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Video Forum: Doug Hoey, NCPA

Video Forum: Doug Hoey, NCPA

In this week’s Video Forum, Doug Hoey, chief executive officer of the National Community Pharmacists Association, talks about some of the issues confronting independent drug stores and the larger pharmacy sector. Scope of practice, DIR fees, and Rutledge vs. PCMA, which will be taken up by the Supreme Court in October, are among the subjects

Taylor named chief merchant at Dollar General

Taylor named chief merchant at Dollar General

GOODLETTSVILLE, Tenn. — Dollar General Corp. on Friday named Emily Taylor executive vice president and chief merchandising officer. Taylor succeeds Jason Reiser, who has left the company. Taylor joined Dollar General in 1998 and most recently served as senior vice president of channel innovation. “We are confident that Emily’s strategic vision and longstanding leadership with

Target, Walmart ramp up seasonal hiring

Target, Walmart ramp up seasonal hiring

NEW YORK — Walmart and Target are hiring extra employees for the upcoming holiday shopping season, but the retailers say that this year there will be an increased focus on supporting online shopping. Making the in-store shopping experience as safe as possible for customers and employees alike is another top priority. Target said Thursday that

Rite Aid’s Q2 sales and earnings top projections

Rite Aid’s Q2 sales and earnings top projections

CAMP HILL, Pa. — Rite Aid’s second-quarter sales and earnings beat Wall Street’s forecast.   Adjusted earnings per share of 25 cents topped analysts’ projection of a 1 cent loss.  Revenue for the period ended August 29 climbed 11.5% to $5.98 billion, driven by store and PBM gains, and bettering the forecast $5.75 billion. The

Retail recovery continues in August

Retail recovery continues in August

WASHINGTON – Retail sales gains in August point to continued recovery from the coronavirus, the National Retail Federation said on Wednesday. “While August retail sales numbers were a bit mixed, we believe the consumer is resilient and is in good shape as we head into the holiday season,” NRF president and CEO Matthew Shay said

Video Forum: Jeff Leger, Shoppers Drug Mart

Video Forum: Jeff Leger, Shoppers Drug Mart

Jeff Leger, president of Shoppers Drug Mart, Canada’s largest drug chain, discusses recent developments at the company in this week’s Video Forum. The launch of Shoppers’ first freestanding health clinic, the retailer’s innovative home health care and beauty clinic formats, and the medical marijuana business are among the subjects covered.

Kroger posts strong second-quarter earnings

Kroger posts strong second-quarter earnings

CINCINNATI – The Kroger Co. said fiscal second-quarter sales jumped 13.9% to $30.5 billion, a second consecutive double-digit gain as shoppers continue to eat at home during the coronavirus pandemic. Kroger’s digital business was again a standout in the quarter ended August 15, with online sales increasing 127%. Same-store sales, excluding fuel, increased 14.6% in

Mall owners buy J.C. Penney’s retail business

Mall owners buy J.C. Penney’s retail business

CORPUS CHRISTI, Texas – Two of the nation’s largest mall owners have agreed to acquire J.C. Penney’s retail business, a deal that would allow the retailer to avoid liquidation and keep stores open and some 70,000 employees on the job heading into the holidays. When it filed for bankruptcy protection, in May, Penney had 850

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