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  • OutcomesMTM names top pharmacy-based MTM centers across the country

    DES MOINES, Iowa — OutcomesMTM, a medication therapy management delivery system, on Tuesday recognized its top chain and independent pharmacies for 2012. Walgreens and Kerr Drug were named top large pharmacy chain and top regional pharmacy chain, respectively.

  • The Ledger: Publix not interested in Harris Teeter acquisition

    LAKELAND, Fla. — While Publix has been tied to rumors it may put in a bid for Harris Teeter, local daily The Ledger on Monday reported that Publix isn't at all interested

    Publix is in the midst of its first expansion into North Carolina, with plans to open two stores in the Charlotte area in 2014.

    Officials with Harris Teeter recently confirmed that the 208-store chain will consider offers from potential buyers.

  • Supervalu further solidifies new leadership team following AB Acquisition deal

    MINNEAPOLIS — Supervalu on Monday morning announced several changes to its executive and banner retail leadership teams, as it continues preparations to move forward with a focus on serving wholesale grocery operators, growing its hard discount format and running a smaller, more efficient retail operation following the close of its previously announced transaction with AB Acquisition (Albertson's LLC). 

  • Hollywood elite get behind fitness water launch

    LOS ANGELES — Music mogul Sean Combs and actor/producer Mark Wahlberg on Wednesday announced a joint venture with fitness and wellness water brand AQUAhydrate. Per the arrangement, Combs and Wahlberg will oversee business strategy along with CEO John Cochran, former president of Fiji Water.  

    Together they will help drive the AQUAhydrate brand and be instrumental in helping secure retail partnerships for the water brand, such as their recently signed deals with Safeway, Kroger and GNC.

  • Rite Aid tops drug chains in customer satisfaction, as Publix, Target, Costco lead among supermarkets, mass, clubs

    ANN ARBOR, Mich. — Several pharmacy retailers got top place in a recent consumer satisfaction survey.

    A report released Tuesday by the American Customer Satisfaction Index ranked Rite Aid at the top among drug store chains, with a score of 77, a 3% improvement over last year. Walgreens gained 1%, for a score of 76, while CVS ranked 75, a 3% gain. The survey noted that CVS hit a low two years ago due to cost-cutting efforts.

  • 'Shark Tank' promotes pediatric medical products

    "As seen on 'Shark Tank'" may become the new "As Seen on TV" plug, especially if more products like Ava the Elephant — a pediatric medical dispenser that talks to children as its dispensing the medicine — make it to market.

    Mom and entrepreneur Tiffany Krumins appeared on the pilot show of ABC's "Shark Tank" and talked real-estate mogul Barbara Corcoran into investing $50,000 into the product concept.

  • Meet Bob Miller

    Bob Miller has a knack for turnarounds. In 1999, he took over Rite Aid as chairman and CEO, helping to stabilize the drug store chain at a time when Rite Aid was on the brink of bankruptcy, and many analysts were projecting Rite Aid would fold.

    Miller joined Rite Aid soon after building Fred Meyer into a supermarket powerhouse. Kroger acquired the Midwest chain in a $8 billion deal in 1999.

  • Reports: Analyst names Ahold as 'most logical' buyer of Harris Teeter

    NEW YORK — Supermarket operator Ahold USA could be in a position to buy Matthews, N.C.-based supermarket chain Harris Teeter, according to published reports.

    Citing remarks by BMO Capital Markets analyst Karen Short, the Wall Street Journal reported that Ahold, Publix Super Markets and Kroger Co. would be candidates for a purchase of Harris Teeter, with Ahold named as the most logical candidate due to an acquisitive nature and a desire to enter the southern United States.

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