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Top Retailers

  • Walmart bests forecasts amid soft sales

    BENTONVILLE, Ark. — Walmart saw a diminutive 1% increase in same-store sales at U.S. stores, but beat analyst estimates and delivered better-than-expected fourth-quarter profits, the company announced Thursday.

    Walmart said total sales increased 3.9% to $127.1 billion compared to $122.3 billion last year. Without the benefit of a favorable currency exchange situation, sales would have increased a lesser 3.7% to $126.8 billion. Full year sales increased by 5% to $466.1 billion compared to last year’s total of $443.8.

  • Albertsons appoints division presidents; Justin Dye to head pharmacy

    BOISE, Idaho — Albertsons named the division presidents who will lead the 877 stores it will acquire from Supervalu after the purchase agreement closes next month, the company said. The two companies agreed to the purchase in January.

  • UrgentRx expands distribution into Duane Reade, Walmart

    DENVER — UrgentRx on Wednesday announced expansion of its line of fast-acting over-the-counter flavored powder medications into Duane Reade and Walmart. 

  • Safeway reports Q4 sales, projects Q1 comps of 2% based on strong uptake in loyalty program

    PLEASANTON, Calif. — Safeway on Thursday reported a sales increase of 1.3% to $44.2 billion in 2012 for its fiscal year ended Dec. 29, driven by increased fuel sales and a same-store sales increase of 0.5% (excluding fuel), the grocer reported. Safeway chairman and CEO Steve Burd projected identical sales as high as 2% in the first quarter of 2013, in part because of the success Safeway has had with its loyalty program Just 4 U. 

  • Rite Aid to present N.J. first lady with nearly $280,000 in hurricane-relief money

    CAMP HILL, Pa. — New Jersey first lady and chairwoman of the Hurricane Sandy New Jersey Relief Fund Mary Pat Christie will visit a Point Pleasant, N.J., Rite Aid store on Friday at 11:30 a.m. with Rite Aid executives to receive money for the fund, Rite Aid said Thursday.

  • CVS/pharmacy revamps private-label products

    WOONSOCKET, R.I. — CVS/pharmacy is making some changes to its Gold Emblem food product line, including enhanced ingredients and new flavors, the retail pharmacy chain said Thursday.

    The line has been revamped with more options and a new look. Gold Emblem includes more than 250 products, such as nuts, trail mixes, chips, pretzels, dried candies, cookies, spices, juices, condiments, baking products and breakfast bars. CVS introduced it in 1995, making it one of the first private-label food lines created by a major drug store chain.

  • Walgreens to open 'WAG U,' a top-of-the-line learning center for Walgreens employees

    DEERFIELD, Ill. — Walgreens on Friday will open the doors to "Wag U," an internal education center replete with technology-enhanced classrooms, a mock drug store and video-conferencing capabilities. The new learning center will be the base of operations for employee educational programs offered online and in regional locations nationwide. 

  • AP: Oklahoma legislator files bill requiring PBMs to get a state license from state pharmacy board

    OKLAHOMA CITY — Legislation that would require pharmacy benefit managers to seek licensure from the Oklahoma State Board of Pharmacy if they were to distribute medicines to Oklahoma residents was introduced on Tuesday, according to an Associated Press report

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