Rite Aid’s board of directors has appointed Elizabeth Burr, who most recently served as chief innovation officer and vp/health care trend and innovation at Humana, and Katherine Quinn, who currently serves as vice chairman and chief administrative officer of U.S. Bancorp, to the company’s board.
As it continues struggling to generate profits, Rite Aid posted a net loss from continuing operations of $255.6 million, or 24 cents per share, versus a net loss of $483.7 million, or 46 cents per share, in the year-earlier period.
Walgreens Boots Alliance and Microsoft Corp. have joined forces to develop new health care delivery models, technology and retail innovations to advance and improve the future of health care, the companies said.
Stanley Black + Decker will debut a new wellness device at the 2019 Consumer Electronics Show that company officials said will help individuals with daily management of needed medications.
Walgreens Boots Alliance generated a solid first quarter while launching a cost management program that will look to save more than $1 billion.
As sales at Ulta continue to grow at a steady pace, the beauty retailer is moving forward with plans to open 225 stores in the coming three years while also sharpening its focus on digital operations.
With fourth quarter profits exceeding Wall Street expectations, Walgreens Boots Alliance touted gains for both the period and the fiscal year despite weak U.S. retail comps.
Sales of smart home devices with voice control, excluding smart speakers, will leap from just 154,000 units in 2018 to 32.3 million in 2025, according to the report “2018 Smart Home Devices with Voice Control” by Strategy Analytics.