Content about Top Retailers

December 6, 2013

Target has introduced a section of its website that features products popular on Pinterest.

NEW YORK — Target has introduced a section of its website that features products popular on Pinterest.

The Target Awesome Shop includes products from several lines, including beauty, each of which is among those most-pinned on Pinterest in the last few days, but only if they have at least a four-star guest review.

The website is currently in beta testing and was put together "in a matter of a few weeks" by Target's Rapid Accelerated Development team, a small group of digital experts working for the company.

 

December 5, 2013

Costco's sales increased by 5% during first quarter 2014, which ended on Nov. 24, the club retailer said Thursday.

ISSAQUAH, Wash. — Costco Wholesale Corp.'s sales increased by 5% during first quarter 2014, which ended on Nov. 24, the club retailer said Thursday.

The company reported sales of $24.47 billion during the quarter, compared with $23.2 billion in first quarter 2013. For the month of November, sales were $8.78 billion, a 5% increase over the $8.4 billion reported in November 2012.

December 5, 2013

The Environmental Protection Agency has recognized Target for its efforts to reduce its carbon emissions, the agency said.

NEW YORK — The Environmental Protection Agency has recognized Target for its efforts to reduce its carbon emissions, the agency said.

According to the EPA, Target's technology center engineering team singlehandedly reduced the company's carbon emissions by 18,000 tons since 2006 and is committed to having 75% of Target buildings certified by the agency's Energy Star program by 2016.

December 5, 2013

Kroger on Thursday reported that same-store supermarket sales growth, without fuel, was 3.5% in the third quarter, marking the 40th consecutive quarter of same-store sales growth.

CINCINNATI — Kroger on Thursday reported that same-store supermarket sales growth, without fuel, was 3.5% in the third quarter, marking the 40th consecutive quarter of same-store sales growth. It's a feat that Kroger achieved despite the slow economic recovery. "The resiliency of our Customer First strategy … was on full display during the quarter, even as our internal research shows that customers remain uncertain about the economy," Dave Dillon, Kroger chairman and CEO, told analysts Thursday morning. 

December 5, 2013

Meijer will donate up to $10,000 to benefit three diaper banks in the Midwest, the mass merchandise retailer said Thursday.

GRAND RAPIDS, Mich. – Meijer will donate up to $10,000 to benefit three diaper banks in the Midwest, the mass merchandise retailer said Thursday.

December 5, 2013

Rite Aid's same-store sales increased by 2.8% in November, the retail pharmacy chain said Thursday.

CAMP HILL, Pa. — Rite Aid's same-store sales increased by 2.8% in November, the retail pharmacy chain said Thursday.

The increase included a 0.4% increase in front-end same-store sales and a 3.9% increase in pharmacy same-store sales, offset by 0.81% due to new generic drugs, which can reduce sales because of their lower price, but are good for a pharmacy retailer's margins. Same-store scripts increased by 0.1%.

Total sales for November were $2.434 billion, a 1.6% increase compared with the same period last year.

December 4, 2013

Sears Holdings chairman and CEO Eddie Lampert has pared down his stake in the retailing company, according to a regulatory filing Tuesday.

NEW YORK — Sears Holdings chairman and CEO Eddie Lampert has pared down his stake in the retailing company, according to a regulatory filing Tuesday.

A Securities and Exchange Commission filing showed that Lampert reduced his stake in Sears Holdings to 48.4%, from a 55.4% stake reported in March. That leaves him with about 51.6 million shares in the company, whose stock was valued at $50.38 per share Wednesday morning on the NASDAQ, down from its opening price of $52.62.

December 4, 2013

The Department of Homeland Security on Wednesday announced that Walgreens, Monsignor John Brown and the New York Mets have each been awarded the 2013 Rick Rescorla National Award for Resilience, recognizing their contributions to their communities in the aftermath of Hurricane Sandy.

WASHINGTON — The Department of Homeland Security on Wednesday announced that Walgreens, Monsignor John Brown and the New York Mets have each been awarded the 2013 Rick Rescorla National Award for Resilience, recognizing their contributions to their communities in the aftermath of Hurricane Sandy.

December 4, 2013

Walgreens on Wednesday reported November sales of $6.1 billion, an increase of 4.1% for the same month in fiscal 2013.

DEERFIELD, Ill. — Walgreens on Wednesday reported November sales of $6.1 billion, an increase of 4.1% for the same month in fiscal 2013.

Total front-end sales increased 3.2%, while comparable store front-end sales increased 1.9%. Customer traffic in comparable stores increased 0.8% and basket size increased 1.1%.

The company said that a meaningful increase versus prior quarters in promotional investment contributed to the improvement in traffic and comparable store front-end sales for November and throughout the quarter.

December 3, 2013

Paula Price is stepping down as Ahold USA's EVP and CFO, the supermarket operator said Tuesday.

CARLISLE, Pa. – Paula Price is stepping down as Ahold USA's EVP and CFO, the supermarket operator said Tuesday.

December 3, 2013

The CVS Caremark Charitable Trust, a private foundation created by CVS Caremark, on Tuesday announced the 25 organizations that will receive $1,000 in grants as a part of CVS Caremark's #GivingTuesday initiative, which invited CVS Caremark colleagues to nominate an organization in their community to receive a grant from the CVS Caremark Charitable Trust.

WOONSOCKET, R.I. — The CVS Caremark Charitable Trust, a private foundation created by CVS Caremark, on Tuesday announced the 25 organizations that will receive $1,000 in grants as a part of CVS Caremark's #GivingTuesday initiative, which invited CVS Caremark colleagues to nominate an organization in their community to receive a grant from the CVS Caremark Charitable Trust.

December 3, 2013

Rite Aid has appointed healthcare executive Myrtle Potter to its board of directors, the retail pharmacy chain said Tuesday.

CAMP HILL, Pa. — Rite Aid has appointed healthcare executive Myrtle Potter to its board of directors, the retail pharmacy chain said Tuesday.

Potter is currently CEO of Myrtle Potter & Co., a Silicon Valley-based consulting firm focused on life sciences and health care, as well as the head of consumer healthcare content company Myrtle Potter Media. She previous served as president of commercial operations and COO at Genentech and has worked at companies like Bristol-Myers Squibb and Merck.

December 3, 2013

Rite Aid is offering a $5 discount on flu shots as a way to encourage more people to protect themselves, the retail pharmacy chain said.

CAMP HILL, Pa. — Rite Aid is offering a $5 discount on flu shots as a way to encourage more people to protect themselves, the retail pharmacy chain said.

Rite Aid said that in recognition of National Influenza Vaccination Week, which runs between Dec. 8 and Dec. 14, it would offer flu shots at its stores for $24.99. NIVW started in 2005 as a national campaign by the Centers for Disease Control and Prevention, which recommends annual flu shots for everyone aged 6 months and older.

December 3, 2013

The economy may still be slowly inching its way toward recovery, but that hasn't stopped Americans from feeling charitable this holiday season.

RICHMOND, Va. — The economy may still be slowly inching its way toward recovery, but that hasn't stopped Americans from feeling charitable this holiday season.

A survey revealed that 2-in-3 people say they're planning on giving back during the final weeks of the year, either through financial contributions or volunteering. The findings also showed that 72% of consumers are more likely to shop where retailers also are giving back. Sixty-nine percent said knowing a business gives back impacts their purchase decision.

December 2, 2013

Consumers show unique online shopping patterns on Cyber Monday according to figures released by integrated online marketing company ValueClick.

WESTLAKE VILLAGE, Calif. – Consumers show unique online shopping patterns on Cyber Monday. According to figures released by integrated online marketing company ValueClick, while most online shopping activity occurs between 1 p.m. to 3 p.m. local time on a typical weekday, the heaviest volume shifts to 6:30 p.m. to 10 p.m. local time on Cyber Monday, peaking at 8 p.m.

December 2, 2013

Family Dollar Stores last week announced that Jeffrey Macak, EVP supply chain, has resigned from the company for personal reasons, effective Nov. 27.

MATTHEWS, N.C. — Family Dollar Stores last week announced that Jeffrey Macak, EVP supply chain, has resigned from the company for personal reasons, effective Nov. 27. 

The dollar store operator intends to conduct a search for Macak’s replacement.

Macak had been named to the post in September. He had come from Bed Bath & Beyond, where he served as VP global supply chain for 13 years. 

 

 

December 2, 2013

Rite Aid has promoted Karen Staniforth, VP pharmacy for the chain's mid-Atlantic division, to group VP pharmacy initiatives and clinical services, the company said Monday.

CAMP HILL, Pa. – Rite Aid has promoted Karen Staniforth, VP pharmacy for the chain's mid-Atlantic division, to group VP pharmacy initiatives and clinical services, the company said Monday.

December 2, 2013

Safeway on Monday announced it has reached a definitive agreement to sell 11 of its Dominick's stores in the Chicago metropolitan area in a cash and lease assumption transaction to Roundy's.

PLEASANTON, Calif. — Safeway on Monday announced it has reached a definitive agreement to sell 11 of its Dominick's stores in the Chicago metropolitan area in a cash and lease assumption transaction to Roundy's. Roundy's will take possession of the stores during a transition period that will take place over the next two months.

The transaction is subject to customary closing conditions. 

November 26, 2013

Giant Food Stores of Carlisle, Pa., is launching its pickup service at five stores in Pennsylvania's Montgomery and Bucks counties, the Ahold USA-owned supermarket banner said.

CARLISLE, Pa. — Giant Food Stores of Carlisle, Pa., is launching its pickup service at five stores in Pennsylvania's Montgomery and Bucks counties, the Ahold USA-owned supermarket banner said.

The pickup program is offered under a partnership with online retailer and sister company Peapod at stores in the towns of Bensalem, Hatfield, Plymouth Meeting, Royersford and Warminster.

November 26, 2013

Kmart and Sears are offering free, two-day shipping to some members of the Shop Your Way program, parent company Sears Holdings said.

HOFFMAN ESTATES, Ill. — Kmart and Sears are offering free, two-day shipping to some members of the Shop Your Way program, parent company Sears Holdings said.

The retailer is offering free, 90-day memberships in Shop Your Way Max for Black Friday, allowing members to take advantage of free two-day shipping on items sold at Sears.com, Kmart.com and ShopYourWay.com.

November 26, 2013

Canada's Thanksgiving happened last month, and its major day of frenzied holiday shopping traditionally happens on Boxing Day, the day after Christmas, but Black Friday shopping has been making waves up there in recent years as well.

MISSISSAUGA, Ontario — Canada's Thanksgiving happened last month, and its major day of frenzied holiday shopping traditionally happens on Boxing Day, the day after Christmas, but Black Friday shopping has been making waves up there in recent years as well.

Target said it would be "pulling out all the stops" to offer customers at its Canadian stores deals for the holiday, opening stores at 7 a.m. and closing at 11 p.m., offering discounts on products like high-definition televisions, digital cameras, clothing and accessories, toys and kitchen appliances.

November 26, 2013

Walmart and the Salvation Army on Tuesday announced the second annual "Fill the Truck" toy drive, which will help bring toys to thousands of children.

BENTONVILLE, Ark. — Walmart and the Salvation Army on Tuesday announced the second annual "Fill the Truck" toy drive, which will help bring toys to thousands of children. The toy drive begins Nov. 29 through Dec. 15 on select weekends in 1,600 stores across the country.

November 25, 2013

Walmart International president and CEO Doug McMillon was given the nod over Walmart U.S. president and CEO Bill Simon to succeed Mike Duke as president of Wal-Mart Stores, Inc., the company announced Monday morning.

Walmart International president and CEO Doug McMillon was given the nod over Walmart U.S. president and CEO Bill Simon to succeed Mike Duke as president of Wal-Mart Stores, Inc., the company announced Monday morning. 

November 25, 2013

A pharmacy school in Texas has been named CVS Caremark Partner of the Year, according to published reports.

NEW YORK — A pharmacy school in Texas has been named CVS Caremark Partner of the Year, according to published reports.

The award, which includes a $50,000 check, goes to the Texas Tech University Health Sciences Center's School of Pharmacy, the Amarillo, Texas Globe-News reported.

The award is based on a partnership between the school and CVS that goes back more than 15 years, and the company employs more than 60 graduates from the school across Texas. 

November 25, 2013

Many of Rite Aid's stores will open from 8 a.m. to 5 p.m. on Thanksgiving, the retail pharmacy chain said Monday.

CAMP HILL, Pa. — Many of Rite Aid's stores will open from 8 a.m. to 5 p.m. on Thanksgiving, the retail pharmacy chain said Monday.

Rite Aid, which operates about 4,600 stores, said the move was designed to give shoppers a head start on Black Friday shopping, citing National Retail Federation figures indicating that up to 140 million shoppers will visit retailers nationwide during the weekend. Still, store hours will vary, and many pharmacies will close at 3 p.m., the company said.