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  • CVS' Project Health to deliver more than $21M worth of preventive health screenings

    WOONSOCKET, R.I. — CVS/pharmacy announced on Wednesday the launch of Project Health (Proyecto Salud in Spanish), a wellness program delivering more than $21 million worth of free health screenings to multicultural communities.

  • Walmart Canada goes on offensive ahead of Target arrival

    MISSISSAUGA, Ontario — Walmart isn’t about to let the grass grow under its feet in Canada. The discounter plans to spend about $753 million this fiscal year to expand its store presence in Canada, before rival Target begins its push in the country.

  • CVS reports gains from ESI-Walgreens feud

    WOONSOCKET, R.I. — CVS Caremark recorded strong financial results for the fourth quarter and full year, and made solid progress across the enterprise during 2011, which set the stage for future growth. However, it was the potential benefit that CVS Caremark is seeing from Walgreens’ battle with Express Scripts that was top of mind for many and was a key question that president and CEO Larry Merlo hit head on at the top of Wednesday morning’s conference call.

  • Walmart calls out healthy foods with 'Great For You' icon

    WASHINGTON — In an effort to assure customers that private-label products are meeting the proper nutrition criteria, Walmart announced it is implementing a transparent initiative called "Great For You," an icon that calls out healthy foods sold in Walmart stores, Walmart announced on Tuesday in Washington, D.C.

  • CVS Caremark Charitable Trust 'surprises' nonprofits with $4.3M in funding

    WOONSOCKET, R.I. — Representatives of the CVS Caremark Charitable Trust, a private foundation created by CVS Caremark, kicked off a "Day of Giving" on Tuesday by surprising several nonprofits with the grant funding they had requested.

    The visits, hosted by several of the company's executives, were timed to coincide with the announcement that $4.3 million has been awarded in grants to 98 nonprofit organizations across the country in 2011, which includes multiyear grants from previous years.

  • Supervalu announces work force reduction

    MINNEAPOLIS — Supervalu on Tuesday announced plans to reduce its national work force by an estimated 800 positions. A majority of these reductions will take place by the close of the company’s fiscal year on Feb. 25, 2012. The reductions include both current positions and open jobs that will not be filled.

  • Walgreens takes its lumps and moves on

    Apparently, there’s life after Express Scripts.

    Walgreens took its lumps in January after failing to mend its very public rift with pharmacy benefit management giant Express Scripts, reporting a 2.3% drop in sales for the month. But considering that the PBM’s millions of customers represented $5.3 billion in prescription sales for the 7,818-store drug chain in fiscal 2011, it could have been worse.

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