Latest
Rite Aid said to be nearing post-bankruptcy financing deal
Pharmacy chain Rite Aid is close to reaching a deal on a post-bankruptcy financing package, with a group of lenders preparing to provide interim financing while the company remains in Chapter 11, attorneys reported on Friday.
CVS seeks investor for new Oak Street clinics
CVS Health is seeking a private equity partner to fund growth at Oak Street Health, a primary care provider the chain purchased a year ago, Bloomberg News reported on Thursday. CVS has been working with financial advisers to help find capital to back new clinics that will be opened by Oak Street,
GHLF study shows pharmacists’ role in boosting vaccines
The National Association of Chain Drug Stores (NACDS) is calling attention to a new policy paper published by the Global Healthy Living Foundation (GHLF) highlighting the important role pharmacists play in making vaccinations accessible to adults in the United States.
Walmart+ adds pet telehealth benefit with Pawp
Walmart+ is teaming up with Pawp to introduce a new telehealth benefit to its pet-owning members. Starting later this year, Walmart+ members will have 24/7 virtual access to Pawp’s team of veterinary professionals, providing unparalleled convenience and peace of mind.
WBA sells shares of Cencora for $400 million
Walgreens Boots Alliance (WBA) said today that it has sold about $400 million worth of shares in Cencora, reducing its stake in the drug wholesaler formerly known as AmerisourceBergen.
Ahold Delhaize partners with food banking network
Ahold Delhaize is entering a sponsorship with the Global FoodBanking Network (GFN), an international non-profit organization dedicated to hunger relief while reducing food loss and waste.
UNFI launches retail media network
PROVIDENCE, R.I. – United Natural Foods Inc. is launching a first-of-its-kind Retail Media Network for independent and regional grocery retailers across the United States. The UNFI Media Network (UMN) is powered by Swiftly, a leading provider of innovative retail technology, tools, and solutions.
Natrol introduces Time Release Melatonin gummies
Natrol introduced its latest sleep innovation supplement: Time Release Melatonin gummies.
Acosta Group to acquire CROSSMARK and Product Connections
JACKSONVILLE, Fla. – Acosta Group announced today that it has signed a definitive agreement to acquire CROSSMARK, including its headquarter Sales Agency and Retail Solutions businesses, and Product Connections, a marketing services business, from WIS International.
Target sales decline in Q1, sees growth ahead
Target reported that first-quarter sales were down compared to last year, as it had projected. However, the company expects sales to turn positive in the second quarter and for the year as a whole. Comparable sales declined 3.7% in the first quarter, reflecting a comparable store sales decline of 4.
CVS honors the memory of founder Stanley Goldstein
CVS Corp. co-founder Stanley Goldstein passed away yesterday at the age of 89. The company he helped build is a foundational component of what is now CVS Health, a leading health services company that is committed to building a world of health around every consumer. “All of us at CVS Health mourn
Walmart opens bigger Neighborhood Markets
Walmart recently opened two new Neighborhood Markets, one in Florida and one in Georgia, that offer expanded assortments and more space for pickup and delivery.
Kearney study aims to ‘demystify innovation’
While most companies feel pressure to use “innovation” as a way to satisfy both their customers and their stakeholders, there’s inconsistent messaging around what that innovation actually is.