March 31, 2023 by MMR
Albertsons Cos., health benefit cards
Featured Articles, Leading Headlines, Retail News

BOISE, Idaho — Albertsons Cos. has announced a deal that will allow customers to use their health benefit cards to buy food and health and wellness items at its stores. The retailer said Friday that it has partnered with the global financial services technology firm FIS, which represents supplemental health benefits administrators (including Fresh Connect,
March 30, 2023 by MMR
Amanda Wilson, beauty, Curl Rhythm, Dollar General, Joy Works
Featured Articles, Leading Headlines, Retail News

GOODLETTSVILLE, Tenn. — Dollar General is rolling out new store layouts with reimagined layouts in the beauty, skin and hair care departments. Branded as “Beauty Reinvention” within the company, the new will bring simpler, easy-to-navigate beauty and personal care aisles with expanded product offerings to approximately 300 stores this fiscal year. “We have been purposeful
March 28, 2023 by MMR
Featured Articles, Leading Headlines, Money

DEERFIELD, Ill. — Walgreens Boots Alliance’s second quarter sales and earnings topped Wall Street’s forecast, even as its net profit slid more than 20%. The company reported adjusted earnings per share of $1.16 on revenue of $34.9 billion (up 3.3%). Analysts had estimated adjusted EPS of $1.10 on revenue of $33.5 billion. WBA’s net profit
March 24, 2023 by MMR
Easter, National Retail Federation, retail sales
Featured Articles, Leading Headlines

WASHINGTON – Consumers plan to spend a collective $24 billion on Easter this year, up from $20.8 billion in 2022 and the previous record high of $21.7 billion in 2020, according to the annual survey by the National Retail Federation and Prosper Insights & Analytics. Eighty-one percent of Americans will celebrate the holiday and spend
March 23, 2023 by MMR
NACDS, NACDS president and CEO Steve Anderson
Featured Articles, Leading Headlines, Retail News

ARLINGTON, Va. – National Association of Chain Drug Stores (NACDS) president and chief executive officer Steven Anderson issued the following statement today upon passage of the Pharmacy Benefit Manager Transparency Act (S. 127) by the U.S. Senate Commerce, Science, and Transportation Committee: “NACDS applauds the continued focus and diligence that the U.S. Congress is bringing to
March 22, 2023 by MMR
Amy Chan, Ben Hamlin, Ben Negron, Carol Bork, Dave Hoover, Erik Petrovskis, executive chairman Hank Meijer, Kyle Musser, Meijer
Featured Articles, Leading Headlines, People, Retail News

GRAND RAPIDS, Mich. — Meijer announced today the winners of its 2022 Legacy Awards, recognizing seven individuals across the company for their impact on their teams, customers and communities. The company also announced recipients of its first-ever Meijer Impact award, which celebrates an exceptional team’s accomplishments and extraordinary acts of service. “While a lot about
March 20, 2023 by Jeffrey Woldt
Chain Drug Review/MMR Video Forum, Dr. David Carmouche, Video Forum, Walmart, Walmart Health
Featured Articles, Leading Headlines, Videos

Dr. David Carmouche, senior vice president of omnichannel care at Walmart, tells this week’s Video Forum about the company’s plan to double the footprint of its eponymous health centers. He also shares his insights about the evolution of the format since its inception in 2019, how the clinics relate to the Supercenters they adjoin, Walmart’s
March 16, 2023 by MMR
Dollar General, Dollar General CEO Jeff Owen
Featured Articles, Leading Headlines, Money, Retail News

GOODLETTSVILLE, Tenn. — Dollar General Corp. reported strong sales for the fourth quarter and fiscal year (53 weeks) ended February 3, although store traffic was down and sales came in below expectations. Fourth quarter net sales increased 17.9%, and fiscal year net sales increased 10.6%. Same-store sales in the fourth quarter increased 5.7%, falling short
March 15, 2023 by MMR
Andre Persaud, Bill Miller, Karen Staniforth, Rite Aid
Featured Articles, Leading Headlines, People, Retail News

CAMP HILL, Pa. — Andre Persaud, chief retail officer at Rite Aid, has left the company. Bill Miller, senior vice president of central retail operations, will serve as acting head of retail operations. Chief pharmacy officer Karen Staniforth will oversee store pharmacy operations. The company provided no details on Persaud’s departure, saying, “We appreciate his
March 13, 2023 by Jeffrey Woldt
Association for Accessible Medicines, Chain Drug Review/MMR Video Forum, Christine Baeder, Teva USA, Video Forum
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Christine Baeder, chief operating officer for generics and biosimilars at Teva USA and newly named chair of the Association for Accessible Medicines, tells this week’s Video Forum about the threats facing the generic pharmaceutical industry and what should be done to counter them. She also discusses the relatively slow pace of adoption of biosimilars in
March 10, 2023 by MMR
ESG Report, Ornella Barra, Walgreens Boots Alliance (WBA)
Featured Articles, Leading Headlines, Retail News

DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) has released its fiscal year 2022 ESG report, detailing the company’s efforts to live up to its stated purpose of creating more joyful lives through better health. WBA yesterday hosted a virtual event, featuring report highlights and discussions with ESG thought leaders. In addition to sharing the company’s
March 9, 2023 by MMR
Kantar, National Retail Federation, Top 50 Global Retailers, Walmart
Featured Articles, Leading Headlines, Retail News

WASHINGTON – Walmart maintains its No. 1 position on the National Retail Federation’s latest list of the Top 50 Global Retailers. Conducted by Kantar, the 2023 list ranks the world’s most impactful retailers based on their operations at the beginning of 2022. Kantar’s ranking system gives points to retailers according to their domestic and international