pharmacy

Financials
Comp Gain Boosts CVS Q2

CVS Health posted second quarter results satisfactory enough to prompt a guidance upgrade even if the division including stores produced somewhat soft results.

Retail
Rite Aid Appoints Donigan CEO

Rite Aid’s board of directors has appointed Heyward Donigan as chief executive officer and a member of the board, effective immediately. As planned, John Standley will step down from his role as CEO.

Financials
Rite Aid Net Loss Grows In Q1

For the first quarter, Rite Aid posted a deeper net loss as the retailer continued to explore ways to drive future growth, including striking a deal with Amazon’s new Counter package pickup program. 

Retail
Rite Aid Teams With Adobe To Drive Digital Initiatives

Rite Aid has entered into a strategic partnership with Adobe to deliver seamless, personalized and connected health and wellness experiences for Rite Aid customers via Adobe Experience Cloud, an end-to-end solution for experience creation, marketing, advertising, analytics and commerce.

Retail
Fred’s Closing More Stores

SB360 Capital Partners, an asset disposition firm, said it has been retained by Fred’s as the exclusive consultant to conduct store closing sales in 104 additional stores for the retailer.

Retail
Rite Aid Adds Executives To Board Of Directors

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.

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