Top Retailers

NEW YORK — Jim Cramer, host of CNBC's "Mad Money," is still bullish on Rite Aid.

In a segment of "Mad Money Lightning Round" Monday evening, Cramer said of Rite Aid's stock, "I want you to stick with it. They're making a big comeback."

Indeed, the Camp Hill, Pa.-based retail pharmacy chain's stock has been shooting up lately, trading at about $5.26 per share at midday Wednesday after opening at $5.20.

DETROIT — Walgreens is continuing its partnership with the Detroit Lions as the football team's official pharmacy, the two said.

PHOENIX — Safeway will open a grocery store in the camping area of the Phoenix International Raceway starting next month.

PIR president Bryan Sperber said the store would open for the AdvoCare 500 NASCAR Spring Cup Series weekend, which takes place Nov. 8-10, selling snacks and camping essentials.

WAUKESHA, Wis. — Hamacher Resource Group VP Dave Wendland is moderating Drug Store News' Diabetes & Chronic Care Roundtable for the 10th-consecutive year, the company said Tuesday.

The roundtable, part of the DSN Industry Issues Summit, will take place on Dec. 3 at the New York Athletic Club in New York and include participants like Walgreens, Thrifty-White, Costco, H-E-B, Ahold, Kerr Drug, AmerisourceBergen and McKesson/Health Mart, as well as numerous suppliers.

HOFFMAN ESTATES, Ill. — A selloff of several store leases and the spinoff of two business segments are on the way for Sears Holdings as the company hopes to improve its third quarter 2013 performance, the retailer said Tuesday.

The company, which owns the Kmart mass-merchandise and Sears department store chains, said it would sell five store leases in Canada to Cadillac Fairview for about $383.5 million. That deal is expected to close in the next 10 business days.

WASHINGTON — The last six drug take-back days sponsored by the Drug Enforcement Agency have collected nearly 2.8 million pounds of prescription drugs at more than 5,800 sites across the country, drawing praise from a drug industry trade organization.

The Generic Pharmaceutical Association said it "strongly supports" the DEA's efforts, including the seventh annual National Prescription Drug Take-Back Day, which took place Saturday.

DALLAS — Walgreens is collecting donations for breast cancer treatment through a partnership with Susan G. Komen to mark National Breast Cancer Awareness Month, which takes place this month.

MISSISSAUGA, Ontario — Target is on track to open all the stores it intends to in Canada, the mass merchandise retailer said Monday.

Target aid it would open its remaining 33 stores scheduled for 2013 in November, including the first stores in New Brunswick, Prince Edward Island and Newfoundland provinces. Thirty-one stores will open on Nov. 13, and the remaining two will open on Nov. 22. The retailer had 124 Canadian store openings planned for the year and said it would announce additional store openings at a later date.