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MINNEAPOLIS — Target plans to complement its beauty offerings with “shop-in-shop” Ulta Beauty departments in select stores, beginning next year. “We couldn’t be happier about bringing these two trusted brands together to redefine retail beauty experiences,” Target chairman and CEO Brian Cornell said in a statement. “This matchup brings Ulta Beauty’s coveted prestige beauty assortment,
In this week’s Video Forum, Bob Mauch, group president of AmerisourceBergen and chairman of the Healthcare Distribution Alliance, talks about pharmaceutical distributors’ contributions to the health care system. The durability, reliability and safety of the supply chain, partnerships between wholesalers and retail pharmacy operators, and HDA’s plans for a strategic refresh are among the subjects
WOONSOCKET, R.I. — CVS Health’s board of directors announced on Friday that Larry Merlo, who has served as CEO of CVS Health for a decade, is stepping down from his role next year and Karen Lynch, currently executive vice president, CVS Health and president, Aetna, will become the company’s next president and chief executive officer, effective February 1,
ZAANDAM, the Netherlands – Ahold Delhaize posted net sales of €17.8 billion (about $20.9 billion) in the third quarter. That is an increase of 6.8%, or 10.1% at constant exchange rates. Comparable sales growth (excluding gas) was up 12.4% in the United States and 7.5% in Europe, the company said Wednesday. Net consumer online sales
In this week’s Video Forum, Jon Roberts, chief operating officer of CVS Health, discusses the company’s unique health care model and its performance during the COVID-19 crisis. He also addresses the response of patients and payers to CVS’ HealthHUB format, the important place that front-end merchandise has in the company’s retail strategy, and the impact
PURCHASE, N.Y. — Retailers and shoppers have gotten an early start on this year’s holiday shopping season, and that should help lift overall sales. During this newly expanded holiday season, running from October 11 through December 24, Mastercard SpendingPulse is forecasting a 2.4% increase in U.S. retail sales (excluding automotive and gas) compared to the
WASHINGTON — U.S. grocery shoppers remain concerned about COVID-19 seven months into the pandemic, according to a new study by Hartman Group and FMI — The Food Industry Association. But despite their worries, many say they are eating better and see their primary food stories as health and wellness allies. The survey of 1,001 U.S.
GOODLETTSVILLE, Tenn. — Dollar General Corp. will hold a pre-holiday sales event on Friday, November 13, the company said on Tuesday. “With the holidays quickly approaching, we are thrilled to provide customers with a special, one-day savings event in stores and online to provide customers with an opportunity to shop and save early this season,”
For five of the past six years, Care Pharmacies has earned a place on the National Retail Federation’s Hot 100 list. In this week’s Video Forum, Mike Wysong, the company’s chief executive officer, talks about the reasons behind Care’s robust growth, collaboration among its members, and efforts to bolster sales outside the pharmacy department.
BENTONVILLE, Ark. — Walmart has sued the U.S. Department of Justice (DOJ) and the Drug Enforcement Administration (DEA). The retailer said Thursday evening that it is asking a federal court to clarify the roles and responsibilities of pharmacists and pharmacies under the Controlled Substances Act (CSA). The suit, Walmart Inc. v. DOJ, et al., is
MINNEAPOLIS — Target Corp. is rolling out new safety measures for the holiday shopping season, the company said on Thursday. “Year over year, the investments we’ve made in our business and team have made Target the easiest place to shop in America.” Target CEO Brian Cornell said in a statement. ” As we’ve navigated the
WASHINGTON – Consumers expect to spend a bit less this holiday season, according to the annual survey released Tuesday by the National Retail Federation and Prosper Insights & Analytics. Most of that decline will stem from consumers making less use of holiday sales for non-gift purchases. Buying presents for friends and family will still be