NACDS Names Ashworth Chairman
The National Association of Chain Drug Stores (NACDS) has elected new officers, four new executive committee members and three newly elected board of directors members for the coming year.
drug stores
Rite Aid Sales Rise, Loss Widens In Q4
As Rite Aid provides communities with essential care, services and products during the COVID-19 pandemic, the company reported sales growth in the fourth quarter, although the drug store retailer also saw its net loss widen.
Walgreens Expanding Drive-Thru Testing
Furthering its commitment to provide greater access to COVID-19 testing and community resources, Walgreens is working to expand drive-thru testing to 15 new sites in seven states.
Rite Aid Plans To Hire 5K Associates
Rite Aid has expanded actions the company is taking in response to the COVID-19 pandemic. Beginning immediately, Rite Aid plans to hire 5,000 associates for full and part-time roles across the country to support store and distribution center teams. Positions will include cashiers, pharmacy technicians and distribution center associates.
Walgreens Navigates Changes As Q2 U.S. Retail Comp Gains
In the second quarter, Walgreens retail sales in the U.S. edged up as the company prepared for the spread of COVID-19 to the country.
Walgreens Expands Drive Through Product Selection
As consumers seek safe and convenient options to pick up daily essentials amidst the COVID-19 pandemic, Walgreens is expanding the product offering at its more than 7,300 pharmacy drive-thrus nationwide.
Rite Aid Expanding COVID-19 Initiatives
Rite Aid has joined the White House COVID-19 Response Working Group and is piloting limited coronavirus testing at one location in Philadelphia seven days a week from 9 a.m. to 5 p.m.
Updated: Williams Sonoma, Other Retailers Close Stores, Reduce Hours
A range of retailers across channels are responding to the coronavirus outbreak with moves to temporarily close their stores, reduce store hours and other consumer and employee oriented initiatives.
CVS To Acquire Schnucks Pharmacies
CVS and Schnucks have entered into a definitive agreement for CVS Pharmacy and certain of its subsidiaries to acquire Schnuck Markets Inc.’s retail and specialty pharmacy businesses.
CVS Produces Healthy Q4 Results
CVS Health put in a strong enough performance to beat Wall Street estimates in the 2019 fourth quarter as the retailer continued to integrate its Aetna acquisition into its operations.
CVS Health Adjusts Leadership Team To Support Growth
CVS Health said it has made a series of executive leadership assignments to support the company’s continued focus on innovation and strategic growth.
CVS Making Changes To Board Of Directors
CVS Health is making changes to its board of directors. Richard Swift, Richard Bracken and Mark Bertolini will not stand for reelection at the company’s 2020 annual meeting. The board will then be reduced from 16 to 13 directors in order to further align with corporate governance best practices, the company said.
Walgreens, Tata Expand Information Technology Partnership
Walgreens Boots Alliance and Tata Consultancy Services have expanded their strategic partnership to advance WBA’s transformation of its global information technology function.
Walgreens Names Ashworth President
Walgreens Boots Alliance has appointed Richard Ashworth as president of Walgreens. Ashworth will be responsible for developing the strategies and plans for all Walgreens operations and will have full responsibility for the leadership, development and management of the business.
Rite Aid Appoints Persaud EVP/Retail
Rite Aid has appointed Andre Persaud as evp/retail. Persaud will lead the retail operations for more than 2,400 Rite Aid locations.
CVS Launching HealthHub Stores In Philadelphia
As part of an ongoing format rollout, CVS Health is introducing 13 HealthHub stores to Philadelphia and nearby southern New Jersey communities.
CVS Opening Nine Tampa HealthHub Locations
As it continues to refocus operations to meet evolving consumer priorities, CVS Health is expanding its recently developed wellness format in the Tampa, FL, area.
CVS Expanding HealthHub Store Format
CVS is debuting its HealthHub store format in 15 locations across the Houston community. The retailer’s new store format is said to feature a broader range of health care services to help patients better manage chronic conditions; more products and services focused on overall health and wellness; and trusted advice and personalized care.
Walgreens Makes Moves But Q1 Results Fall Short
Although it made moves to improve its performance, including the establishment of a group purchasing organization with Kroger and record online sales for Black Friday in the U.S. and United Kingdom, Walgreens Boots Alliance said sales for the first quarter were soft.
Rite Aid Delivers Solid Q3
Rite Aid delivered a solid third quarter as the drug store chain looked to revitalize its business growth strategies going forward into 2020.