restock Kroger, including innovative partnerships
JACKSONVILLE, Fla. — Southeastern Grocers Inc. is set to unveil its 27th grocery store under the Fresco y Más banner with a grand opening of a store in Lauderhill, Fla., on December 5. The company, which also operates the BI-LO, Harveys and Winn-Dixie chains, opened its first six Fresco y Más stores in 2016 to cater
NEW YORK — Mass Market Retailers on Tuesday evening honored the outstanding executives who were chosen as the publication’s Six Who Made a Difference in 2018. On hand to receive awards were the following executives: Staci Cochran, Senior Buying Manager for O-T-Cs at Walmart. Patrick Dennis, Group Vice President of General Merchandise and Health and
CHESAPEAKE, Va. — Dollar Tree Inc. reported a 4.2% increase in consolidated net sales, to $5.54 billion, for its fiscal 2018 third quarter. Same-store sales for the company increased 1%, and net income increased 5.1% to $281.8 million. “We delivered earnings within the range of our expectations despite continued cost pressures related to domestic freight
Woonsocket, R.I. – CVS Health on Wednesday announced that it completed its acquisition of Aetna establishing CVS Health as the nation’s premier health innovation company. “Today marks the start of a new day in health care and a transformative moment for our company and our industry,” said CVS Health president and chief executive officer Larry Merlo.
NEW YORK —Black Friday lived up to its reputation as the busiest shopping day of the year, according to the International Council of Shopping Centers, which estimates that about 151 million people visited a mall or shopping center over the weekend. “Black Friday kicked the holiday shopping season into high gear, driven by positive consumer
MINNEAPOLIS — Target Corp. on Tuesday reported strong third quarter results that included a 5.1% increase in comparable sales, a 49% in digital channel sales and a 5.3% increase in customer traffic. Total revenue for the three months ended November 3 were $17.8 billion, an increase of 5.6% over the comparable prior year period. Operating
CINCINNATI — Kroger Co. has chosen a suburb of its hometown as the site for its first automated customer fulfillment center (CFC). The facility, which is planned for the Cincinnati suburb of Monroe, Ohio, will be the first of 20 that Kroger and partner Ocado plan to build to support the retailer’s online grocery business. “Kroger
BENTONVILLE, Ark. — Walmart on Thursday reported a net income of $1.71 billion, or 58 cents a share, in its third quarter on revenue of $124.89 billion. Earnings were fueled by strong e-commerce sales, as the company continues to acquire online brands in categories like apparel and home goods while also expanding its grocery business.