Strategy

CarelonRx, a subsidiary of Elevance Health, is acquiring the division that does not include the grocer's in-store retail pharmacies and The Little Clinics.

Pet industry veteran Heather Govea takes the top spot at the company that provides a host of private label products to retailers.

The announcements were made throughout the first half of March with grand opening details still to come.

Private label products now account for more than 25% of the retailer's total sales with additional growth expected.

The discount retailer in on pace to hit is goal of 20% private label brand penetration by 2026.

The convenience store chain's newest store in the Detroit metro region is slated to open later this year.

The retailer teams with fashion tech company unspun to test a new method in producing clothing that is said to be more sustainable and will bring jobs back to the U.S.

The discounter reported fourth quarter growth in the consumables category, while sales in its home products, seasonal, and apparel categories were sluggish.