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CVS Caremark declares quarterly dividend

BY DSN STAFF

WOONSOCKET, R.I. — CVS Caremark’s board of directors has approved a quarterly dividend of 12.5 cents per share.

The dividend is payable May 3 to holders of record on April 22, the company noted.

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Giant to open Feasterville, Pa., store

BY Alaric DeArment

FEASTERVILLE, Pa. — Giant Food Stores plans to open a new store near Philadelphia on March 16, the Carlisle, Pa.-based Royal Ahold banner said.

Giant-Carlisle acquired the 53,000-sq.-ft. former Genuardi’s store from Safeway in Feasterville, Pa., in November 2010 and said the renovated store will look more like a modern Giant prototype.

The store will include Nature’s Promise Marketplace, a section that will stock more than 2,500 natural and organic grocery, frozen, dairy and special diet products, part of the chain’s focus on health and wellness. The store also will use Giant-Carlisle’s Healthy Ideas product labeling system, which uses blue and green shelf tags to identify healthy foods, and EasyScan self-scanning machines.

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Target expands clinic presence

BY Allison Cerra

MINNEAPOLIS — Target Clinic is slated to open eight new locations in three markets.

The clinics will open in Target stores in the Twin Cities, Chicago and Ft. Lauderdale-Davie areas by the end of July, bringing the total clinic count to 44. The first new Target Clinic location opened March 2 in Minnesota.

Target said expanding its clinic business will increase access to healthcare services.

"Target believes that quality healthcare services should be accessible and affordable for everyone," said Josh Riff, Target medical director. "By opening new Target Clinic locations, we will provide our guests with even more support and convenience to help them meet the well-being needs of their families."

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