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MINNEAPOLIS — Target is one of a select group of retailers that have been able to respond effectively to the extraordinary challenges that 2020 presented to the industry and go on to perform at a level far beyond expectations. It is also one of a smaller and more select group of companies that reacted immediately
GOODLETTSVILLE, Tenn. — In a year that saw Dollar General celebrate the grand opening of its 17,000th store, unveil a new brand (pOpshelf) and serve as an essential resource during the pandemic, the retailer’s merchandising team was focused on advancing Dollar General’s sophisticated strategy to best serve its customers. We are proud to honor that
BENTONVILLE, Ark. — Walmart is reaping success by effectively pursuing an omnichannel strategy that capitalizes on its formidable assets — including 4,700 stores and warehouse clubs in the United States — while investing heavily in innovation. It is not, however, a strategy limited to the U.S. Among Walmart’s international markets, Canada, Mexico and China in
BOISE, Idaho — Since going to work at an Osco Drug store in Chicago as a 15-year-old high school student in early 1972, Mark Panzer has been a force in retail pharmacy. With hard work and the inspiration of role models, Panzer carved out a career in retailing that the editors at Mass Market Retailers
NILES, Ill. — The family ties that built Alva-Amco Pharmacal Cos. span more than a century and four generations. At the heart of both the family and the company has been Jeff Gerchenson, who worked for the over-the-counter drug producer for over 50 years, leading its growth for decades and cementing its status as a
DEERFIELD, Ill. — Walgreens Boots Alliance Inc.’s first quarter profits beat analysts’ projections handily. The company’s adjusted earnings per share of $1.22 topped the forecast of $1.03. Revenue for the period ended November 30 rose 5.7% to $36.3 billion, driven by gains in U.S. store sales and wholesaling. “Our first quarter results exceeded expectations
DEERFIELD, Ill. — Walgreens Boots Alliance is ramping up its investment in VillageMD in order to support the opening of 600 to 700 Village Medical at Walgreens primary care clinics in more than 30 U.S. markets within the next four years. Those clinics are to be followed by hundreds more after that. “Walgreens is focused
WOONSOCKET, R.I. — CVS Health has hired Michelle Peluso to serve as the company’s first chief customer officer, effective January 25. In this newly created executive leadership role, Peluso will be responsible for transforming the consumer experience and accelerating CVS Health’s digital strategy, the company said Wednesday. Peluso will have direct oversight for CVS Health’s
George Coleman, senior vice president of merchandising at CVS Health, tells this week’s Video Forum about the company’s evolving strategy at a turning point in its history. Coleman, who has just been named Merchant of the Year by Chain Drug Review, comments on the transition in leadership underway at CVS Health, the company’s omnichannel strategy
In this week’s Video Forum, Steve Mister, president and chief executive officer of the Council for Responsible Nutrition, discusses recent developments in the dynamic vitamin and nutritional supplements category. The topics he speaks to include the performance of the business during the COVID-19 pandemic, CRN’s response to the American Medical Association’s call for greater regulation
PURCHASE, N.Y. — Retail sales grew 3% this holiday season, according to preliminary data from Mastercard SpendingPulse, which attributes the size of the increase to an expanded holiday season and strong online sales. Year-over-year sales growth was up 2.4% for the traditional holiday shopping period of November 1 through December 24, according to the study,
CINCINNATI — Kroger Health, the health care division of The Kroger Co. said it will provide the COVID-19 vaccine nationwide across its 2,200 pharmacies and 220 clinics, partnering with the federal government and state health departments to administer the vaccine in accordance with the rollout plan. “Kroger Health is a COVID-19 response leader that