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Mar 12, 20231 min read
"Breakthrough Study": Diabetes Drug Helps Prevent Long COVID
Metformin appears to play a role in preventing Long COVID, when taken early during Covid-19 infection, according to a new preprint study...
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Mar 12, 20232 min read
5 Things You May Have Missed In Grocery
1. How CVS Became a Pharmacy Behemoth. CVS’s climb to the top: In the U.S., you can basically throw a rock and you’ll hit a CVS. Roughly...
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Mar 11, 20231 min read
Gelson's Names John Bagan President & CEO
Appointment follows the retirement of 15 year leader Rob McDougall. Bagan was a merchandising executive with Albertsons, Guitar Center...
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Mar 10, 20231 min read
Lilly Cuts Insulin Prices
Lilly will automatically cap out-of-pocket costs at $35 at participating retail pharmacies for people with commercial insurance using...
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Mar 10, 20231 min read
Kroger Taps Ex-House Speaker John Boehner as Special Adviser Amid Pending Merger.
Washington D. C. lobbying and legal powerhouse Squire Patton Boggs retained to help pull $24.6 Billion Albertsons Acquisition Deal over...
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Mar 10, 20231 min read
Ulta Tops $10 Billion in Sales
Rounding out a strong year, Ulta Beauty saw 4th Q sales increase 18.2% to $3.2B. For the Full year, net sales increased 18.3% to $10.8...
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Mar 9, 20231 min read
Walmart Health Unveils Plan to Open 6 Centers in metro Phoenix
Walmart Plans to open multiple Health Centers as it expands its medical services initiatives. The breakdown of the new facilities is six...
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Mar 8, 20231 min read
Albertsons Cos. Campaign Celebrates the Joy of Food
A new marketing campaign from Albertsons Cos. tells a unique story from the perspective of what food sees. The grocer is aiming to boost...
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Mar 5, 20231 min read
Medly Sells Pharmacy Assets to Walgreens for $19.5 Million
Included in the sale were Pharmacy Assets from 22 Pharmaca Integrated Pharmacies and 4 Medly Pharmacies nationally. Medly sent an e-mail...
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Mar 5, 20231 min read
Target Adds Drive-up Returns to its Curbside Services
Starting this spring with plans to expand to all stores by the end of summer. Customers can return most new, unopened items within 90...
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Mar 5, 20231 min read
Best Buy to close as many as 30 stores in 2023.
Fourth Quarter sales were $14.7B, Down 10% from prior year. Growth in gaming and tablets offset comp sales declines in home-theater,...
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Mar 5, 20231 min read
Amazon Hits Pause on 2nd Headquarters
The e-commerce giant announced yesterday that it's halting construction of its 2nd HQ in Arlington, VA. The first part of the project,...
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Mar 5, 20231 min read
Kroger-Albertsons Merger Updates
Kroger CEO Rodney McMullen reports that Albertsons merger negotiations with regulators are on track. WGB 3/4/23 Are Kroger and Albertsons...
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Jan 17, 20231 min read
Happy Retirement: Michelle Hobson
Happy New Year to my industry colleagues and friends! In addition to wishing you and your families everything good and wonderful in this...
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Nov 17, 20221 min read
Kroger-Albertsons Merger
On a combined basis, the companies delivered approximately $210 Billion in revenue, $3.3 Billion in Net Earnings and $11.6 Billion in...
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Nov 17, 20223 min read
Food as Medicine
A Deloitte Study by Supermarket News Food as medicine’ concept embraced by consumers The link between fresh, healthier food and improved...
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Nov 14, 20221 min read
Johnson & Johnson's NEW Company called Kenvue
J&J took another step forward in establishing TWO Independent, Market-Leading Companies, announcing Kenvue as the name for its planned...
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Nov 14, 20221 min read
NEW POP UP GROCER FORMAT
Pop-Up Grocer's Mission is to promote brands from underrepresented vendors and to attract shoppers who are curious about what they eat....
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Nov 14, 20221 min read
WBA Makes Full Acquisition of Shields Health Solutions
BA is acquiring the remaining 30% stake of Shields for approximately $1.37B. Shields, a leader in the large, fast-growing market of...
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Nov 13, 20221 min read
Walgreens Boots Alliance Acquires Care Centrix
WBA's partnership with Care Centrix extends care capabilities into the home to create a connected ecosystem for patients. Care Centrix...
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