Industry Headlines

Jewel taps Hays as VP of operations
04/11/2014

Jewel-Osco said Friday it has named Scott Hays VP of operations at the Itasca, Ill.-based chain, a division of Albertsons, Boise, Idaho.

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Rite Aid acquires RediClinic
04/10/2014

Rite Aid on Thursday announced it has acquired Houston-based RediClinic, one of the nation’s leading operators of retail clinics. RediClinic currently operates 30 clinics in the greater Houston, Austin and San Antonio  [ ... ]

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Safeway receives FTC request for additional inform...
04/10/2014

Safeway on Thursday announced the receipt of a request for additional information and documents from the Federal Trade Commission in connection with the FTC's review of the Safeway/Albertson's merger. 

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Family Dollar to close 370 stores; Q2 sales, earni...
04/10/2014

Family Dollar Stores said Thursday that it would close 370 underperforming stores and slow plans for new store growth as sales and earnings plunged during the fiscal second quarter.

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Rite Aid's 4Q earnings top Wall Street's forecast
04/10/2014

Rite Aid Corp. saw its shares surge after reporting fiscal 2014 fourth-quarter earnings that exceeded Wall Street's estimate and announcing the acquisition of health clinic operator RediClinic.

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CVS Caremark finalizes settlement with SEC
04/08/2014

VS Caremark Corp. has closed a previously announced settlement with the Securities and Exchange Commission regarding charges of misleading investors about its PBM business and improper accounting related to its Octo [ ... ]

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Analysis: Drug chains' convenience edge is eroding
04/07/2014

When, a number of years ago, the head of a leading drug chain was asked about the challenge that Walmart posed for other community pharmacy operators, he said that his company and, by implication, the rest of the industr [ ... ]

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Rite Aid reports sales uptick for March
04/03/2014

Comparable-store sales edged up in March at Rite Aid Corp. despite the negative impact of the timing of Easter this year on front-end business.

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