Top Retailers


BENTONVILLE, Ark. — Walmart’s Neighborhood Market concept finally is getting its due more than 12 years after the first unit opened in late 1998. Next year, the company expected to open between 30 and 40 small stores, the majority of which will be Neighborhood Market units, in addition to a handful of pilot stores measuring less than 30,000 sq. ft. that the company views as a potential growth vehicle for either urban or rural markets.



BENTONVILLE, Ark. — Walmart clearly is not unique in the fact that some of its stores offer access to an in-store health clinic, but what is unique is that several years ago, the retail giant decided to scrap its retail clinic model of partnering with a handful of independent operators in favor of a more regionalized, healthcare system-driven model.



HOUSTON — Walgreens will receive a jolt to its brand image in February as the chain begins playing host to NRG’s eVgo electric vehicle charging stations across 18 locations in the Hous­ton market. The eye-catching stations will help position Walgreens, and such other participating retailers as H-E-B and Best Buy, as cutting-edge companies with an eye to the future — and as responsible neighbors intent to make good on the promise of sustainability.


MINNETONKA, Minn. — Could the economy and the bare-knuckles competition that now defines pharmacy retailing lower the price bar even further for widely used generic drugs? It’s already happening.


LANDOVER, Md. — Two-and-a-half years after joining the company, Robin Michel is leaving as president of the Giant-Landover division of Ahold USA to pursue other opportunities, the company confirmed Monday.

Michel will depart at the end of the month, according to Ahold USA spokesperson Sara Neumann. She will be replaced on a temporary basis as operations chief by Don Sussman, EVP supply chain at Ahold, while the company conducts a search for a successor.

GOODLETTSVILLE, Tenn. — Dollar General reported that its third-quarter net income was $128 million, or a diluted earnings per share of 37 cents.

Excluding a net loss of $8 million ($5 million after income taxes) relating to the early repayment of certain long-term obligations, net income for the 2010 third quarter was $133 million, or a diluted EPS of 39 cents, a 76% increase over net income of $76 million, or 24 cents per diluted share, in the third quarter of fiscal 2009.

DEERFIELD, Ill. — Walgreens saw a rise in sales across the board for the month of November and fiscal first quarter 2011, the drug store chain said Friday.

Total sales for the chain rose 8.6% to $5.83 billion in November, with 2.8 percentage points contributed by Duane Reade stores. Comparable-store sales for the month also saw a gain of 3.2%, although comps results do not include Duane Reade sales. Total sales for the quarter saw a strong gain of 5.9% to $17.33 billion, as comparable-store sales increased 0.8%.

WOONSOCKET, R.I. — CVS Caremark announced on Friday that former Walmart North executive Hank Mullany will succeed Larry Merlo as president of CVS/pharmacy. The move is part of the corporate succession plan announced last May in which Tom Ryan will retire as CEO prior to the next annual meeting and Merlo will step up as CEO.