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CVS

CBD category is gaining momentum

CBD category is gaining momentum

NEW YORK — Although obstacles to a widespread rollout remain, CBD products are edging into the mainstream. Late last month both CVS Pharmacy and Walgreens announced that they would begin selling CBD products in some stores. CVS has begun carrying CBD products in selected stores in seven states: California, Colorado, Illinois, Indiana, Kentucky, Maryland and

CVS begins selling CBD products in seven states

CVS begins selling CBD products in seven states

WOONSOCKET, R.I. — CVS has begun carrying CBD products in selected stores in seven states: California, Colorado, Illinois, Indiana, Kentucky, Maryland, and Tennessee. The chain is stocking hemp-derived topical products only, such as creams, sprays, roll-ons, lotions and salves. It will not sell any supplements or food additives containing CBD, a company spokesman said. “We

CVS a big winner at CHPA annual gala

CVS a big winner at CHPA annual gala

NEW YORK — CVS Health, the Centers for Disease Control and Prevention, and Bayer Consumer Health + BrightGuard were the big winners Tuesday evening at the Consumer Healthcare Products Association (CHPA) Educational Foundation at the Plaza Hotel in Manhattan. The CHPA’s annual gala celebrates the foundation’s mission of happier, healthier lives through responsible self-care and

Kevin Hourican named president of CVS Pharmacy

Kevin Hourican named president of CVS Pharmacy

WOONSOCKET, R.I. —  Kevin Hourican has been promoted to president of CVS Pharmacy, the retail division of CVS Health. Hourican, who most recently served as the company’s executive vice president of retail pharmacy, had been serving as interim president of the drug chain following the departure of Helena Foulkes, who left to head Hudson’s Bay Co. In his

Walmart’s McMillon to speak at NRF ‘Big Show’

Walmart’s McMillon to speak at NRF ‘Big Show’

WASHINGTON — Walmart president and chief executive officer Doug McMillon will take the stage at the National Retail Federation’s ‘Big Show’ conference in New York next month. He will join NRF president and CEO Matthew Shay at 3 p.m on January 14 for a discussion of strategies retailers can employ to survive in today’s environment

Fred’s gets new CEO

MEMPHIS — Fred’s Inc. has promoted Mike Bloom, its president and chief operating officer, to succeed chief executive officer Jerry Shore. Bloom’s promotion took effect August 29, the date the retailer announced that Shore was stepping aside as CEO and planned to retire in February. Bloom, a former executive with CVS and Family Dollar Stores,

Holiday selling season preview

Holiday selling season preview

The autumn holiday selling season is upon us — and clues are scarce as to which mass retailers will emerge in the best shape. Indeed, very little data has surfaced as to which products look to dominate, or which retailers appear most confident that the upcoming Christmas selling season will turn out well. The soon-to-be-waged

New Year gets off to quiet start

New Year gets off to quiet start

Walmart has begun closing stores, as the retailer had previously announced. Most of the closings involve the Express stores the company began opening over the past two years in the belief that it could more successfully compete with the likes of such small-store retailers as drug and dollar stores with convenience-oriented stores than the big

CVS Pharmacy makes its debut in Target

CVS Pharmacy makes its debut in Target

WESLEY CHAPEL, N.C. — The first CVS pharmacies have opened in six Target discount stores in North Carolina. Branded as CVS Pharmacy, the pharmacies are being operated as store-within-a-store departments and are located in Hickory, Monroe, Morrisville, Raleigh, Matthews and Wesley Chapel, N.C. Executives from CVS Health and Target Corp. plan to participate a grand

Retailers broadening horizons

The reshuffling of the retail landscape is proceeding, indeed accelerating, at a pace undreamed of as recently as five years ago. This is not a reordering of companies or priorities or strategies. It is a reordering of people. Most recently, Michael Francis, the legendary retail marketer, has signed on at Walmart, as the world’s largest