RETAIL NEWS

SECAUCUS, N.J. — Vitamin Shoppe on Thursday announced that its board of directors voted to expand the size of the board to 12 directors and appointed the YES Network's Tracy Dolgin and former Pier 1 Import chief executive Alex Smith as members of the board of directors effective April 4, 2017. 

MEMPHIS, Tenn. — More than one prominent investor has recently approached Fred’s Pharmacy with the intention of investing money in the operator of 601 locations in 16 states, according to the New York Post.

The Post posits the cash infusion from one or more sources would help Fred’s pay for and successfully operate the 865 divested Rite Aid stores it pledged to purchase for $950 million, which is a likely a closing condition should the Federal Trade Commission approve the proposed $9.7 billion Walgreens Boots Alliance-Rite Aid merger.

CVS Health and New York City’s District 75, which provides citywide educational, vocational, and behavioral support for students with cognitive and behavioral disabilities, opened a mock CVS Pharmacy at the Brooklyn Transition Center, P373K, located at 185 Ellery St. in Brooklyn, N.Y.

GRAND RAPIDS, Mich. — Although spring has not yet sprung in some areas of the country, it is certain to soon. With warmer weather coming, Meijer pharmacy experts provided allergy tips.

DEERFIELD, Ill. — Walgreens will be bolstering its beauty proposition with the addition of "Beauty Differentiation" formats across more than 1,000 additional stores this year, the company reported earlier this week. The move is being precipitated with the hiring of beauty consultants who add a personal customer service touch to the offering.

SANDY, Utah — Amazon is gaining a significantly larger share-of-wallet for everyday household items — and the retailer continues to build momentum.

MEMPHIS, Tenn. — Fred’s Pharmacy has set forth a major initiative intended to promote growth in 2017 in its front store, retail pharmacy and specialty operations, CEO Michael K. Bloom stated Thursday during the company’s 2016 fiscal fourth-quarter earnings conference call.

In the front store, Fred’s is expecting top-line growth, led by the rollout of beer and wine and a major upgrade to its cosmetics assortment.