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Issue 08-20-2012

CVS to defend gains

WOONSOCKET, R.I. — CVS Caremark Corp. expects to retain a significant portion of the pharmacy business it gained from Walgreen Co.’s impasses with Express Scripts Inc., despite their recent settlement. CVS Caremark Corp. expects to retain a significant portion of the pharmacy business it gained from Walgreen Co.’s impasses with Express Scripts Inc., despite their

July sales trends are encouraging

NEW YORK — Bargain prices and the country’s hottest month on record boosted customer traffic in July, as chains cleared out summer stock to create space for back-to-school products. Bargain prices and the country’s hottest month on record boosted customer traffic in July, as chains cleared out summer stock to create space for back-to-school products.

FMI helps members respond to new challenges

ARLINGTON, Va. — The pace of change in the supermarket sector is accelerating, and Leslie Sarasin, president and chief executive officer of the Food Marketing Institute (FMI), is intent on positioning the association to assist its members as they adapt to evolving market conditions. The pace of change in the supermarket sector is accelerating, and

Blueprint for future in the works

ARLINGTON, Va. — The strategic plan put in place by the Food Marketing Institute shortly after Leslie Sarasin became its president and chief executive officer a little over three and a half years ago is drawing to a close, having accomplished almost all of the major objectives it included. The strategic plan put in place

Rx powers formalize partnership

DEERFIELD, Ill. — Walgreen Co. has received all of the necessary regulatory approvals to complete the initial phase of its takeover of Alliance Boots PLC. Walgreen Co. has received all of the necessary regulatory approvals to complete the initial phase of its takeover of Alliance Boots PLC. Under the terms of the deal announced earlier

Market bifurcation

NEW YORK — The economic turmoil of the past four or five years has led to a polarization of the consumer population, with a shrinking middle class and more Americans who are either wealthy or poor. The economic turmoil of the past four or five years has led to a polarization of the consumer population,

Shopko names two senior VPs

GREEN BAY, Wis. — Shopko Stores Operating Co. has made two executive appointments its merchandising division. Shopko Stores Operating Co. has made two executive appointments its merchandising division. Craig Gourley has been named senior vice president and general merchandise manager of home and hard lines. Additionally, Tom Abbott, who had been responsible for textiles, has

Supplements pioneer begins next chapter

LOS ANGELES — Over the course of a career that spanned 46 years, David Brubaker can rightly claim to have participated in the creation and development of the modern nutritional supplements industry. Over the course of a career that spanned 46 years, David Brubaker can rightly claim to have participated in the creation and development

Food with thought

NEW YORK — Consumers are paying more attention to what is in the food they eat. Some are counting calories, or watching out for too much sodium or sugar. Others need to avoid gluten or allergens, or want only natural ingredients. Consumers are paying more attention to what is in the food they eat. Some

Walmart luminaries look back

Want to create, build and manage a really successful company? Examine the July 23 issue of MMR, specifically the extensive series of articles commemorating Walmart’s 50th anniversary. Want to create, build and manage a really successful company? Examine the July 23 issue of MMR, specifically the extensive series of articles commemorating Walmart’s 50th anniversary. Within

Shoppers Drug Mart among industry elite

With all the hoopla surrounding the 50th anniversary of the discount store format in 2012, the arrival at the same milestone by another retailer that is among the best of its kind has been largely overshadowed. With all the hoopla surrounding the 50th anniversary of the discount store format in 2012, the arrival at the