Top Retailers

AMSTERDAM — Ahold is buying back about $650 million worth of shares, with plans to finalize the deal within 12 months, the Dutch retail company said Monday.

Ahold — which operates the Stop & Shop, Giant-Carlisle and Giant-Landover supermarket banners and the Peapod online grocery service in the United States through its Ahold USA subsidiary — said the purpose of the share-buyback program was to return value to shareholders.

HAUPPAUGE, N.Y. — Red Carpet Manicure, a maker of an at-home LED gel manicure system, has announced a new partnership with Target.
 
Available in Target stores and online at Target.com are the LED gel manicure products, including the removal kit and LED professional light. Twenty on-trend shades will be available nationwide, including Star Power and White Hot perfect for spring and summer style, and Ooo La Liscious, which was worn by Rihanna at the 2013 Grammy Awards.
 


OutcomesMTM, a medication therapy management delivery system, last week recognized its top chain and independent pharmacies for 2012. Walgreens and Kerr Drug were named top large pharmacy chain and top regional pharmacy chain, respectively. 

MTM matters, and people are keeping score. And it's something you can expect to see more of in the age of accountable care and star-based quality ratings.  

BENTONVILLE, Ark. — Empowering Women Together, an online destination on Walmart.com, gives shoppers who want to buy unique and interesting products the opportunity to do so while supporting small women-owned businesses around the world, the retailer announced. At launch, Empowering Women Together will offer shoppers more than 200 items from 19 businesses in nine countries.

An oft-cited 1998 report, recently repeated again by the surgeon general in the January/ February 2012 "Public Health Report," estimated that 125,000 U.S. citizens die each year due to complications related to adherence. Also worrisome is the statistic that one-third to one-half of all patients don't take medication as prescribed, and according to a 2011 study by Harvard, Brigham and Women's Hospital and CVS, up to one-quarter of these never fill prescriptions at all.

By now you probably have heard about "Walgreens University," the internal education center the company opened last month, complete with technology-enhanced classrooms, a mock drug store and video-conferencing capabilities for employee educational programs.

Competing in the new age of retail, where bricks, clicks and anything in between compete for a larger share of the omnichannel customer, will require new skill sets and a generally better-educated workforce. The winners will create a more personalized shopping experience that leverages the expertise in their stores.

PLEASANTON, Calif. — Safeway on Wednesday offered a glimpse of its new wellness platform, slated to launch in the second quarter, to analysts during the chain's 2013 investor conference here. "Today, we're a supermarket company … selling wellness services and wellness products," Steve Burd, Safeway chairman and CEO, told analysts. Within 10 years, Safeway will transform into a wellness company that happens to sell food, Burd said. 

CINCINNATI — Kroger on Thursday reported total sales of $96.8 billion, up 7.1% as compared with the prior fiscal year. After adjusting for the extra week in fiscal 2012, total sales increased to $94.8 billion or 4.9% compared with the prior fiscal year. Excluding fuel, total sales increased 6% over the same period last year. Further adjusting for the extra week, total sales excluding fuel increased 4%.