ALDI plans to add 800 stores by the end of 2028
ALDI, already known for its rapid growth, has unveiled plans to increase its store count by 800 locations across the country by the end of 2028.
Scot Meyer
Kroger’s Q4 earnings beat expectations
Kroger reported flat sales for the fourth quarter and fiscal year ended February 3, but profits beat expectations. The retailer reported a $736 million profit on sales of $37.1 billion for the three-month period. Kroger noted that identical sales (excluding fuel decreased 0.
Target to add paid membership program
As part of a revamp of its customer loyalty program, Target is launching a new paid membership program called Target Circle 360.
Rite Aid to divest most Health Dialog assets
Rite Aid Corp. today announced that it has entered into an asset purchase agreement (APA) for the partial sale of its Health Dialog business to Carenet Health (Carenet), a provider of healthcare engagement, clinical support, telehealth and advocacy solutions.
Target’s earnings top expectations, but sales lag
Target reported fourth-quarter sales and earnings that beat analyst expectations, boosting its shares in pre-market trading. But total sales for the year declined, the company said. Target reported that GAAP and adjusted earnings per share of $2.98 was 57.
CRN Annual Conference set for October 9–11
The Council for Responsible Nutrition (CRN) will host its annual conference, CONVERGENCE ’24 on October 9 through October 11, at the Grand America Hotel in Salt Lake City.
Failure to enact PBM reforms would be “wasted opportunity”
WASHINGTON, DC – “Congress is dangerously close to proving wrong the notion that it’s never too late to do the right thing,” according to a statement issued today by The National Association of Chain Drug Stores, the National Community Pharmacists Association, FMI – The Food Industry Association, th
NACDS urges Biden to push for PBM reform
WASHINGTON – The National Association of Chain Drug Stores (NACDS) said it continues to call for the immediate implementation of reforms to address the tactics of pharmaceutical benefit middlemen amid attempts by PBMs to stall Congressional action and perpetuate their harmful practices.
CVS and Walgreens to begin selling abortion pills
CVS Health Corp. and Walgreens Boots Alliance Inc. said Friday they will begin to offer the abortion pill mifepristone in select states starting this month. The drug-store chains will offer the medication by prescription only at their pharmacies in states where’s it’s legally allowed.
NRF Economist: Inflation remains key
WASHINGTON – Inflation and the Federal Reserve’s efforts to bring it under control will remain big factors in the economy this year, according to National Retail Federation Chief Economist Jack Kleinhenz.“With the U.S.
Walgreens to close all VillageMD clinics in Illinois
Walgreens‘ Village MD, free-standing clinics that offer virtual, home and office visits, will leave the Illinois market in April. VillageMD is majority owned by Walgreens Boots Alliance, and it has six clinics in the state.
Research finds new growth opportunities in food
ARLINGTON, VA – Food retailers and their partners can find new growth opportunities by addressing consumers’ expanding definitions of value, according to research from FMI – The Food Industry Association, Oliver Wyman and Circana.
Former Eckerd CEO Stew Turley dies at 89
Stew Turley, who guided the evolution of Eckerd Corp. for three decades, died last week at his home in Florida after a battle with lymphoma. He was 89. During the course of his tenure at the retailer, which began in 1966 when he was named manager of non-drug operations, Eckerd grew to 2,778
Dollar General accepts supplemental benefits chainwide
Dollar General customers can now purchase food, produce, over-the-counter medicines and additional wellness products in more than 20,000 stores nationwide using health supplemental benefits, the company said on Wednesday.
WBA shoppers can use Medicare Advantage benefits online
Walgreens says it is the first community pharmacy to accept a broad array of Medicare Advantage supplemental benefits online. Eligible members can now shop from a catalog of approximately 1,700 Shop Eligible Products via Walgreens.com and the Walgreens app.