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  • Rite Aid, GNC extend partnership through 2019, allowing at least 300 new 'store-within-a-store' locations over five years

    CAMP HILL, Pa. — The long-standing partnership between Rite Aid and nutritional products retailer GNC is being extended through the end of the decade, Rite Aid said Thursday.

    Rite Aid said the partnership, which started in 1998, has been extended through 2019. The extension allows Rite Aid to add at least 300 GNC LiveWell store-within-a-store locations over the next five years. Currently, there are more than 2,200 such locations throughout the Rite Aid chain.

  • Sears Holdings appoints Cesar Alvarez to board of directors

    HOFFMAN ESTATES, Ill. — Sears Holdings has elected law firm executive Cesar Alvarez to its board of directors, the company, which owns the Sears and Kmart chains, announced.

    Alvarez is co-chairman of the international law firm Greenburg Traurig, which he joined in 1973. Before his appointment as chairman, he served as executive chairman for more than three years and as its CEO for 13 years, starting in 1997.

  • Rite Aid's latest programs show an eye on the future

    Rite Aid announced its third-quarter 2014 sales Thursday, showing higher total and same-store sales and profits than third quarter 2013, as well as continued growth in programs like the Wellness store format, Wellness65+ and others.

    The main story surrounding Rite Aid over the past couple of years has been its efforts to engineer a turnaround, but the message from Thursday was, "Rite Aid more or less has turned around, so what's next?"

  • GoHealth and Walgreens ramp up marketing behind GoHealthInsurance.com

    CHICAGO — GoHealth and Walgreens are ramping up their shared efforts to let Americans know GoHealthInsurance.com is a viable solution for people seeking coverage and exploring marketplace options under the Patient Protection and Affordable Care Act, the companies announced Wednesday. 

  • Target says about 40 million credit, debit cards were hacked

    MINNEAPOLIS — About 40 million credit and debit card accounts of Target customers were compromised between late November and the middle of this month, the mass merchandise retailer said Thursday.

    Target confirmed earlier reports from the online security blog Krebs on Security that the company experienced a breach affecting nearly all of its stores. The breach was initially thought to have started the day before Thanksgiving and ended on Dec. 6, but investigators later found that it had lasted until Sunday.

  • Report: Centrella cooperative considering purchase of 10 Dominick's stores

    CHICAGO — The purchase of as many as 10 Dominick's stores may be under consideration by independent grocery chains affiliated with the Centrella cooperative, Crain's Chicago Business reported Thursday, citing sources close to the deal. 

  • Rite Aid posts $71.5 million profit in third quarter 2014

    CAMP HILL, Pa. – Rite Aid appears to be transitioning from a turnaround phase to one in which it's looking more toward future opportunities, company executives suggested in a conference call Thursday morning when announcing the chain's third quarter 2014 results.

  • Target gears up for final shopping days

    MINNEAPOLIS — As consumers are reaching the final days to squeeze in their holiday shopping, Target has announced some last-minute deals.

    Guests using Cartwheel, the retailer's unique savings program, can take advantage of a one-day sale on Dec. 19 when around 40 great gift items — ranging from toys to cookware — will have special offers with discounts ranging from 10% to 60% off. Cartwheel has gained more than 1 million new users this season alone, putting the number of guests signed up for the program at 4 million.

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