Clik here to view.
Experts address pressing industry issues during NACDS Regional Chain Conference
ORLANDO — The 2023 National Association of Chain Drug Stores Regional Chain Conference closed Tuesday with more presentations from top speakers on the most timely issues affecting the industry and the...
View ArticleClik here to view.
NRF economist offers upbeat forecast for 2023
WASHINGTON – Despite inflation and high interest rates, National Retail Federation chief economist Jack Kleinhenz is predicting that a recession is unlikely and the economy will see slight growth in...
View ArticleClik here to view.
Amazon’s 4Q revenue tops expectations
SEATTLE – Amazon on February 2 reported revenue of $149 billion for its fourth quarter, beating estimates with a 9% increase from a year earlier. But profits declined 98% year on year to $278 million...
View ArticleClik here to view.
Walmart names new chief people officer
BENTONVILLE, Ark. — Walmart has named Judy Werthauser as executive vice president and chief people officer. In this role, she will lead the people strategy within Walmart U.S., focused on career...
View ArticleClik here to view.
CVS beats Q4 sales and earnings estimates
WOONSOCKET, R.I. — CVS Health topped analysts’ expectations for fourth-quarter sales and earnings, led by strong insurance and retail results. Earnings per share for the three months ended Dec. 31...
View ArticleVideo Forum: Todd Huseby, Kearney, Part 1
In this week’s Video Forum, Todd Huseby, a partner at consulting firm Kearney and leader of the company’s consumer health care practice, examines trends currently shaping the industry and their...
View ArticleClik here to view.
NRF reports retail sales picked up in January
WASHINGTON – Retail sales bounced back strongly in January as inflation eased and income grew, the National Retail Federation said Wednesday. “Despite inflationary headwinds, January retail sales show...
View ArticleClik here to view.
NACDS Foundation Dinner moving to NACDS TSE
ARLINGTON, Va. – The always-inspiring NACDS Foundation Dinner is making a major move to the NACDS Total Store Expo – a venue that will expand its reach and its ability to support public health...
View ArticleVideo Forum: Todd Huseby, Kearney, Part 2
In the final installment of a two-part interview, Todd Huseby, a partner at Kearney and leader of the consulting firm’s consumer health care practice, tells this week’s Video Forum how such...
View ArticleClik here to view.
Amazon finalizes One Medical acquisition
SEATTLE — Amazon and 1Life Healthcare, Inc. (One Medical) announced Wednesday that Amazon has completed its acquisition of One Medical. One Medical’s seamless in-office and 24/7 virtual care services,...
View ArticleClik here to view.
Target’s Q4 earnings and sales beat expectations
MINNEAPOLIS — Target Corp. on Tuesday posted fourth quarter sales and earnings growth that topped Wall Street’s expectations, the first time it has done so in a year. But the retailer was also...
View ArticleClik here to view.
Walmart and CareSource to address health disparities
BENTONVILLE, Ark. — Walmart and CareSource, a nonprofit, nationally recognized managed care organization, announced Tuesday that it has entered into a unique agreement to address racial health...
View ArticleClik here to view.
NACDS praises new congressional investigation of PBMs
ARLINGTON, Va. – National Association of Chain Drug Stores (NACDS) President and CEO Steven Anderson issued the following statement Thursday about the launch of a Congressional investigation regarding...
View ArticleClik here to view.
Walmart Health plans major expansion
BENTONVILLE, Ark. — Walmart plans to add 28 new Walmart Health centers this year, bringing the total number of locations to at least 75 by year-end. The expansion will bring the Walmart Health format...
View ArticleClik here to view.
Cardinal Health’s Outcomes teams with Signify Health
DUBLIN, Ohio — Cardinal Health announced Monday its collaboration with Signify Health to offer in-home clinical and medication management services through its Outcomes business. This collaboration...
View ArticleClik here to view.
Hy-Vee pilots test-to-treat option for COVID-19, flu
WEST DES MOINES, Iowa — Hy-Vee, Inc. announces today that select Hy-Vee Pharmacy locations in Iowa will begin offering a new COVID-19 and flu test-to-treat service as part of a pilot through...
View ArticleClik here to view.
Walmart heads NRF’s list of top global retailers
WASHINGTON – Walmart maintains its No. 1 position on the National Retail Federation’s latest list of the Top 50 Global Retailers. Conducted by Kantar, the 2023 list ranks the world’s most impactful...
View ArticleClik here to view.
WBA releases 2022 environmental, social and governance report
DEERFIELD, Ill. – As part of the Walgreens Boots Alliance (WBA) purpose, more joyful lives through better health, the company has launched its fiscal year 2022 ESG report, detailing WBA’s impactful...
View ArticleVideo Forum: Christine Baeder, Teva USA
Christine Baeder, chief operating officer for generics and biosimilars at Teva USA and newly named chair of the Association for Accessible Medicines, tells this week’s Video Forum about the threats...
View ArticleClik here to view.
Andre Persaud leaves Rite Aid
CAMP HILL, Pa. — Andre Persaud, chief retail officer at Rite Aid, has left the company. Bill Miller, senior vice president of central retail operations, will serve as acting head of retail operations....
View Article