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  • Cardinal Health braces for August contract expiration with Walgreens

    DUBLIN, Ohio — In the wake of a new partnership announcement between Walgreens and AmerisourceBergen, Cardinal Health announced on Tuesday that its pharmaceutical distribution contract with Walgreens that is scheduled to expire at the end of August 2013 will not be renewed.

  • Meijer expands made-in-Michigan program

    GRAND RAPIDS, Mich. — Mass merchandise chain Meijer is expanding an initiative started last year to feature products made in the state of Michigan.

    The company announced Tuesday a plan to feature 55 new Michigan-made grocery products in all its stores in the state. The company started the Made in Michigan initiative in January 2012 with the Michigan State University Product Center for Food-Ag-Bio.

  • WAG Q2 results headed in right direction as chain prepares three new flagship openings in DC, NY and Boston

    DEERFIELD, Ill. — Even as Walgreens expands its operation globally through strategic partnerships with both Alliance Boots and now AmerisourceBergen, the pharmacy operator continues to create some retail pop in the U.S. market. For example, Walgreens has set the stage for the opening of three more flagship stores.

  • CVS Caremark research: Rx adherence can spell cost savings for coronary artery disease patients

    WOONSOCKET, R.I. — Patients with coronary artery disease who are adherent to their prescribed medications can save the healthcare system up to $868 per patient per year, according the findings of a recent study conducted by researchers at Brigham and Women’s Hospital and CVS Caremark.
     
    The research was published in the April issue of the American Journal of Medicine.

  • Walgreens, Alliance Boots announce blockbuster partnership with AmerisourceBergen

    DEERFIELD, Ill. — Walgreens will no longer source branded prescription medicines directly from suppliers beginning in September, the Chicago-based retailer announced Tuesday as part of a significant partnership between Walgreens, Alliance Boots and AmerisourceBergen that includes Walgreens and Alliance Boots potentially taking a 7% stake in the Pennsylvania wholesaler. Walgreens will begin sourcing generic medicines from AmerisourceBergen beginning in the calendar year 2014.  

  • EPA recognizes Sears Holdings as Partner of the Year

    HOFFMAN ESTATES, Ill. — The Environmental Protection Agency has given Sears Holdings a 2013 Energy Star Partner of the Year - Sustained Excellence Award, the company said Monday.

    Sears Holdings, which operates Kmart, said its efforts to promote sustainability and energy efficiency would be recognized at a ceremony in Washington on March 26.

    The company has been an Energy Star partner since 1998.

  • Target sets dates for next round of Canadian store openings

    MISSISSAUGA, Ontario — Target Corp. is opening 17 new stores in Canada's Ontario province Tuesday and four more on March 28, the mass merchandise retailer said Monday.

    Target said the soft openings follow the launch of three pilot stores and will allow the company to engage in volume testing ahead of their April grand opening. The company plans to open 124 stores across Canada this year.

  • RadioShack continues to build retail team, naming Michael De Fazio SVP store concepts

    FORT WORTH, Texas — In a SEC filing, RadioShack last week confirmed it had recruited Michael De Fazio, one of the architects behind Duane Reade's new store formats, to help the small-box specialty retailer recapture some of its lost retail pizzazz. 

    As SVP store concepts, De Fazio joins a team that includes Troy Risch, who came to RadioShack from Target as EVP operations in December, and Huey Long, formerly of Wal-Mart and now RadioShack EVP strategy and consumer insights who also signed with RadioShack in December. 

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