BOSTON — Community pharmacy is at a pivotal juncture in the effort to further the nation’s health and wellness, Rite Aid Corp. chairman and chief executive officer John Standley said at the National Association of Chain Drug Stores’ Total Store Expo. Community pharmacy is at a pivotal juncture in the effort to further the nation’s
GOODLETTSVILLE, Tenn. — Dollar General Corp. reported a 2% rise in fiscal second quarter earnings as markdowns brought shoppers into its stores. Dollar General Corp. reported a 2% rise in fiscal second quarter earnings as markdowns brought shoppers into its stores. Chairman and chief executive officer Rick Dreiling also reiterated the retailer’s commitment to acquire
DENVER — Walmart is using its size and buying power to fuel a “Made in the U.S.A.” movement that can generate jobs for Americans and spark an economic revival in local communities. Walmart is using its size and buying power to fuel a “Made in the U.S.A.” movement that can generate jobs for Americans and
MEMPHIS — Fred’s Inc. is accelerating its transition to a convenience- and pharmacy-centric retail model amid intense competition in its core general merchandise market and a surge in drug price inflation. Fred’s Inc. is accelerating its transition to a convenience- and pharmacy-centric retail model amid intense competition in its core general merchandise market and a
SALISBURY, N.C. — Food Lion LLC says it has unveiled an easier shopping experience for customers in 31 stores in the Wilmington, N.C., market. Food Lion LLC says it has unveiled an easier shopping experience for customers in 31 stores in the Wilmington, N.C., market. The stores are the first in the chain to be
TEWKSBURY, Mass. — Arthur T. Demoulas has reclaimed ownership of Market Basket. Arthur T. Demoulas has reclaimed ownership of Market Basket. The owners of the New England supermarket chain agreed to sell him the 50.5% stake of his cousin Arthur S. Demoulas for $1.5 billion. The deal ended a 40-day ownership fight following Arthur T.
JACKSONVILLE, Fla. — Bi-Lo Holdings LLC, the owner of the Winn-Dixie and BI-LO supermarket chains, has canceled its plan for an initial public offering. Bi-Lo Holdings LLC, the owner of the Winn-Dixie and BI-LO supermarket chains, has canceled its plan for an initial public offering. The company, which filed the IPO under the name Southeastern
HOFFMAN ESTATES, Ill. — Sears Holdings Corp. extended its string of unprofitable quarters to nine, posting a wider second quarter loss as sales declined at many of its businesses, including Kmart, Sears Auto Center and Sears Canada. Sears Holdings Corp. extended its string of unprofitable quarters to nine, posting a wider second quarter loss as
COLORADO SPRINGS, Colo. — Retired Walmart president and chief executive officer Mike Duke has received the Grocery Manufacturers Association’s (GMA’s) 2014 Hall of Achievement Award. The accolade is the association’s highest honor. Retired Walmart president and chief executive officer Mike Duke has received the Grocery Manufacturers Association’s (GMA’s) 2014 Hall of Achievement Award. The accolade
MINNEAPOLIS — Taking action to turn its business around, Target Corp. has tapped an outsider to serve as chairman and chief executive officer, and has launched a series of initiatives intended to improve its performance in Canada. Taking action to turn its business around, Target Corp. has tapped an outsider to serve as chairman and
BENTONVILLE, Ark. — By selecting Greg Foran to be the new head of Walmart U.S., Walmart president and chief executive officer Doug McMillon underlined the importance of bringing new ideas and a fresh perspective to the retailer’s flagship division, Walmart U.S. By selecting Greg Foran to be the new head of Walmart U.S., Walmart president
DEERFIELD, Ill. — Walgreen Co. has exercised its option to complete the acquisition of Alliance Boots GmbH. Assuming the deal secures all necessary approvals, it is expected to close in the first quarter of 2015. Walgreen Co. has exercised its option to complete the acquisition of Alliance Boots GmbH. Assuming the deal secures all necessary