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RETAIL NEWS

  • Cirrus Healthcare Products' novel migraine solution reaches stores

    COLD SPRING HARBOR, N.Y. — Cirrus Healthcare Products on Thursday announced their latest patent-pending product, MigraineX will be available in CVS stores beginning March 31.

  • Kroger reports a fiscal 2016 sales lift of 5%

    CINCINNATI — Kroger on Thursday reported net earnings of $0.53 per diluted share and a decline in identical supermarket sales, without fuel, of 0.7% for the fourth quarter ended Jan. 28.  For the fiscal year, net earnings were $2.05 per diluted share and identical supermarket sales growth, without fuel, was 1%.  

  • McKesson, CHC complete creation of new health technology company

    SAN FRANCISCO – McKesson and Change Healthcare Holdings on Thursday announced the completion of their previously-announced agreement to create a new healthcare information technology company. The new company is named Change Healthcare and combines substantially all of CHC’s business and the majority of McKesson Technology Solutions.

  • Jobless claims at lowest level since 1973

    WASHINGTON — The Miami Dolphins had just completed an undefeated season, winning Super Bowl XII by a score of 14-7 over the Washington Redskins. Roberta Flack’s “Killing Me Softly with His Song” was No. 1 on the Billboard charts.

    The date was March 31, 1973, the last time initial jobless claims were lower than today’s figures, released Thursday by the U.S. Department of Labor. In March 1973, initial jobless claims were 222,000.

  • CVS selects electronic health record system for specialty care

    WOONSOCKET, R.I. — CVS Health on Thursday selected Epic as the electronic health record system for CVS Specialty’s care management programs.

    According to CVS, the transition to Epic will help integrate and improve clinical processes for CVS Specialty, including Accordant, which provides care management program services for patients with rare, chronic diseases. This announcement expands the Company's use of the Epic EHR system beyond MinuteClinic which transitioned to the system in 2015.

  • Food Lion and Hannaford help lead Ahold Delhaize to strong Q4

    ZAANDAM, the Netherlands — Ahold Delhaize’s Food Lion and Hannaford U.S. supermarkets had both strong fiscal fourth quarters and for fiscal 2016, the company stated in an earnings report. Volume growth was particularly strong, more than offsetting the impact of inflation on sales.

    Underlying operating margins improved, driven by the “Easy, Fresh and Affordable” strategic initiative and synergies, said Ahold Delhaize.

  • Albertsons looks to streamline buying process with RangeMe partnership

    BOISE, Idaho — Albertsons is taking steps to help its buyers add new products to store shelves.
     
    By adopting an online platform from RangeMe, buyers will gain an efficient way to discover innovative new products and manage the inbound product submission process. The solution supports buyers’ and suppliers’ efforts in finding relevant and trending products for customers, who then benefit from a broader selection of items to choose from in the aisle, the chain said.
     

  • Costco increases membership dues

    ISSAQUAH, Wash. — Costco announced Thursday it will increase its membership fee by $5 to $60 annually for its U.S. and Canada Goldstar individual, business and business add-on members. This change will take effect June 1.

    Also effective June 1, annual fees for Executive memberships in the U.S. and Canada will increase by $10 to $120. Both moves will impact a total of about 35 million members, stated Costco.

    However, the maximum annual 2% reward associated with the executive membership will increase from $750 to $1,000.

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