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  • Rite Aid finishes tough fiscal year, but Q4 shows improvements

    CAMP HILL, Pa. — Sales at Rite Aid fell during fiscal year 2011, according to financial results announced Thursday, but it appears the company may have gained some momentum, reversing negative same-store sales trends in the fourth quarter.

  • Costco sees sales gain in March

    ISSAQUAH, Wsh. — Costco experienced a 17% increase in its monthly sales ended April 3, totaling nearly $7.2 billion.

    Costco was positively impacted by the calendar shift; the company's five-week period for March included 35 days this year, compared with 34 days last year. The wholesale retailer noted the comparable-store sales saw an 11% boost. Excluding such effects as inflation in gasoline prices and strengthening foreign currencies, which had a positive impact on comparable sales, Costco said comps would have increased 7%.

  • Walgreens VP to present during Pinsonault Associates Managed Markets Summit

    DEERFIELD, Ill. — Walgreens VP clinical affairs David Lorber will present during the Pinsonault Associates Managed Markets Summit on April 12 in Miami, Fla., the retailer announced Thursday.

    The session, titled "Employer Issues in Specialty Pharmacy," will examine concerns for payers, including cost management and containment, benefit and coverage decisions, formulary and medical policy, pipeline management, provider network, member satisfaction and disruption, and compliance.

  • Target's March sales drop

    MINNEAPOLIS — Target's March sales dropped 4.5% to $5.95 billion, compared with the year-ago period.

    The retailer also disclosed that comparable-store sales for the five weeks dropped 5.5%, which was in line with expectations, as they reflected the later timing of the Easter holiday, according to the company's chairman, president and CEO, Gregg Steinhafel.

    "Our stores are well-prepared for the upcoming Easter season, and we continue to expect a mid-teens increase in Target's April comparable-store sales," Steinhafel noted.

  • MinuteClinic enters clinical affiliation with Advocate Health Care, Advocate Physician Partners

    WOONSOCKET, R.I., and OAK BROOK, Ill. — CVS Caremark's retail-based clinic operator, MinuteClinic, has entered into a clinical affiliation with Advocate Health Care and Advocate Physician Partners to enhance the healthcare services provided to patients in communities throughout Chicagoland and central Illinois. The deal marks the largest clinical collaboration between a regional health system and MinuteClinic based on number of in-store clinic locations.

  • Supervalu banners emphasize healthy eating among youth

    MINNEAPOLIS — Four Supervalu banners are looking to boost healthy eating among children by offering parents fresh ideas for nutritious snacking.

    Acme, Farm Fresh, Shaw's and Shoppers stores will launch on their respective Facebook pages a video grocery tour with Supervalu's registered dietitian, Jennifer Shea, who will share the secrets to filling a shopping cart with the great-tasting foods kids want and the nutrients they need.

  • Kroger to implement Sharps Compliance's TakeAway program

    HOUSTON — Sharps Compliance's TakeAway envelope solution is making its way to Kroger and its family of stores.

    Kroger, which operates stores under several banners across 31 states, will offer the the medication disposal envelopes at its pharmacy counters. The goal: to offer a safe and environmentally responsible means of disposing unused, expired or unwanted noncontrolled prescription and over-the-counter medications.

    Kroger joins such retailers as Rite Aid, which recently implemented Sharps Compliance's TakeAway program in its stores.

  • Walmart reports increase in global giving

    BENTONVILLE, Ark. — Walmart announced that, through the Walmart Foundation, it has donated $319 million in cash and $480 million in in-kind contributions around the globe during the fiscal year ended Jan. 31.

    According to Walmart, the company's U.S. giving grew by 64%, largely due to donations of produce, meats, poultry and other nutritious food to local food banks from Walmart stores, Sam's Club locations and distribution centers.

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