PLMA October Leaderboard

Issue 07-09-2012

Walgreens takes global stage

NEW YORK — In a bold move that could further transform the pharmacy business, Walgreen Co. has agreed to acquire a 45% equity stake in Alliance Boots, a global pharmacy and health and beauty care retailer and wholesaler based in London. In a bold move that could further transform the pharmacy business, Walgreen Co. has

Health reform ruling met with disapproval

NEW YORK — Retail industry groups criticized the Supreme Court’s 5-4 ruling to let stand the major elements of the Patient Protection and Affordable Care Act (PPACA) health reform law. Retail industry groups criticized the Supreme Court’s 5-4 ruling to let stand the major elements of the Patient Protection and Affordable Care Act (PPACA) health

Walmart format debuts in Denver

DENVER — Walmart has opened five Neighborhood Markets in the Denver area while the format has also made its debut in Georgia and Wisconsin. Walmart has opened five Neighborhood Markets in the Denver area while the format has also made its debut in Georgia and Wisconsin. The Colorado stores all occupy former Albertsons locations in

NACDS Marketplace ends its run

DENVER — After 25 years, the National Association of Chain Drug Stores held its final Marketplace Conference here last month. After 25 years, the National Association of Chain Drug Stores held its final Marketplace Conference here last month. Starting in 2013, the event will be part of the association’s Total Store Expo (TSE), which will

Kings Food Markets takes ‘fresh’ to another level

PARSIPPANY, N.J. — Kings Food Markets has launched Local Fresh 24/7, a program that enables the chain to offer customers farm-fresh produce within 24 hours of harvest. Kings Food Markets has launched Local Fresh 24/7, a program that enables the chain to offer customers farm-fresh produce within 24 hours of harvest. Kings works with a

Safeway’s Just For U is extended

NEW YORK — Safeway Inc. has expanded its Just For U loyalty program to its Eastern Division and Denver, after launching it in the Portland, Ore., and Seattle markets in May. Safeway Inc. has expanded its Just For U loyalty program to its Eastern Division and Denver, after launching it in the Portland, Ore., and

CVS/pharmacy website gets more personal

WOONSOCKET, R.I. — CVS/pharmacy has revamped its website to give consumers a more personalized online experience along with more pharmacy and health care tools. CVS/pharmacy has revamped its website to give consumers a more personalized online experience along with more pharmacy and health care tools. Launched late last month, the redesigned CVS.com now provides shoppers

CVS Caremark appoints CIO

WOONSOCKET, R.I. — CVS Caremark Corp. has named Stephen Gold to the position of chief information officer, effective July 9. He is responsible for bringing new and differentiating technology solutions to the company’s retail and pharmacy benefits management (PBM) business. CVS Caremark Corp. has named Stephen Gold to the position of chief information officer, effective

Rite Aid settles overtime suits

CAMP HILL, Pa. — Rite Aid Corp. has reached a global settlement with counsel for plaintiffs in connection with 15 collective and class-action lawsuits regarding wage and hour claims. Rite Aid Corp. has reached a global settlement with counsel for plaintiffs in connection with 15 collective and class-action lawsuits regarding wage and hour claims. Under

Eventful month on retail scene

June of 2012 was a month crammed with notable, some would say unforgettable, events, which combined to reassert the viability and sometimes unpredictable nature of mass market retailing in America. June of 2012 was a month crammed with notable, some would say unforgettable, events, which combined to reassert the viability and sometimes unpredictable nature of

Deal is change agent in pharmacy sector

The best retail pharmacy operators aren’t content to sit back and wait for changes in health care delivery; they’re driving them. Walgreens and Alliance Boots gave a spectacular example of that mind-set last month when they formed a strategic partnership, which, if all goes well, will lead to a merger three years from now. The