Dollar Tree acquires rights to 99 Cents Only Stores
Dollar Tree Inc. today said it has acquired the designation rights to 170 leases of 99 Cents Only Stores in four states: Arizona, California, Nevada and Texas.
Retail News
Walgreens introduces summer of savings
Walgreens has introduced more opportunities for consumers to save throughout the season and beyond. The company also plans to introduce a series of promotional campaigns, including the return of Walgreens popular myW Days in mid-July.
Walmart supports Arkansas community following storms
Walmart, in partnership with the Walmart Foundation, is taking steps to aid its hometown following severe storms and tornadoes that left many across Northwest Arkansas with damage to their homes and without electricity.
Meijer to open first grocery format store in Indiana
Meijer will open its new 90,000-square-foot grocery format store on July 11 at the Promenade of Noblesville, Ind., the retailer said on Tuesday. This is Meijer’s first grocery format store in Indiana, where it will complement the retailer’s 42 supercenters in the state.
Kroger expands own brand pet food line
Kroger Co. is expanding its own brand pet food offerings in celebration of National Pet Month, adding new products to its Abound product line and updating the packaging.
Walgreens to host community health fair in Puerto Rico
As a trusted health and wellness destination in Puerto Rico, Walgreens is bringing the community together in San Juan by launching its first community health fair, “Walgreens en tu Comunidad,” to offer health-related education, screenings and vaccinations.
Rite Aid said to be nearing post-bankruptcy financing deal
Pharmacy chain Rite Aid is close to reaching a deal on a post-bankruptcy financing package, with a group of lenders preparing to provide interim financing while the company remains in Chapter 11, attorneys reported on Friday.
CVS seeks investor for new Oak Street clinics
CVS Health is seeking a private equity partner to fund growth at Oak Street Health, a primary care provider the chain purchased a year ago, Bloomberg News reported on Thursday. CVS has been working with financial advisers to help find capital to back new clinics that will be opened by Oak Street,
Walmart+ adds pet telehealth benefit with Pawp
Walmart+ is teaming up with Pawp to introduce a new telehealth benefit to its pet-owning members. Starting later this year, Walmart+ members will have 24/7 virtual access to Pawp’s team of veterinary professionals, providing unparalleled convenience and peace of mind.
WBA sells shares of Cencora for $400 million
Walgreens Boots Alliance (WBA) said today that it has sold about $400 million worth of shares in Cencora, reducing its stake in the drug wholesaler formerly known as AmerisourceBergen.
Ahold Delhaize partners with food banking network
Ahold Delhaize is entering a sponsorship with the Global FoodBanking Network (GFN), an international non-profit organization dedicated to hunger relief while reducing food loss and waste.
UNFI launches retail media network
PROVIDENCE, R.I. – United Natural Foods Inc. is launching a first-of-its-kind Retail Media Network for independent and regional grocery retailers across the United States. The UNFI Media Network (UMN) is powered by Swiftly, a leading provider of innovative retail technology, tools, and solutions.
Target sales decline in Q1, sees growth ahead
Target reported that first-quarter sales were down compared to last year, as it had projected. However, the company expects sales to turn positive in the second quarter and for the year as a whole. Comparable sales declined 3.7% in the first quarter, reflecting a comparable store sales decline of 4.
CVS honors the memory of founder Stanley Goldstein
CVS Corp. co-founder Stanley Goldstein passed away yesterday at the age of 89. The company he helped build is a foundational component of what is now CVS Health, a leading health services company that is committed to building a world of health around every consumer. “All of us at CVS Health mourn
Walmart opens bigger Neighborhood Markets
Walmart recently opened two new Neighborhood Markets, one in Florida and one in Georgia, that offer expanded assortments and more space for pickup and delivery.
GIANT Co. names MacDonald VP of Marketing
CARLISLE, Pa. – GIANT Co. has named John MacDonald vice president of marketing, effective immediately. He will report directly to GIANT president John Ruane.