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LAS VEGAS — Nickelodeon is launching the first products themed after one of its live-action comedy series exclusively at Walmart.

U.S. and Canadian Walmart stores will carry the more than 250 products based on the show "Victorious," including apparel, accessories, entertainment and school supplies. Most stores will begin carrying the items in July through the back-to-school shopping season.

LAKE WORTH, Fla. — According to a post Monday from extreme couponer and Walgreens fan Christie Hardcastle, American Baby magazine is shipping out a Walgreens Infant Care Booklet mailer to subscribers.

“I wrote about these being mailed out in February but it looks like some of you might be getting this mailer again!” blogged Hardcastle. The mailer contains coupons for Nursery Water and Earth’s Best baby food, among other products, Hardcastle reported.

ROCKVILLE, Md. — Catalyst Health Solutions on Monday announced it has completed its acquisition of Walgreens’ pharmacy benefit management subsidiary, Walgreens Health Initiatives.

“We have been pleased with the integration planning and are highly confident that the company will rapidly realize the many strategic and financial benefits of this transaction,” stated David Blair, Catalyst CEO.

WHAT IT MEANS AND WHY IT’S IMPORTANT — Diversity in the corporate sense used to be about hiring. Now for such companies as Walgreens, it means ensuring that the banner resonates among the diverse cultures the retailer serves. It’s more than neighborhood marketing; it’s what Walgreens might refer to as Customer Centric Retailing on a much deeper level.

WHAT IT MEANS AND WHY IT'S IMPORTANT — The news that MinuteClinic has formed clinical affiliations with OhioHealth and Cleveland Clinic Florida is important because it further signifies that retail-based clinics are more than just clinics.

(THE NEWS: MinuteClinic, OhioHealth enter strategic clinical affiliation. For the full story, click here.)

CINCINNATI — Kroger on Monday named Reuben Shaffer the grocer’s new chief diversity officer, effective immediately.

“Diversity is a core value at Kroger,” stated David Dillon, Kroger chairman and CEO. “We take our commitment to diversity seriously, both because it is right and because it makes us better at our business. When our decision-making is inclusive and reflects the diversity of our customers, we make better decisions.”

SAN FRANCISCO — Health 2.0 and Walgreens on Thursday announced the launch of the Walgreens 2011 Challenge: A New Approach to Patient Information Navigation, which invites teams of developers to create an application that presents aggregated U.S. Department of Health and Human Services data on specific health topics.

The challenge is being sponsored by Walgreens, as part of the Health 2.0 Developer Challenge, as a way to supply both Walgreens healthcare staff and patients with a tool for searching and learning about health-related topics, the companies stated.

MATTHEWS, N.C. — Activist investor Bill Ackman, and his Pershing Square Capital Management investment fund, has become the largest owner of Family Dollar stock, according to a regulatory filing.

The filing noted that Ackman has bought a stake of 8.9%.

The news follows just a few months after the retailer turned down an active takeover bid by Nelson Peltz's Trian Fund.