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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.

  • 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.

  • Walk with Walgreens kicks off in New York's Times Square

    NEW YORK — Walgreens on Wednesday morning launched a national health initiative, Walk with Walgreens, here at its flagship store in Times Square.

    The new initiative was created to lead to the prevention and early detection of leading diseases, including cancer, heart disease and diabetes, the pharmacy operator stated.

  • 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.

  • Walgreens' March sales jump

    DEERFIELD, Ill. — Walgreens on Tuesday reported March sales of $6.3 billion, an increase of 7.6%. Duane Reade stores, acquired in April 2010, contributed 280 basis points to the total sales increase for the month.

    Total front-end sales increased 8.4% in March, including 470 basis points from Duane Reade stores. Despite the negative impact of this year’s later Easter, which falls on April 24 compared with April 4 last year, comparable-store front-end sales increased 1.6%. Customer traffic in comparable stores increased 0.8%, while basket size increased 0.8%.

  • Sam's Club awards programs that promote healthy living

    BENTONVILLE, Ark. — The philanthropic arm of Sam's Club has committed funds to organizations that promote healthy living.

    The Sam's Club Giving Program said it will award more than $2.8 million to prevention and awareness programs — which include YMCA of the USA, Sesame Workshop, Alliance for a Healthier Generation and the OASIS Institute — that emphasize positive lifestyle changes and help reduce such conditions as obesity, diabetes, heart disease and more.

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