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RETAIL NEWS

  • Amazon and Whole Foods: 5 things to know about the blockbuster deal

    The food retail industry has been flush with big mergers lately, but today’s stunner has no precedent.

  • Amazon to acquire Whole Foods

    SEATTLE — In a blockbuster deal, online giant Amazon is acquiring Whole Foods Market in an all-cash transaction valued at $13.7 billion, or $42 a share.

    John Mackey, co-founder and CEO of Whole Foods, will remain CEO of the grocer after the deal closes. Stores will continue to operate under the Whole Foods banner, and the company's headquarters will remain in Austin, Texas.

  • Giant partners with Instacart on same-day delivery in Philadelphia

    SAN FRANCISCO — Instacart is expanding its same-day delivery in Phiadelphia through Giant, the grocer announced Thursday.

    "This partnership with Instacart gives our customers in the greater Philadelphia area another convenient delivery option," stated Tom Lenkevich, president of Giant. "From quality to convenience, our job is to provide the best possible experience for our shoppers, and now that includes providing them with a same-day delivery solution."

  • Amazon brings Prime Now to Denver

    SEATTLE — Shoppers in Denver are getting their first taste of Amazon Prime Now.

    The service, which is exclusive to the online giant’s Prime members, provides free two-hour delivery on tens of thousands of items, from household and daily essentials to electronics, games and outdoor supplies. Area Prime members can order through Amazon’s Prime Now app, available on iOS and Android devices, Amazon’s web site, or “speak” orders to their Alexa device.

  • CVS Health survey finds voters concerned about drug prices

    WOONSOCKET, R.I. — In an attempt to gauge patients’ attitudes toward the cost of prescription drugs, CVS Health in April conducted a survey of registered voters, whose results the company released Thursday. The survey found that 88% of respondents are somewhat or very concerned about the high cost of prescription drugs.

  • Florida Hospital Express Care opens 15 clinics within Walgreens pharmacies

    TAMPA, Fla. — Florida Hospital Express Care at Walgreens retail healthcare clinics are now open in 15 Walgreens locations throughout Tampa Bay.

  • Redefining the brick-and-mortar experience

    The Vitamin Shoppe for the past year has been steadily redefining the brick-and-mortar experience for natural health shoppers via its latest store prototype, the Brand Defining Store, currently in nine locations with another five to open soon. “We’re always looking for innovative ways to enhance our customer’s wellness journey, and our BDS stores are one of many examples of how we’re increasing consumer engagement and improving the customer experience overall,” Jason Reiser, The Vitamin Shoppe’s COO, told Drug Store News.

  • Kroger Q1 total sales up 4.9% to $36.3 billion

    CINCINNATI — Kroger on Thursday reported net earnings of $303 million, or $0.32 per diluted share, and a decline in identical supermarket sales , without fuel, of 0.2% in the first quarter of 2017.

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