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RETAIL NEWS

  • CDC's not-so-exclusive club: Diabetes now claims more than 100 million members

    ATLANTA — More than 100 million U.S. adults are now living with diabetes or prediabetes, according to a new report released Tuesday by the Centers for Disease Control and Prevention. As of 2015 30.3 million Americans, or 9.4% of the U.S. population, have diabetes. Another 84.1 million have prediabetes, a condition that if not treated often leads to type 2 diabetes within five years.

  • Rite Aid brings prescription-free naloxone to 2 new states

    CAMP HILL, Pa. — Patients in Michigan and South Carolina can now access naloxone without a prescription at Rite Aid pharmacies. The company on Thursday announced the expansion of availability of the overdose reversal drug, making it accessible at 360 pharmacies in the two states.

  • Fred’s promotes Jenne to CFO

    MEMPHIS, Tenn. — Fred’s Pharmacy has promoted one of its own to lead the company’s finances. The company on Wednesday named Jason Jenne EVP and CFO, effective immediately, succeeding outgoing CFO Rick Hans, who it said was departing to pursue other opportunities.

  • Report: Economic firm finds nearby clinics reduce ER visits

  • IPC awards MVP award to Blende Drug of Pueblo, Colo.

    Pictured above are IPC president and CEO Don Anderson, IPC board vice chair Vicki Einhellig, MVP John Cernac with his wife Charlotte and son John Jr., and IPC GPO regional account director Jim Sajbel

    SUN PRAIRIE, Wis. — Independent Pharmacy Cooperative on Monday named Blende Drug of Pueblo, Colo. and its owner John Cernac as the group's Most Valuable Pharmacy for 2017.

  • Target CEO notes dip in Hispanic shopping, outlines retailer’s strengths at tech conference

    ASPEN, Colo. — At Fortune’s Brainstorm Tech Conference here, Target CEO Brian Cornell sat down to discuss the company’s strategy to reach its consumers and where it sees itself in the retail landscape — touting the key role its store base plays in its business even as it builds up its digital infrastructure. He also emphasized the company’s connection with its shoppers — and noted a sizeable dip in shopping activity among Hispanic consumers in the United States in the past several months.

  • Alibaba’s Hema melds online, offline grocery

    HANGZHOU, China — Alibaba has stepped up its efforts to combine physical retail with online in the supermarket space.

  • Walmart opens new Florida e-commerce fulfillment center

    BENTONVILLE, Ark. — Walmart is bringing 1,500 jobs to Florida as it continues to expand its e-commerce fulfillment network.

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