August 12, 2019 by MMR
Bruce Bodaken, Heyward Donigan, John Standley, Rite Aid
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CAMP HILL, Pa .— Rite Aid Corp. said Monday that the board of directors has appointed Heyward Donigan as chief executive officer and a member of the board, effective immediately. As planned, John Standley will step down from his role as chief executive officer. “Today’s announcement is an important step in positioning Rite Aid for
August 7, 2019 by MMR
CVS Health, Larry Merlo, second quarter
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WOONSOCKET, R.I.— CVS Health stock rose nearly 6% in pre-market trading on Wednesday after the company reported strong second quarter operating results for the three months ended June 30, 2019. Second quarter earnings beat Wall Street’s expectations, and the company significantly raised its own projection for full-year earnings. “We posted strong second quarter results, with
August 3, 2019 by MMR
CVS Health, George Coleman, Judy Sansone
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WOONSOCKET, R.I. — CVS Health said Saturday that Judy Sansone, the company’s senior vice president of front store business and chief merchant, has decided to retire in September. Sansone’s career at CVS spans 42 years and the company said she has played a critical role in many of the company’s most transformative moments. She played
August 2, 2019 by MMR
George Frahm, Greg McNiff, Stater Bros. Markets
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SAN BERNARDINO, Calif. — Stater Bros. Markets president and longtime food industry leader George Frahm is planning to retire on October 31, and industry veteran Greg McNiff will be his successor. In his new role, McNiff will report directly to Stater Bros. chief executive officer Pete Van Helden. The company said McNiff will officially join
August 1, 2019 by MMR
fiscal results, Publix, second quarter
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LAKELAND, Fla. — Publix reported sales of $9.3 billion for the three months ended June 29. That is a 6.8% increase over the $8.8 billion recorded in the comparable period in 2018. Comparable store sales increased 4.8% in the second quarter. The company estimates that 1.2% of that increase was due to the fact that
July 29, 2019 by MMR
Albertsons Cos., Alina Shamus, Anita Elliott, Dollar General, Emily Taylor, Jessica Kazmaier, Jocelyn Konrad, Karen Staniforth, Kathleen Jaeger, Kathy Reardon, Laura Shaw, Lisa Kinney, Margherita Cardello, NACDS Foundation, Rhonda Taylor, Rite Aid, Walgreens, Walgreens Boots Alliance
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NEW YORK — Mass Market Retailers last week honored the outstanding executives who were identified by the publication as the industry’s Most Influential Women in 2019. The awards presentation and reception drew retailer and supplier executives from across the food, drug and mass channels to a ballroom in lower Manhattan. On hand to receive awards
July 25, 2019 by MMR
Amazon, Amazon's fiscal second quarter, financial results, second quarter
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SEATTLE, Wash. — Amazon reported net sales of $63.4 billion in the second quarter, beating analysts’ expectations. That is an increase of about 20% over sales in the prior year period, and when the $814 million unfavorable impact of foreign exchange rates is excluded from the calculation, the increase in net sales was 21%. Net
July 24, 2019 by MMR
CVS Pharmacy, UPS
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ATLANTA — UPS is rolling out package pickup and return service in CVS Pharmacy stores nationwide. For CVS, joining the UPS Access Point network will not only help drive store traffic but also provide UPS customers with the option to consolidate their trips and spending.The offering, which is set to begin immediately and is planned
July 23, 2019 by Jeffrey Woldt
(866) DIR-RE4M, National Association of Chain Drug Stores, Senate Finance Committee
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WASHINGTON — With the Senate Finance Committee expected to begin making decisions on spending bills as early as today, the National Association of Chain Drug Stores has launched a telephone hotline — (866) DIR-RE4M — that pharmacy advocates can use to urge the inclusion of DIR fee relief in drug-pricing legislation. An NACDS RxImpact grassroots
July 19, 2019 by MMR
Alex Krueger, Ashley Buchanan, Cameron Geiger, David Guggina, Greg Foran, Greg Smith, Jeff England, Jeff Hammonds, Justen Traweek, Ken Braunbach, Michael Dastugue, Mike Gray, Mike Indresano, Monique Picou, Tim Cooper, Tom Shortt, Walmart
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BENTONVILLE, Ark. — Walmart is merging its U.S. store and digital supply chain teams in what the company calls a next step in its efforts to create a seamless omnichannel shopping experience for its customers. Greg Smith, executive vice president, supply chain at Walmart U.S., will lead the combined team, and will report jointly to
July 17, 2019 by MMR
Giant Food, Heirloom Market
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CARLISLE, Pa. — GIANT Food Stores is opening its second of four GIANT Heirloom Market stores on August 2 in Philadelphia, in the city’s University City neighborhood. Ahold Delhaize’s GIANT Food Stores unit has developed the small-format concept to bolster its presence in urban neighborhoods. “The opening of our second GIANT Heirloom Market store reaffirms
July 15, 2019 by MMR
GreenWise Market, Publix, Tampa
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LAKELAND, Fla. — Publix Super Market is bringing its new-concept GreenWise Market to Tampa. The retailer also plans to remodel an older version of the format in the city, converting it into a traditional Publix store during a planned remodel scheduled to begin next month. “We look forward to sharing our new-concept GreenWise Market with