Content about Retail News

May 2, 2013

Among the highlights of the first Sears Holdings shareholder meeting since Edward Lampert became chairman and CEO were details on the company's progress in combining its brick-and-mortar and online businesses.

HOFFMAN ESTATES, Ill. — Among the highlights of the first Sears Holdings shareholder meeting since Edward Lampert became chairman and CEO were details on the company's progress in combining its brick-and-mortar and online businesses.

May 2, 2013

Kroger on Thursday announced plans to host the largest Cinco de Mayo celebration in the Southeast at Fiesta Atlanta at Centennial Olympic Park this Sunday.

ATLANTA — Kroger on Thursday announced plans to host the largest Cinco de Mayo celebration in the Southeast at Fiesta Atlanta at Centennial Olympic Park this Sunday.

May 2, 2013

The National Association of Chain Drug Stores has announced its membership in “Prescriptions for a Healthy America: A Partnership for Advancing Medication Adherence."

ARLINGTON, Va. — The National Association of Chain Drug Stores has announced its membership in “Prescriptions for a Healthy America: A Partnership for Advancing Medication Adherence."

May 2, 2013

Rite Aid's same-store sales decreased 4% in April compared with April 2012 due to an earlier Easter and introductions of new generic drugs, the retail pharmacy chain said.

CAMP HILL, Pa. — Rite Aid's same-store sales decreased 4% in April compared with April 2012 due to an earlier Easter and introductions of new generic drugs, the retail pharmacy chain said Thursday.

The numbers released Thursday included a 3.5% decrease in sales on the front end and a 4.2% decrease in pharmacy sales, but the pharmacy figure included a 4.54% negative effect due to new generics. Same-store prescription count decreased by 0.2%.

Total sales for the month were $1.902 billion, a 4.6% decrease over April 2012's $1.993 billion.

May 1, 2013

Harris Teeter on Wednesday launched a donation card campaign to support both the United Service Organizations and Wounded Warrior Project, two organizations committed to supporting America's troops and their families.

CHARLOTTE, N.C. — Harris Teeter on Wednesday launched a donation card campaign to support both the United Service Organizations and Wounded Warrior Project, two organizations committed to supporting America's troops and their families.

May 1, 2013

PharmaSmart International's blood-pressure screening program is in use in all the stores of a regional retail pharmacy chain in the Northeast.

ROCHESTER, N.Y. — PharmaSmart International's blood-pressure screening program is in use in all the stores of a regional retail pharmacy chain in the Northeast.

PharmaSmart said it had deployed the peer-reviewed and clinically validated program at Kinney Drugs, which operates 97 stores in upstate New York and Vermont.

May 1, 2013

Publix posted first quarter sales of $7.5 billion, representing a 6.1% increase.

LAKELAND, Fla. — Publix on Wednesday posted first-quarter sales of $7.5 billion, representing a 6.1% increase. The Easter holiday in the first quarter of 2013, which was in the second quarter of 2012, increased sales by approximately 1.3%, the grocer noted. 

Comparable-store sales for the first quarter of 2013 increased 3.9%.

May 1, 2013

Two Hy-Vee stores in Iowa will start composting food waste, produce and floral trimmings, according to published reports.

NEW YORK — Two Hy-Vee stores in Iowa will start composting food waste, produce and floral trimmings, according to published reports.

The Cedar Rapids, Iowa, Gazette reported that Hy-Vee stores in Iowa City and Cedar Rapids had partnered with Des Moines, Iowa-based organics recycler Green RU, which will pick up the waste from the stores and haul it to nearby compost centers. The newspaper reported that the company was considering whether to expand the pilot program throughout the chain.

May 1, 2013

Rite Aid has signed on as a platinum sponsor of the Entertainment Industry Foundation Revlon Run/Walk for Women, the retail pharmacy chain said Wednesday.

CAMP HILL, Pa. — Rite Aid has signed on as a platinum sponsor of the Entertainment Industry Foundation Revlon Run/Walk for Women, the retail pharmacy chain said Wednesday.

The company will sponsor the New York and Los Angeles events this month, fielding teams of runners and walkers, manning booths and bringing fitness expert Denise Austin to warm up participants, as well as partnering with Revlon to donate a combined $100,000 to the EIF in support of efforts against women's cancer.

May 1, 2013

The year appears to be off to a good start, and CVS Caremark executives were optimistic Wednesday morning as the company pulled in a “strong” first quarter and narrowed its 2013 guidance to reflect higher-than-expected performance.

WOONSOCKET, R.I. — The year appears to be off to a good start, and CVS Caremark executives were optimistic Wednesday morning as the company pulled in a “strong” first quarter and narrowed its 2013 guidance to reflect higher-than-expected performance.

April 30, 2013

CVS Caremark announced that it was among several national companies represented at an event hosted on Tuesday by President Obama, VP Joe Biden, First Lady Michelle Obama and Dr. Jill Biden as part of the Joining Forces initiative.

WOONSOCKET, R.I. — CVS Caremark announced that it was among several national companies represented at an event hosted on Tuesday by President Obama, VP Joe Biden, First Lady Michelle Obama and Dr. Jill Biden as part of the Joining Forces initiative.

During the event, the Administration asked companies participating in the Joining Forces initiative to hire and train 435,000 veterans and military spouses over the next five years, after nearly tripling its original goal of hiring 100,000 veterans and military spouses by the end of 2013.

April 30, 2013

Family Dollar Stores on Monday announced Charles Gibson, EVP supply chain, will leave the company to pursue other interests effective April 30.

MATTHEWS, N.C. — Family Dollar Stores on Monday announced Charles Gibson, EVP supply chain, will leave the company to pursue other interests effective April 30.

“Charlie has overseen the growth and development of our supply chain network and has been a valued part of our team,” stated Howard Levine, Family Dollar chairman and CEO. “We appreciate the contributions Charlie has made to the company’s success, and we wish him all the best in his future endeavors.”

April 30, 2013

Even decades of social change haven't changed one thing: women's continued dominance of the retail marketplace, according to a new study.

NEW YORK — Even decades of social change haven't changed one thing: women's continued dominance of the retail marketplace, according to a new study.

April 30, 2013

Growth in spending on Mother's Day will be nearly flat this year as more Americans return to work and have less spare time, according to a new report by market research firm IBISWorld.

LOS ANGELES — Growth in spending on Mother's Day will be nearly flat this year as more Americans return to work and have less spare time, according to a new report by market research firm IBISWorld.

The report forecast a 0.2% rise in purchases on Mother's Day gifts this year over last year, for a total of $17.1 billion.

April 30, 2013

Walgreens on Wednesday will celebrate the official opening of its latest flagship store, located at School and Washington streets in Boston, the company announced.

DEERFIELD, Ill. — Walgreens on Wednesday will celebrate the official opening of its latest flagship store, located at School and Washington streets in Boston, the company announced Tuesday. 

April 29, 2013

CVS/pharmacy has reportedly entered the Wichita, Kansas, market with the opening Sunday of its first of several store locations in the market, according to a local news report.

WOONSOCKET, R.I. — CVS/pharmacy has reportedly entered the Wichita, Kansas, market with the opening Sunday of its first of several store locations in the market, according to a local news report.

The retailer has two additional locations slated to open in the area in July, the Wichita Eagle reported and quoted CVS/pharmacy spokesman Mike DeAngelis as saying that other locations are “in the pipeline.”

April 29, 2013

Supervalu has appointed Rite Aid president, chairman and CEO John Standley to its board of directors, the supermarket operator said. The company also announced the appointment of Cerberus Capital Management COO and general counsel Mark Neporent.

MINNEAPOLIS — Supervalu has appointed Rite Aid president, chairman and CEO John Standley to its board of directors, the supermarket operator said.

The company also announced the appointment of Cerberus Capital Management COO and general counsel Mark Neporent.

April 29, 2013

Safeway announced that Robert Edwards, currently the company's president, will succeed Steven Burd as CEO when Burd retires as chairman and CEO on May 14. Edwards, 57, will also join the company's board of directors.

PLEASANTON, Calif. — Safeway late Monday announced that Robert Edwards, currently the company's president, will succeed Steven Burd as CEO when Burd retires as chairman and CEO on May 14. Edwards, 57, will also join the company's board of directors.

"Since he arrived here in 2004, Robert has successfully met every challenge he has faced," Burd stated. "He has demonstrated the ability to lead the company in all facets of its operations, and has earned the respect of the entire organization."

April 29, 2013

Target will feature electronics picked by the editors of Wired magazine, under a deal between the two.

MINNEAPOLIS — Target will feature electronics picked by the editors of Wired magazine, under a deal between the two announced Monday.

Target said the custom-curated assortment of products would include four products available for the first time at Target, including personal fitness, photography, digital music streaming and others.

April 26, 2013

With National Drug Take Back Day scheduled for April 27 and in light of a new national study revealing that 1-out-of-4 teenagers has misused or abused a prescription medication at least once, CVS Caremark is reminding families that proper management, storage and disposal of their medication can reduce access to drugs by young people in their homes.

WOONSOCKET, R.I. — With National Drug Take Back Day scheduled for April 27 and in light of a new national study revealing that 1-out-of-4 teenagers has misused or abused a prescription medication at least once, CVS Caremark is reminding families that proper management, storage and disposal of their medication can reduce access to drugs by young people in their homes.

April 26, 2013

GNC expanded nationwide its new Member Price Program, which will incorporate GNC’s current loyalty program boasting close to 7 million active members.

PITTSBURGH— GNC on Wednesday expanded nationwide its new Member Price Program, which will incorporate GNC’s current loyalty program boasting close to 7 million active members.

In new markets in which the Member Price Program is launching, GNC will offer free memberships for a limited time.

April 26, 2013

Amazon on Thursday reported a net sales increase of 22% to $16.1 billion for its first quarter ended March 31.

SEATTLE — Amazon on Thursday reported a net sales increase of 22% to $16.1 billion for its first quarter ended March 31. Of that, $9.4 billion was sourced from the North American market. North American sales of electronics, health and beauty products, among other merchandise, reached $6.1 billion for the quarter, up 28.4%. 

During a conference call with analysts, Amazon CEO Tom Szkutak declined to confirm rumors that Amazon is investing in additional refrigeration equipment across its fulfillment center footprint with plans to expand AmazonFresh. 

April 26, 2013

The Marketplace Fairness Act is one step closer to passing. The Senate voted 63-30 to end debate on the bill, which would compel online retailers to collect state taxes, and will make a final decision on the bill on May 6.

WASHINGTON — The Marketplace Fairness Act is one step closer to passing. The Senate voted 63-30 Thursday to end debate on the bill, which would compel online retailers to collect state taxes, and will make a final decision on the bill on May 6. 

April 26, 2013

AmerisourceBergen's base of 3,452 independently owned Good Neighbor Pharmacies will be another benefactor out of the wholesaler's blockbuster agreement with Walgreens and Alliance Boots, AmerisourceBergen CEO, president, director and chairman Steven Collis told analysts during a conference call Thursday.

VALLEY FORGE, Pa. — AmerisourceBergen's base of 3,452 independently owned Good Neighbor Pharmacies will be another benefactor out of the wholesaler's blockbuster agreement with Walgreens and Alliance Boots, AmerisourceBergen CEO, president, director and chairman Steven Collis told analysts during a conference call Thursday.

April 25, 2013

Avella Specialty Pharmacy provided more than $7.2 million in financial assistance to patients last year, the company said Thursday.

PHOENIX — Avella Specialty Pharmacy provided more than $7.2 million in financial assistance to patients last year, the company said Thursday.

The Phoenix-based specialty pharmacy said its representatives work with patients to secure funding to cover specialty medication costs as specialty drugs can often be too expensive, even for patients with health insurance and monthly co-pays in the hundreds or even thousands of dollars.