TARGET

ANN ARBOR, Mich. — Kmart earned the top ranking — a score of 84 out of a possible 100 — in the health and wellness/pharmacy category in the recently released American Customer Satisfaction Index “Retail Report 2016.” Kmart’s ranking rose from a score of 76 the prior year, good for a 10.5% year-over-year increase.

NEW YORK — A host of drug store industry-related companies were named to the 2017 National Association for Female Executives Top Companies for Executive Women. In alphabetical order, these companies, among the 60 named to the list, include Abbott Labs, Cardinal Health, Colgate Palmolive, Eli Lilly, General Mills, Johnson & Johnson, Kellogg, L’Orèal, Merck, Procter & Gamble, Roche, Target and Walmart.

The top three brands in this year’s list of breakthrough brands, defined as those brands either introduced within the 52 weeks ended Dec. 25, 2016, or those brands that experienced blockbuster incremental growth in that time frame, feature the leading meal-replacement solutions on the market today in Premier Protein, Clif Bar and SlimFast, according to IRI. A fourth brand — Quest Nutrition’s Quest Bars — also ranks high on the list. It’s reflective of the consumer need for products that embody an aspirational health- and-wellness direction that many U.S.

MINNEAPOLIS — Target on Tuesday announced it will spend more than $7 billion to grow sales faster, gain market share and adapt to guests’ rapidly changing preferences.

MINNEAPOLIS — Target’s sale of its pharmacy and clinic business to CVS Health, along with a 1.5% comparable store sales decrease led fourth-quarter sales to decline 4.3% year over year to $20.7 billion.

However, the pharmacy sale did provide a boost to its selling, general and administrative expense rate, which dropped to 17.5% in its 2016 fourth quarter, compared to 18.1% in the same time period in 2015.

Overall, Target reported Q4 adjusted earnings per share of $1.45 per share, down 4.6% versus 2015, falling short of Wall Street analyst estimates.