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RETAIL NEWS

  • Target offers support to health, wellness start-ups

    MINNEAPOLIS — Target is prepping for another program aimed at start-ups, specifically those focused on health and wellness.
     
    The new program, called “Target Takeoff,” supports health- and wellness-related start-ups through a “mini-accelerator” effort that will help young companies develop and connect with the major retailers in town.
     

  • Dollar General plans for 1,000 stores, 2 DCs this year

    GOODLETTSVILLE, Tenn. — Dollar General isn’t boasting when it calls itself one of America’s fastest-growing retailers. 
     
    The extreme-value discounter will open 1,000 stores and two distribution centers in 2017, resulting in the creation of approximately 10,000 new jobs. The announcement comes as Dollar General is testing a new, smaller-store format under a new banner. 
     

  • CVS's Merlo: PBMs are the solution, not the problem

    WOONSOCKET, R.I. — One of CVS Health’s greatest challenges is to correct a misperception that pharmacy benefit managers are causing drug prices to rise, President and CEO Larry Merlo said Thursday during the company’s fiscal fourth-quarter earnings conference call.

  • Walgreens Flu Index heat map shows most of U.S. contending with illness

    DEERFIELD, Ill. — Judging from the heat map released Thursday as part of the Walgreens Flu Index, flu incidence is in full swing across much of America.

    For the week of Feb. 5, the top 10 markets currently experiencing flu activity are:

  • PBM unit leads CVS Health to record fourth quarter

    WOONSOCKET, R.I. — CVS Health reported record fiscal fourth-quarter and full-year 2016 results, headlined by net revenues for the three months ended Dec. 31 increasing 11.7%, or $4.8 billion, to $46 billion, up from $41.1 billion in the three months ended December 31, 2015. For the year ended Dec. 31, net revenues increased 15.8%, or $24.2 billion, to $177.5 billion, compared to $153.3 billion for the year ended December 31, 2015.

  • Supervalu to donate $1M to 34 nonprofits

    EDEN PRAIRIE, Minn. — The Supervalu Foundation will donate $1 million to 34 nonprofits that provide hunger and food-related relief to those in need in local communities across the country.

  • Bartell Drugs shows it ‘loves’ the Northwest

    SEATTLE — Bartell Drugs is highlighting locally and regionally based companies during “Loving Local” week from Feb. 12-18.

  • Study: Target manages to attract top talent

    Target leads other retailers when it comes to reaching and attracting qualified talent. 
     
    The discounter ranked the highest (at No. 26) among Fortune 500 retailers for employment branding in a study by global talent solutions company WilsonHCG. Target was followed by Publix (No. 42), The Home Depot (No. 50), Walmart (No. 64), Nordstrom (No. 77) and Whole Foods Market (No. 115). No retailer cracked the top 10, which was led by Gen-eral Electric, Johnson & Johnson and AT&T.  
        
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