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  • Report: Winn-Dixie sues Dollar General

    NEW YORK — Winn-Dixie has filed suit against Dolgencorp, the parent company of Dollar General. The grocer confirmed that the suit was filed because Dolgencorp “knowingly violates legal, noncompete provisions of Winn-Dixie leases in shopping centers in which both businesses operate,” Winn-Dixie told the Jacksonville Business Journal in an email.

  • Walgreens to walk away from Express Scripts in 2012

    DEERFIELD, Ill. — Walgreens on Tuesday announced the company no longer will participate in the Express Scripts network beginning Jan. 1, 2012, citing unsuccessful renewal negotiations.

  • Walgreens' hard stance against PBM dominates earnings call

    DEERFIELD, Ill. — Soon after reporting double-digit earnings per share growth Tuesday morning, Walgreens announced it would forego as much as $5.3 billion in annual sales, representing some 7% of the company’s business and 90 million prescriptions, as it walks away from its relationship with pharmacy benefit manager Express Scripts.

    Wall Street reacted badly to the news — sales of Walgreens’ stock were down more than 6% to $42 and change in mid-morning trading.

  • Kroger highlights sustainable efforts in new report

    CINCINNATI — Kroger has released its fifth annual sustainability report.

    Some of the highlights noted in the report include:

    • Kroger stores reduced overall energy consumption by 30% since 2000;

    • Company-wide, including all facilities, Kroger has saved more than 2.2 billion kilowatt hours;

    • Kroger completed its first wind energy project. Two wind turbines installed at Turkey Hill Dairy in Lancaster, Pa., will supply 25% of the dairy's annual electricity needs;

  • Mining prospects in health industry's 'new gold rush'

    It’s like if KITT, the talking car on the 80s TV hit “Knight Rider,” consulted Hasselhoff about his excessive drinking while the two used advanced automotive and information-based technology to fight crime — and improve health outcomes.

  • Safeway celebrates private-label brand by setting Guinness World Records title

    PLEASANTON, Calif. — Safeway celebrated National Picnic Day on Saturday by breaking the Guinness World Record for longest picnic table and debuting its new private-label brand.

    The record-setting picnic, held at the Marina Green in San Francisco, featured Safeway's Open Nature, a newly launched line of all-natural foods that includes meat and poultry, bread, yogurt, ice cream and salad dressing products, that were prepared by Food Network chef Tyler Florence. Safeway also succeeded at building a table exceeding 305 ft.

  • Target’s five-step plan for success

    
MINNEAPOLIS — Target is poised to become an even more significant player in the world of health, wellness and beauty in the coming years, assuming the company can execute a range of initiatives designed to grow sales to $100 billion and double earnings per share to at least $8.


  • CVS/pharmacy introduces CARE 1on1

    WOONSOCKET, R.I. — CVS/pharmacy has introduced its latest initiative, designed to underscore the role pharmacists play in managing ongoing medications for chronic illnesses, particularly when a patient starts a new medication.

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