WOONSOCKET, R.I. — CVS Caremark Corp. has formed clinical affiliations with four major regional health systems in Connecticut, Massachusetts and Georgia. CVS Caremark Corp. has formed clinical affiliations with four major regional health systems in Connecticut, Massachusetts and Georgia. The new affiliations — the first to include clinical collaborations with its MinuteClinic walk-in medical clinics
MILWAUKEE — Roundy’s Inc. has begun to exit the Minneapolis/St. Paul market with an agreement to sell 18 Rainbow stores to a group of local grocery retailers, including Supervalu Inc., for $65 million in cash plus inventory. Roundy’s Inc. has begun to exit the Minneapolis/St. Paul market with an agreement to sell 18 Rainbow stores
MATTHEWS, N.C. — Family Dollar Stores Inc. said it will close hundreds of underperforming stores and trim its work force after profits fell sharply in its most recent quarter. The dollar store chain posted a 35% decline in fiscal second quarter earnings, to $91 million. Family Dollar Stores Inc. said it will close hundreds of
BENTONVILLE, Ark. — The third-largest pharmacy business in the country has a new leader. Labeed Diab has been named senior vice president and president of health and wellness at Walmart, which has annual prescription drug sales of more than $22 billion. The third-largest pharmacy business in the country has a new leader. Labeed Diab has
NEW YORK — Costco Wholesale Corp. beat Wall Street’s expectations with a 5% same-store sales gain in March. Costco Wholesale Corp. beat Wall Street’s expectations with a 5% same-store sales gain in March. Analysts had anticipated a 3.5% rise for the five weeks ended April 6. The chain was helped by an extra day in
CAMP HILL, Pa. — Rite Aid Corp. announced it has acquired RediClinic, one of the nation’s leading operators of retail clinics, on the same day it reported operating results for the fourth quarter and fiscal year ended March 1. Rite Aid Corp. announced it has acquired RediClinic, one of the nation’s leading operators of retail
MINNEAPOLIS — Target Corp. is expanding its selection of natural and sustainable products by partnering with 17 established brands. Target Corp. is expanding its selection of natural and sustainable products by partnering with 17 established brands. Target’s partners are among the nation’s top-selling natural and organic brands; each already sells its products to Target. The
NEW YORK — Sam’s Club is promoting women-owned businesses through a $2.5 million grant from its philanthropic Sam’s Club Giving Program. Sam’s Club is promoting women-owned businesses through a $2.5 million grant from its philanthropic Sam’s Club Giving Program. Grant money is being extended to three nonprofit groups that will undertake a WE Lend Initiative,
BENTONVILLE, Ark. — Walmart, an early adopter of LED lighting systems in the retail setting, announced plans to purchase LED ceiling fixtures for new Supercenters in North America and China and units of its subsidiary Asda Stores Ltd. in the United Kingdom. Walmart, an early adopter of LED lighting systems in the retail setting, announced
BATAVIA, Ill. — Budget grocer Aldi has acquired a 55-acre site in Southern California, where it will build a distribution center to serve about 200 stores in the region. Budget grocer Aldi has acquired a 55-acre site in Southern California, where it will build a distribution center to serve about 200 stores in the region.
MILWAUKEE — Roundy’s Inc., a leading grocer in the Midwest, has opened a new Mariano’s location in the Ravenswood area of Chicago, its largest store to date. Roundy’s Inc., a leading grocer in the Midwest, has opened a new Mariano’s location in the Ravenswood area of Chicago, its largest store to date. The 80,500-square-foot store
BENTONVILLE, Ark. — Continuing its efforts to reach consumers with smaller store formats, Walmart opened its first Walmart to Go convenience store earlier this month. Continuing its efforts to reach consumers with smaller store formats, Walmart opened its first Walmart to Go convenience store earlier this month. Located at a busy intersection less than a