Top Retailers

PLEASANTON, Calif. — Safeway on Thursday announced the sale of 16 of its Genuardi's stores in the greater Philadelphia area to Giant Food Stores, a division of Ahold USA. Safeway will continue to operate these stores until the transaction closes, and the company is working through an orderly transition for all of these stores.

In addition, Safeway plans to close three Genuardi's stores and sell the remaining eight Genuardi's stores, which it will continue to operate while it is working with potential buyers.

ISSAQUAH, Wash. — Net sales for Costco rose 9% in December to nearly $10.1 billion, the company announced Thursday.

The company also reported that U.S. comparable-store sales and international comps rose 7$ and 9%, respectively, during the five-week period. Excluding gasoline price increases and a slightly negative impact of foreign-currency translations, the quarter's same-store sales rose 7%, Costco noted.

CAMP HILL, Pa. — Rite Aid's same-store sales increased 3.6% in December 2011, compared with December 2010, the company said Thursday.

Front-end same-store sales increased by 0.7%, while pharmacy same-store sales increased by 5.2% and prescription count at comparable stores increased 3.2%. Total store sales increased by 3.3% to $2.6 billion, compared with December 2010's nearly $2.6 billion.

NEW YORK — Manhattan-based pharmacy retailer Duane Reade has confirmed plans to relocate its corporate headquarters to 40 Wall St., which is already home to its mega flagship store.

The company’s current lease at its corporate headquarters at 440 Ninth Ave. was nearing its August expiration so the retailer, which is owned by Walgreens, began searching for a new space.

DALLAS — U.S. Preventive Medicine on Wednesday named Ronald Loveless its vice chairman. Loveless will serve alongside vice chairman Ron Loeppke, who joined the company in 2008 to direct product innovation, research and clinical standards at the company.

Loveless, a Walmart retiree and first CEO of Sam's Club, will play a key role in guiding the growth of U.S. Preventive Medicine in the United States, as well as international markets, the company stated.

SUNBURY, Pa. — Weis Markets on Tuesday named Joseph Douglas the grocer's VP pharmacy.

Douglas will oversee the day-to-day merchandising, operation and management of Weis Markets’ 122 pharmacies and also will direct the company’s lifestyle initiatives’ team, which focuses on health-and-wellness issues. Douglas will report to Kurt Schertle, SVP sales and merchandising.

Douglas was a 27-year Walgreens veteran, where he was VP transforming community practice.

CHICAGO — Investment research firm Morningstar has named the outgoing CEO of Costco Wholesale as its 2011 CEO of the Year, the company said Wednesday.

Costco CEO Jim Sinegal, who retired on New Year's Day, received the recognition for what Morningstar called his "exemplary corporate stewardship, independent thinking" and creating "lasting value for shareholders."

CAMP HILL, Pa. — Americans make hundreds of millions of New Year's resolutions every year, following some to the letter and ignoring others. Health-related resolutions are among the most common, giving pharmacy retailers a way to pitch in and help.