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COVID surge to reshape shopping plans

COVID surge to reshape shopping plans

NEW YORK — The COVID-19 surge has convinced many consumers to shop from home on Black Friday, according to the Deloitte  2020 Pre-Thanksgiving Pulse Survey released today. For the first time since the survey’s inception, more consumers plan to shop online (61%) than in-store (54%) on Black Friday. “As COVID-19 brings added health and financial concerns, both consumers and retailers are

Dollar Tree rolling out multi-price concept

Dollar Tree rolling out multi-price concept

CHESAPEAKE, Va. — Dollar Tree Inc. plans to expand its multi-price Dollar Tree Plus! initiative into about 500 stores beginning in the spring of 2021, the company said Tuesday. The announcement came as the retailer reported increased sales and profits for its fiscal third quarter ended October 31. Consolidated net sales increased 7.5% to $6.18

Neela Montgomery tapped to head CVS Pharmacy

Neela Montgomery tapped to head CVS Pharmacy

WOONSOCKET, R.I. — Neela Montgomery has been named executive vice president of CVS Health and president of the company’s CVS Pharmacy retail unit, with responsibility for overseeing the company’s 10,000 U.S. pharmacies, the company said Monday. Her appointment is effective November 30. “Neela is a seasoned retail industry leader with extensive digital and e-commerce experience,”

Critical issues in retail pharmacy

Critical issues in retail pharmacy

Key leaders in community pharmacy recently assembled for a roundtable hosted by MMR‘s sister publication, Chain Drug Review, and sponsored by ScriptPro, to discuss the profession’s impact on health care during the COVID-19 outbreak and beyond. In these highlights from the meeting, panelists from the retailing, pharmaceutical manufacturing and technology sides of the business address

Walmart Health concept makes Chicago debut

Walmart Health concept makes Chicago debut

CHICAGO — Two Walmart Supercenters here that were damaged during civil unrest in May have reopened with new health centers attached. “These last few months have been especially difficult for this great city, and it has done a remarkable job facing its challenges head on,” said Keith Wyche, Walmart vice president for community engagement and

Ahold Delhaize to acquire Fresh Direct

Ahold Delhaize to acquire Fresh Direct

NEW YORK — Ahold Delhaize has entered into a definitive agreement to acquire a majority stake in the online grocer FreshDirect, the company said Wednesday. Ahold Delhaize will acquire the majority share, funded by cash on hand, and Centerbridge Partners will be a minority equity investor with a 20% stake. After the deal closes, FreshDirect

Target posts 20.7% comp store sales gain in Q3

Target posts 20.7% comp store sales gain in Q3

MINNEAPOLIS — Target Corp. reported a 20.7% increase in comparable sales in the third quarter, driven by a digital comparable sales gain of 155%. Store comparable sales increased 9.9%, comparable traffic grew 4.5%, and the average ticket grew 15.6%, the company said. Same-day services (Order Pick Up, Drive Up and Shipt) grew 217%, and Target

Amazon offers new online pharmacy services

Amazon offers new online pharmacy services

SEATTLE — Amazon is rolling out two new pharmacy offerings to help customers conveniently purchase their prescription medications. Amazon Pharmacy, a new store on Amazon, allows customers to complete an entire pharmacy transaction on their desktop or mobile device through the Amazon App. The company is also offering special savings to Prime members. Using a

Video Forum: Lynne Fruth, Fruth Pharmacy

Video Forum: Lynne Fruth, Fruth Pharmacy

  Lynne Fruth, president of Fruth Pharmacy, tells this week’s Video Forum about how the COVID-19 pandemic has made the drug chain’s contributions to the communities it serves more important than ever. Issues covered include Fruth’s coronavirus testing initiatives, efforts to expand pharmacy’s role in health care, and the threat to the profession posed by

Retail pharmacies get ready for COVID-19 vaccine

Retail pharmacies get ready for COVID-19 vaccine

WASHINGTON — When a COVID-19 vaccine becomes available, retail pharmacies will play a critical role in getting it to American consumers. On Friday the U.S. Department of Health and Human Services (HHS) announced a partnership with large chain pharmacies and networks that represent independent pharmacies and regional chains. The program, which covers about 60% of

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