RETAIL NEWS

ISSAQUAH, Wash. — Costco Wholesale reported net sales during April came in at $9.42 billion, an increase of 5% compared to the $8.98 billion it earned in the same month in 2016. The company noted it also had one fewer sales day due to the timing of Easter, which likely affected net and comparable sales by 1.5% to 2%.

CAMP HILL, Pa. — Rite Aid accomplished much in the past fiscal year to establish the chain of 4,536 stores as a destination for health and wellness, the company reported Wednesday in a 10-K filing to the Securities and Exchange Commission.

CAMP HILL, Pa. — In a 10-K filing to the Securities and Exchange Commission Wednesday, Rite Aid expressed its belief that the proposed per share merger acquisition would likely fall to $6.50 per share, suggesting the divestiture of an additional 335 stores to secure approval from the Federal Trade Commission.

HONOLULU — CVS Health is encouraging unvaccinated Hawaii residents to receive the hepatitis A vaccine after imported frozen raw tuna (Ahi) cubes distributed on Oahu tested positive for the virus. According to CVS, Longs Drugs stores and MinuteClinic walk-in medical clinics in Hawaii currently have vaccines available and are able to administer the immunization to patients to protect against hepatitis A.

BRAMPTON, Ontario — Loblaw on Wednesday posted retail segment sales of $7.4 billion, up 0.1%, for the first quarter ended March 25, 2017.

"We continued to invest to deliver value to consumers," stated Galen Weston, chairman and CEO, Loblaw. "We are pleased with our performance in the first quarter, against a highly competitive food retail environment and despite the pressures of deflation and healthcare reform."

PROVIDENCE, R.I. — CVS Health is teaming up with the Center for Workforce & Professional Development at Roger Williams University's School of Continuing Studies to launch the third- annual Executive Learning Series for Diverse Suppliers, a customized professional development program for small and diverse business owners. The program will help diverse vendors gain critical management skills that allow them to expand their partnerships with CVS Health and drive their companies’ success in areas such as marketing, finance and human resources.

ST. GEORGE’S, Grenada — MinuteClinic president and CVS Health EVP clinical services and associate chief medical officer Dr. Andrew Sussman has a new gig. St. George's University on Wednesday named Sussman its new CEO.