Content about Top Retailers

May 22, 2012

Target will open a single-level store in New Mexico, the first of its kind in the state. The store, located in Albuquerque, is scheduled to open in 2013 and will occupy 155,000 sq. ft.

MINNEAPOLIS — Target will open a single-level store in New Mexico, the first of its kind in the state. The store, located in Albuquerque, is scheduled to open in 2013 and will occupy 155,000 sq. ft.

The store will feature covered, ground-level parking, with the store elevated directly above. It will offer guests the everyday essentials and exclusive brands they have come to expect from Target. In addition, the store will include a selection of fresh produce, fresh packaged meat and pre-packaged baked goods to further enhance guests’ experience.

May 22, 2012

Walmart topped the list of retailers on the BrandZ Top 100 Most Valuable Global Brands, according to a study commissioned by WPP Group and conducted by Millward Brown Optimor.

NEW YORK — Walmart topped the list of retailers on the BrandZ Top 100 Most Valuable Global Brands, according to a study commissioned by WPP Group and conducted by Millward Brown Optimor.

The BrandZ Top 100 Most Valuable Global Brands study identifies and ranks the world's most valuable 100 brands by their dollar value, an analysis based on financial data combined with consumer measures of brand equity.

May 21, 2012

Supervalu banner Shaw's is celebrating the upcoming summer season with its Sizzlin' Summer Giveaway.

WEST BRIDGEWATER, Mass. — Supervalu banner Shaw's is celebrating the upcoming summer season with its Sizzlin' Summer Giveaway.

May 18, 2012

Safeway has launched an online and mobile shopping tool that is designed to give customers an easier way to save on groceries.

PORTLAND, Ore., and SEATTLE — Safeway has launched an online and mobile shopping tool that is designed to give customers an easier way to save on groceries.

Just for U, launched in the chain's Oregon and Washington divisions, delivers targeted savings directly to a customer's Safeway club card. Deals are offered on items a shopper most frequently buys, as well as items they might be interested in — providing savings of up to 10% to 20% more than by using a Safeway club card alone, Safeway said.

May 18, 2012

Sears Holdings reported profits of $189 million during first quarter 2012, compared with a $165 million loss in first quarter 2011, the company said.

HOFFMAN ESTATES, Ill. — Sears Holdings reported profits of $189 million during first quarter 2012, compared with a $165 million loss in first quarter 2011, the company said.

"We are pleased with the results for the first quarter and our progress toward restoring profit growth and transforming our company," president and CEO Lou D'Ambrosio said.

May 17, 2012

CVS Caremark, through its All Kids Can program, announced on Thursday a partnership with Cedars-Sinai to expand the medical center's Coach for Kids and Their Families program to provide health services to more vulnerable children in South Los Angeles who otherwise would not have access to health services, including immunizations and dental screenings.

LOS ANGELES — CVS Caremark, through its All Kids Can program, announced on Thursday a partnership with Cedars-Sinai to expand the medical center's Coach for Kids and Their Families program to provide health services to more vulnerable children in South Los Angeles who otherwise would not have access to health services, including immunizations and dental screenings.

May 17, 2012

Supervalu is bringing its Save-A-Lot banner to Atlantic City, N.J.

ST. LOUIS — Supervalu is bringing its Save-A-Lot banner to Atlantic City, N.J.

The store, which opened Thursday, will become the first full-service grocery store within a 21-mile radius of the city, the company said. The Atlantic City location is the 11th Save-A-Lot store in New Jersey.

May 17, 2012

Target has announced its plans to open new Target Clinic locations at four Target stores in northern Virginia and four Target stores in North Carolina, marking the first Target Clinics to open in these states.

MINNEAPOLIS — Target has announced its plans to open new Target Clinic locations at four Target stores in northern Virginia and four Target stores in North Carolina, marking the first Target Clinics to open in these states.

The new clinics currently are under construction and will open on July 29.

May 17, 2012

Campbell's has tapped Walgreens' social media director to lead the soup maker's digital marketing and social media efforts.

CAMDEN, N.J. — Campbell's has tapped Walgreens' social media director to lead the soup maker's digital marketing and social media efforts.

May 17, 2012

First-quarter profits at Walmart exceeded analysts’ estimates as same-store sales increased 2.6% and the company said its strategy of low prices on a broad merchandise assortment is resonating again with shoppers.

BENTONVILLE, Ark. — First-quarter profits at Walmart exceeded analysts’ estimates as same-store sales increased 2.6% and the company said its strategy of low prices on a broad merchandise assortment is resonating again with shoppers.

May 16, 2012

CVS Caremark, along with CVS Charity Classic co-hosts Brad Faxon and Billy Andrade, unveiled on Monday the field for the Charity Classic's 14th anniversary edition.

WOONSOCKET, R.I. — CVS Caremark, along with CVS Charity Classic co-hosts Brad Faxon and Billy Andrade, unveiled on Monday the field for the Charity Classic's 14th anniversary edition.

This year, the annual golf tournament is scheduled for June 17 to 19 at the Rhode Island Country Club and will benefit numerous regional charities. It once again will draw a roster of elite PGA, LPGA and Champions Tour professionals. Making her inaugural appearance this year is Yani Tseng, who has held the top spot in the LPGA for more than one year.

May 16, 2012

Walmart and Sam's Club will be among the first retailers to offer a generic version of an antiplatelet drug.

BENTONVILLE, Ark. — Walmart and Sam's Club will be among the first retailers to offer a generic version of an antiplatelet drug.

Clopidogrel, the generic version of Plavix, will be available at both banners pharmacies on May 19. The patent for the Bristol-Myers Squibb/Sanofi drug officially expires Thursday.

May 16, 2012

Sam's Club has signed a deal with Triad Retail Media to provide pet care information on its website, Triad said Wednesday.

TAMPA, Fla. — Sam's Club has signed a deal with Triad Retail Media to provide pet care information on its website, Triad said Wednesday.

May 16, 2012

First-quarter earnings at Target exceeded a profit forecast the company increased last month after a strong start to the quarter.

MINNEAPOLIS — First-quarter earnings at Target exceeded a profit forecast the company increased last month after a strong start to the quarter.

Sales increased 6.1% to $16.5 billion and same-store sales advanced 5.3%. The sales momentum, combined with rigid expense control, enabled the company to report first-quarter earnings per share of $1.04, which exceeded a guidance range that had been increased to 96 cents to $1.02 from 88 cents to 98 cents in early April, following better-than-expected same-store sales during the first two months of the quarter.

May 15, 2012

Rite Aid has closed an offering of new debt from which it plans to generate funding for a buyback of older debt, the retailer said Tuesday.

CAMP HILL, Pa. — Rite Aid has closed an offering of new debt from which it plans to generate funding for a buyback of older debt, the retailer said Tuesday.

Rite Aid announced the closing of its offering of $421 million in senior notes with a 9.25% interest rate and due in 2020. The company plans to use money from the offering to buy back 9.375% senior notes due 2015. As of Monday night, $296.3 million worth of the old notes had been put up for sale.

May 15, 2012

The president of Shoppers Food and Pharmacy will transition to a new role, parent company Supervalu announced Tuesday.

MINNEAPOLIS — The president of Shoppers Food and Pharmacy will transition to a new role, parent company Supervalu announced Tuesday.

May 15, 2012

Walgreens on Tuesday infused greater value into its Prescription Savings Club program, which now offers discounts on more than 8,000 brand-name and generic prescriptions, thanks to the inclusion of more than 700 "value-priced" generics, which retail as low as $12 for a 90-day supply.

DEERFIELD Ill. — Walgreens on Tuesday infused greater value into its Prescription Savings Club program, which now offers discounts on more than 8,000 brand-name and generic prescriptions, thanks to the inclusion of more than 700 "value-priced" generics, which retail as low as $12 for a 90-day supply.

May 14, 2012

Giant Food Stores collected nearly 3 tons of unused medications during a nationwide medication take-back day last month, the chain said.

CARLISLE, Pa. — Giant Food Stores collected nearly 3 tons of unused medications during a nationwide medication take-back day last month, the chain said.

Giant, owned by Dutch supermarket operator Ahold, said it and its Martin's Food Markets banner collected 5,843 lbs of unwanted and expired medications at 43 of its stores during the April 28 take-back event, doubling the amount collected last year.

May 14, 2012

Consumers gravitate toward traditional pharmacies for their everyday health-and-wellness needs, according to the "2012 Harris Poll EquiTrend" survey released Monday.

NEW YORK — Consumers gravitate toward traditional pharmacies for their everyday health-and-wellness needs, according to the "2012 Harris Poll EquiTrend" survey released Monday. Among retail pharmacy operations, Walgreens enjoyed the greatest brand equity among consumers based on top consumer scores in "familiarity" and "purchase consideration" categories. Overall, Walgreens' brand equity was tabulated at 69.9, CVS/pharmacy came in at 67.4 and Rite Aid 62.5.

May 14, 2012

Rite Aid category manager Paul Margeson has resigned, a company spokeswoman said.

CAMP HILL, Pa. — Rite Aid category manager Paul Margeson has resigned, a company spokeswoman said.

Rumors surfaced last week that Margeson, who managed the pain care, gastrointestinal, smoking-cessation and upper-respiratory categories for the Camp Hill, Pa.-based retail pharmacy chain, had resigned.

"We thank him for his contributions to the company," Rite Aid spokeswoman Ashley Flower told Drug Store News, adding that the company intends to fill the position.

May 14, 2012

Walgreens on Monday launched its national Retail Employees with Disabilities Initiative, an in-store training program designed to help people with disabilities gain retail and customer service skills, that works closely with community organizations and vocational rehabilitation agencies to train and develop candidates.

DEERFIELD, Ill. — Walgreens on Monday launched its national Retail Employees with Disabilities Initiative, an in-store training program designed to help people with disabilities gain retail and customer service skills, that works closely with community organizations and vocational rehabilitation agencies to train and develop candidates.

Another similar initiative at Walgreens distribution centers resulted in 10% of the workforce being made up of people with disabilities at all levels across all 20 DCs. The company hopes to see the same success with REDI.

May 11, 2012

Costco announced that its board of directors declared a quarterly cash dividend on Costco common stock and approved an increase from 24 cents to 27.5 cents per share, or from 96 cents per share to $1.10 per share on an annualized basis.

ISSAQUAH, Wash. — Costco announced that its board of directors declared a quarterly cash dividend on Costco common stock and approved an increase from 24 cents to 27.5 cents per share, or from 96 cents per share to $1.10 per share on an annualized basis.

The quarterly dividend is payable June 8 to shareholders of record at the close of business on May 25.

Costco plans to release its operating results for the third quarter, ended May 6, on May 24.

May 11, 2012

CVS/pharmacy is taking a greater step toward targeting the Hispanic market with the launch of its new Spanish-language website.

WOONSOCKET, R.I. — CVS/pharmacy is taking a greater step toward targeting the Hispanic market with the launch of its new Spanish-language website.

Like the English-language site, the Spanish version, located at http://es.cvs.com, enables shoppers to manage their prescription account, get health information, purchase products and access coupons. According to a MediaPost article, Google indicated that the new CVS Spanish website consists of 67,000 pages, most of which are product SKUs.

May 10, 2012

It was a rainy Thursday morning in Woonsocket, R.I., but that didn’t dissuade CVS Caremark stockholders from flocking to the company’s sprawling headquarters to attend its annual meeting of stockholders — an event that proved to be one filled with optimism as president and CEO Larry Merlo provided key highlights of 2011 and discussed how the company is reinventing pharmacy and capitalizing on its “integration sweet spots.”

WOONSOCKET, R.I. — It was a rainy Thursday morning in Woonsocket, R.I., but that didn’t dissuade CVS Caremark stockholders from flocking to the company’s sprawling headquarters to attend its annual meeting of stockholders — an event that proved to be one filled with optimism as president and CEO Larry Merlo provided key highlights of 2011 and discussed how the company is reinventing pharmacy and capitalizing on its “integration sweet spots.”

May 10, 2012

CVS Caremark announced on Tuesday the release of its 2011 corporate social responsibility report.

WOONSOCKET, R.I. — CVS Caremark announced on Tuesday the release of its 2011 corporate social responsibility report.