Top Retailers

Target, other retailers answer Louisiana’s call for help after ‘Great Flood of 2016’
As the national media continues to largely ignore Louisiana’s cries for help after 6.9 trillion gallons of rain pummeled the southern part of the state between Aug. 8 and Aug. 14, retailers such as Target Corp. have answered the call.

Target said Friday it will donate $400,000 to assist Baton Rouge and the surrounding communities affected. The donation includes $100,000 to both the Salvation Army and American Red Cross to aid shelter and relief efforts. Additionally, the retailer will donate $30,000 to aid recovery efforts for impacted local schools.
Fred’s promotes Liebmann to new COO pharmacy position
MEMPHIS, Tenn. — Fred’s on Friday announced that it had promoted its VP pharmacy services, Timothy Liebmann, to the newly created position of COO pharmacy, effective immediately. Liebmann will be succeeding the company’s retiring EVP pharmacy operations, Rick Chambers.

Walmart U.S. drives 3.1% gain in net Q2 sales

BENTONVILLE, Ark. - Walmart U.S. on Thursday posted a 3.1% lift in net sales for its second quarter ended July 29 to $76.2 billion and delivered positive comp sales for the eighth consecutive quarter, up 1.6%, along with the seventh consecutive quarter of positive traffic, which was up 1.2%.

Net sales at Sam's Club for the period were down 1.3% to $14.5 billion with a slight 0.6% gain in comparable sales (excluding fuel) and a slight 0.4% decline in overall traffic. Net sales, without fuel, grew by 0.4%, Walmart reported.
CVS Pharmacy commits $100,000 to Baton Rouge relief efforts

WOONSOCKET, R.I. - CVS Health and the CVS Health Foundation on Thursday announced a $100,000 donation in cash and in-kind support to organizations providing relief efforts to flood victims in central Louisiana, including the Salvation Army USA Southern Territory and the American Red Cross.
Walgreens brings safe medication disposal kiosk program to Oregon

DEERFIELD, Ill. - Walgreens on Wednesday added its safe medication disposal kiosk program to its locations in Oregon with the installation of drug take-back kiosks at six Walgreens drug stores across the state. The launch is part of Walgreens effort, announced in February, to install safe medication disposal kiosks at more than 500 of its drugstores around the country.
CVS Pharmacy brews its own innovation in the cough/cold aisle

WOONSOCKET, R.I. – CVS Pharmacy is brewing its own new product innovation with the recent introduction of a first-to-market product format - a cold remedy prepared using a single-cup brewing system such as Keurig.

The CVS Health Cold & Flu Relief Single Serve Cups was created with customer needs in mind, as the innovation team within CVS Pharmacy Store Brands identified an opportunity to combine the convenience of a single-brew coffee maker with the benefits of a soothing warm beverage to ease cold and flu symptoms.
Why is Target spending $20 million on restrooms?

Target Corp. is taking action to put an end to the controversy that erupted in the wake of its transgender bathroom decision.
Akorn adds Monahan as SVP corporate development

LAKE FOREST, Ill. — Generics company Akorn on Thursday announced that it had added a Walgreens executive to its staff. Rob Monahan, most recently Walgreens’s VP mergers and acquisitions, has been named Akorn’s VP corporate development.
Rite Aid's new Rx90 program designed to drive adherence, better outcomes

CAMP HILL, Pa. - Rite Aid and EnvisionRx, the pharmacy benefit management division of EnvisionRxOptions and a wholly owned subsidiary of Rite Aid, on Wednesday rolled out Rx90, a new 90-day prescription fill program focused on improving medication adherence and health outcomes for consumers with chronic conditions.
Target Q2 earnings fall but top Street; plants red flag for full year

Target Corp. on Wednesday reported second quarter earnings that exceeded Wall Street expectations, but the discounter lowered its guidance for the full year amid declining sales and what it called a “difficult retail environment.”