RETAIL NEWS

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.

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.

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.

ANN ARBOR, Mich. — Parents may be up to speed on what vaccines their children need for kindergarten, but may be less sure during high school years, a new national poll suggests.

More than a third of parents of teens didn't know when their child's next vaccine was due and half of parents incorrectly assumed that their doctor would initiate an appointment when the time came, according to a report from the C.S. Mott Children's Hospital National Poll on Children's Health at the University of Michigan released on Monday.

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

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

Jean Coutu founder Jean Coutu spoke out regarding negotiations with Quebec around dispensing fees, according to a report published last week by Canada's Bell Media. Jean Coutu earlier this year agreed to surrender $300 million in collected dispensing fees in return for smaller manufacturer rebates that cut into pharmacy operating margins. "It is an average of $100,000 for each of our locations," Coutu told shareholders BellMedia reported.