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WOONSOCKET, R.I. —CVS Health’s leadership team outlined a new strategy Thursday focused on making health care more convenient, personalized and affordable for consumers. “Now is the time to undertake our next major evolution and capitalize on our role as the leading health solutions company in America,” CVS Health president and CEO Karen Lynch said
LAKELAND, Fla. — Publix Super Markets Inc., which in September announced plans to expand into Kentucky, said Tueday that it has signed a lease for a second store in the state. Located in Louisville, like the previously announced store, the new 55,701-square-foot Publix supermarket will include a drive-thru Publix Pharmacy and an adjacent 2,800-square-foot Publix
In this week’s Video Forum, Scott Knoer, executive vice president and chief executive officer of the American Pharmacists Association, describes efforts to advance the interests of the nation’s pharmacists and expand their scope and impact on health care. The working relationship between pharmacists and physicians, working conditions for pharmacists, and the need for a more
WASHINGTON – With the holiday season “off to a good start,” the National Retail Federation’s chief economist now expects consumer spending to exceed his October forecast, overcoming supply chain disruptions, inflation and challenges like the new COVID-19 omicron variant. “Now that we’re in December, the holiday shopping season is nearing the finish line,” said Jack
GOODLETTSVILLE, Tenn. – Dollar General on Thursday said it will expand internationally for the first time, opening 10 stores in Mexico during fiscal 2022. The retailer also said it plans to have 1,000 pOpshelf stores in operation by the end of fiscal 2025. Dollar General introduced pOpshelf a year ago as a new suburban store
ARLINGTON, Va. – The National Association of Chain Drug Stores (NACDS) and Health Preparedness Partners, LLC (HPP) released on Wednesday a report entitled – “Community Retail Pharmacies’ Experience During the COVID-19 Response: Successes and Lessons Learned to Date” – which centers on the key lessons learned from local pharmacies providing COVID vaccinations and testing as well
Michelle Peluso, CVS Health’s executive vice president and chief customer officer, who will become co-president of CVS Pharmacy on January 1, tells this week’s Video Forum about the company’s ongoing omnichannel transformation. She also addresses the new Healthier Happens Together corporate advertising campaign, CVS’ growing array of digital and IT capabilities, and opportunities to enhance
CLEVELAND — A federal jury on Tuesday found that pharmacies operated by Walmart, CVS Health and Walgreens contributed to the opioid epidemic in two Ohio counties, Reuters reported. The trial was for a lawsuit filed in 2018 by Ohio’s Lake and Trumbull counties against Giant Eagle, Walgreens Boots Alliance, CVS Health and Walmart. Thousands of
In this week’s Video Forum, Christina Hennington, executive vice president and chief growth officer at Target, discusses the company’s success at tailoring its business model to changing circumstances and consumer needs. Among the subjects she addresses are Target’s guiding principles, the development of owned brands and their place in the merchandise mix, and the
WOONSOCKET, R.I. — CVS Health announced on Thursday several moves to support its strategy of making health care more affordable, accessible and convenient for consumers. Prem Shah has been named to the newly created role of chief pharmacy officer and will oversee the omnichannel pharmacy strategy, effective immediately. On January 1, 2022, Shah and Michelle Peluso will become co-presidents of
MINNEAPOLIS — Target Corp. reported comparable sales growth of 12.7% in the third quarter, reflecting comparable store sales growth of 9.7% and comparable digital sales growth of 29%. Total revenue for the three-month period ended October 30 was $25.7 billion, an increase of 13.3% compared with the same quarter last year, driven by total sales
WASHINGTON – Early holiday shopping helped boost retail sales in October, the National Retail Federation said on Tuesday. “Retail sales data for October reflects the enduring strength of consumers’ finances and willingness to spend as the holiday season gets underway,” NRF President and CEO Matthew Shay said. “The robust balance sheets of American households are being