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CVS Acquires 64 Rite Aid Stores in the U.S. Northwest

CVS Acquires 64 Rite Aid Stores in the U.S. Northwest

by Mike Duff | May 20, 2025 | Retail Articles

CVS Pharmacy has agreed to acquire and operate 64 Rite Aid stores in Idaho, Oregon and Washington. As Rite Aid’s Chapter 11 bankruptcy proceedings continue, the CVS Health division said it also had acquired the prescription files of 625 Rite Aid pharmacies across 15...
Home Depot Says It’s Holding the Line on Prices After Mixed Q1 Results

Home Depot Says It’s Holding the Line on Prices After Mixed Q1 Results

by Mike Duff | May 20, 2025 | Retail Articles

Home Depot indicated it has no plans for broad price increases in the wake of recent tariff actions after posting first-quarter earnings that missed and sales that beat Wall Street expectations. Net earnings for the first quarter were $3.43 billion, or $3.45 per...
Former Family Dollar COO MacNaughton Returning as Chairman, CEO

Former Family Dollar COO MacNaughton Returning as Chairman, CEO

by Mike Duff | May 20, 2025 | Retail Articles

Dollar Tree, in partnership with Brigade Capital Management and Macellum Capital Management, announced former Family Dollar COO Duncan MacNaughton will return as chairman and CEO of Family Dollar following Dollar Tree’s divestiture of the business. Jason Nordin...
Target Offers Members No-Markup, Same-Day Delivery from Other Shipt Retailers

Target Offers Members No-Markup, Same-Day Delivery from Other Shipt Retailers

by Mike Duff | May 19, 2025 | Retail Articles

In a boost to its membership program, Target Corp. is leveraging its affiliation with Shipt to remove same-day-delivery price markups from more than 100 third-party marketplace retailers and grocers beyond Target’s own operations. With the initiative, the...
Dillard’s Notes Expense Control As Q1 Sales, Earnings Slip

Dillard’s Notes Expense Control As Q1 Sales, Earnings Slip

by Mike Duff | May 19, 2025 | Retail Articles

Sales and earnings slipped during Dillard’s first quarter, but the company came through the period better than Wall Street expected. Dillard’s reported net income was $163.8 million, or $10.39 per share, versus $180 million, or $11.09 per share, for the year-prior...
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