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.
Ulta Beauty said it raised $5.5 million in 2018 for the Breast Cancer Research Foundation (BCRF), the largest sum ever raised by the company along with associates, guests and business partners.
CVS Pharmacy has given its beauty aisle a facelift as part of an initiative to offer point-of-purchase imagery that meets the retailer’s new standards for post-production alterations.
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.
Rite Aid has entered into a new senior secured credit agreement, consisting of a $2.7 billion senior secured asset-based revolving credit facility and a $450 million “first-in, last out” senior secured term loan facility.
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.
Best Buy has appointed Eugene Woods, a health care executive, to its board of directors, effective immediately.
In the culmination of a long courtship, CVS Health has completed the acquisition of Aetna, creating a unique comprehensive health care company.
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.
Escali has rolled out the new Clear Glass Bathroom Scale, featuring a sleek modern design.
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.
As CVS reported that the U.S. Department of Justice will allow it to proceed with its pending acquisition of Aetna, the company also added new board directors and management in anticipation of the merger closing.
Best Buy has appointed Cindy Kent, a health care executive, to its board of directors, effective immediately.
After its failed merger attempt with Walgreens Boots Alliance, Rite Aid has been developing a standalone strategy to move forward, but still saw a net loss in the second quarter.
Kroger and Walgreens are collaborating on an exploratory pilot with a new format and concept that combines Kroger’s grocery role with Walgreens’ pharmacy, health and beauty expertise.
Walgreens Boots Alliance has reached an agreement with the Securities and Exchange Commission to fully resolve an investigation into forward-looking financial goals and related disclosures by Walgreen Co.
Charles Philippin is set to resign as non-executive chairperson of the board of directors of Ulta Beauty effective September 30, 2018, due to medical reasons.
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.