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.
Rite Aid has begun a leadership transition plan and an organizational restructuring to better align its structure with the company’s operations and to reduce costs.
Fourth quarter sales at Kohl’s were down, but the retailer reported a slight uptick in comparable store sales for the three month period ended February 2.
In recent years, we have discussed the need for retailers to rethink how each uses their physical space to keep their brick-and-mortar stores relevant as digital commerce continues to grow.
Kohl’s and WW (formerly Weight Watchers) are teaming to pilot various health and wellness offerings that include the first in-store WW Studio and the introduction of WW Healthy Kitchen products.
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.
The Food Marketing Institute Foundation study, “Power of Health and Well-being in Food Retail,” demonstrated that consumers are looking at the topic of wellness more broadly, the organization reported.
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.
First quarter net revenue at Rite Aid was up slightly as an increase in its retail pharmacy segment helped boost sales in the three month period ended December 1.
Rite Aid has named Justin Mennen svp/chief information officer.
In the culmination of a long courtship, CVS Health has completed the acquisition of Aetna, creating a unique comprehensive health care company.
In the spirit of “Giving Tuesday,” Kohl’s said it will award $3.2 million in grants to more than 300 nonprofit organizations across the country that work to improve the health and wellness of children and families as part of its national giving program, which is an extension of the company’s ongoing commitment to health and wellness.
Bluestar Alliance and HoMedics recently signed a $165 million, five-year license agreement under the Brookstone brand. The license covers a range of massage, massage chair, home environment and other select product categories.
Satech, Inc. has introduced its SmartCells SlimLine anti-fatigue mat collection. The company is a manufacturer of industrial and residential anti-fatigue mats.
In a look at the marketplace through the year, eBay has unveiled its 2018 Shopping Report, taking an in-depth look at critical launches, anniversaries and collaborations that arose over the year.
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.