In the first quarter, Walgreens Boots Alliance earnings slipped as the company divested its pharmaceutical wholesale business and boosted its investment in VillageMD while accelerating the rollout of full-service primary care clinics in stores.
In a 2020 dominated by the coronavirus pandemic, comfort, wellness and beauty suppliers found their healthy living oriented appliances and smart devices in high demand for use in the home.
CVS Health has appointed Neela Montgomery evp/president of CVS Pharmacy/Retail, effective November 30, 2020. Montgomery will oversee the company’s 10,000 pharmacies across the U.S.
In a challenge not only to drug store chains but mass merchants and supermarket operators boosting their wellness credentials via pharmacy and related medical services, Amazon has launched two new pharmacy offerings designed to help customers conveniently purchase their prescription medications.
Taking the next step in its transformation, Rite Aid said it has launched a refreshed brand with an advertising campaign that demonstrates its commitment to provide the fusion of traditional medicine and alternative remedies to help consumers not just get healthy, but get thriving.
CVS Health beat a Wall Street estimate for third quarter income as its Retail/LTC division sales gained. The company’s board of directors has also appointed Karen Lynch, currently evp/CVS Health and president, Aetna, as the company’s next president and CEO as well as a member of the board.
CVS Health said it is recruiting qualified candidates to fill 15,000 jobs. These new and existing positions will help the company continue to respond to the needs of communities across the country during the fall and winter months when the incidences of COVID-19 and the flu are expected to increase.
Rite Aid has appointed Angele Robinson-Gaylord as svp/store development. Robinson-Gaylord will play a key role in executing and managing renovations for Rite Aid’s stores of the future, a critical component of its RxEvolution strategy, that will transform Rite Aid stores into destinations for holistic health and wellness.
J.C. Penney is kicking off holiday shopping in mid-October with new brands and deals to get customers in the spirit of saving, offering Black Friday pricing throughout November, and capping off with value on all holiday gifts through December.
In a move to incorporate wellness into its operations, Kroger is working with musician Jewel to introduce a new health-related initiative.
In another indication that wellness is becoming a bigger influence on retail, Sam’s Club has entered into a collaboration with virtual primary care provider 98point6 to provide its members exclusive telehealth virtual clinic services via a text-based app.