Content about retail

October 18, 2011

Shoplifting, employee or supplier fraud, organized retail crime and administrative errors cost the retail industry $41.7 billion in the United States in 2011, representing 1.6% in sales, according to the Global Retail Theft Barometer released Tuesday by Checkpoint Systems.

PHILADELPHIA — Shoplifting, employee or supplier fraud, organized retail crime and administrative errors cost the retail industry $41.7 billion in the United States in 2011, representing 1.6% in sales, according to the Global Retail Theft Barometer released Tuesday by Checkpoint Systems. Of that, $18.4 billion was attributed to employee theft, $14.9 billion to shoplifters, $6.6 billion to internal error and $1.8 billion to suppliers.

October 17, 2011

Helen of Troy’s Bed Head has introduced its new purse-friendly Groupie Collection, which offers a mini-sized dryer, curling iron, two straighteners and crimpers.

EL PASO, Texas — Helen of Troy’s Bed Head has introduced its new purse-friendly Groupie Collection, which offers a mini-sized dryer, curling iron, two straighteners and crimpers.

October 17, 2011

County and state fairs across the country draw millions of visitors every year, but many fairgoers forget to bring along things like sunscreen, headache relievers and antacids.

RALEIGH, N.C. — County and state fairs across the country draw millions of visitors every year, but many fairgoers forget to bring along things like sunscreen, headache relievers and antacids.

In response, Kerr Drug is sponsoring a "general store" at the North Carolina State Fair, the regional retail pharmacy chain said. In addition to the aforementioned items, it also will act as the exclusive provider of flu shots at the fair, and Kerr Drug pharmacists will be on hand to provide flu shots to individuals ages 14 and older.

October 14, 2011

Global private equity firm Advent International has announced that Tom Ryan, former chairman and CEO of CVS Caremark, has joined the firm’s Operating Partner Program. In this role, Ryan will advise and work closely with Advent’s investment professionals to identify opportunities and generate post-investment value at retail and healthcare companies globally.

BOSTON — Global private equity firm Advent International has announced that Tom Ryan, former chairman and CEO of CVS Caremark, has joined the firm’s Operating Partner Program. In this role, Ryan will advise and work closely with Advent’s investment professionals to identify opportunities and generate post-investment value at retail and healthcare companies globally.

October 14, 2011

Rite Aid's customer loyalty card program has received recognition from a trade organization that focuses on marketing practices that use technology, Rite Aid said Friday.

CAMP HILL, Pa. — Rite Aid's customer loyalty card program has received recognition from a trade organization that focuses on marketing practices that use technology, Rite Aid said Friday.

The retail pharmacy chain announced that it received the 2011 LEADER Award in the loyalty category from the Shopper Technology Institute for its Wellness+ program. The institute presents the LEADER Awards for Excellence, sponsored by IBM, at its LEAD Marketing Conference. The award's name is an acronym for loyalty, engagement analytics and digital applications.

October 14, 2011

U.S. retail sales in September grew at their fastest pace in six months, beating forecasts and rising 1.1%, the Commerce Department reported Friday.

NEW YORK — U.S. retail sales in September grew at their fastest pace in six months, beating forecasts and rising 1.1%, the Commerce Department reported Friday. Excluding the auto sector, sales rose 0.6%, also better than expected. The increase gave retailers renewed hope for the upcoming holiday season.

The Commerce Department also reported that sales for August, which originally were reported as unchanged, were revised up to a 0.3% increase.

October 14, 2011

There are two crucial points to come out of the Walgreens Flu Impact Report. First is that Walgreens even has a Flu Impact Report. That's reflective of just how fast retail pharmacy is becoming the place to go for a convenient-and-affordable influenza inoculation. Second is the correlation between flu season and holiday travel that includes Thanksgiving and the December season of gift-giving events. Because it doesn't matter where over the hill toward grandmother's house you go, there will be a Walgreens within 3 miles of where you'll be, so your flu shot is covered.

WHAT IT MEANS AND WHY IT'S IMPORTANT — There are two crucial points to come out of the Walgreens Flu Impact Report. First is that Walgreens even has a Flu Impact Report. That's reflective of just how fast retail pharmacy is becoming the place to go for a convenient-and-affordable influenza inoculation. Second is the correlation between flu season and holiday travel that includes Thanksgiving and the December season of gift-giving events.

October 13, 2011

Online marketing campaigns contributed to an in-store sales lift of 21%, according to an analysis of multiple consumer packaged goods online ad campaigns that was released Tuesday by ComScore and DunnhumbyUSA.

RESTON, Va. — Online marketing campaigns contributed to an in-store sales lift of 21%, according to an analysis of multiple consumer packaged goods online ad campaigns that was released Tuesday by ComScore and DunnhumbyUSA.

According to the report, 5-of-every-6 online campaigns generated a positive sales lift among exposed households. Approximately 70% of campaigns generated a double-digit sales lift, and more than 40% generated lifts of at least 30%.

October 13, 2011

This Christmas, you can watch “’Twas the Night Before Christmas” on Blu-ray. For the first time, the classic animated TV holiday special by has been released on Blu-ray, joining other Warner Home Video holiday titles, including “A Charlie Brown Christmas,” “It’s the Great Pumpkin, Charlie Brown,” “A Charlie Brown Thanksgiving” and “The Year Without a Santa Claus,” all with bonus features.

This Christmas, you can watch “’Twas the Night Before Christmas” on Blu-ray. For the first time, the classic animated TV holiday special by has been released on Blu-ray, joining other Warner Home Video holiday titles, including “A Charlie Brown Christmas,” “It’s the Great Pumpkin, Charlie Brown,” “A Charlie Brown Thanksgiving” and “The Year Without a Santa Claus,” all with bonus features.

October 12, 2011

The Network of Executive Women has elected five new members at large to its board of directors.

CHICAGO — The Network of Executive Women has elected five new members at large to its board of directors.

New board members are Mike Byron, president of supplier diversity for Supervalu; Sarah Chartrand, SVP diversity, talent management and organizational development for Ahold USA; Marnette Perry, SVP Kroger; Suzanne Sears, VP global market development at Kimberly-Clark; and Karen Stuckey, SVP merchandising and general merchandise manager of the home division for Walmart Stores.

October 11, 2011

The problem with shoplifting these days isn’t Little Johnny pocketing a pack of bubblegum, Joe LaRocca, senior asset protection adviser for the National Retail Federation, recently told CNBC’s “Squawk on the Street” during a broadcast interview.

The problem with shoplifting these days isn’t Little Johnny pocketing a pack of bubblegum, Joe LaRocca, senior asset protection adviser for the National Retail Federation, recently told CNBC’s “Squawk on the Street” during a broadcast interview. No, it’s a lot of Little Johnnies who are systematically swiping the entire gum display that’s becoming the problem. 


October 11, 2011

As of Oct. 1, Mark Cosby officially stepped into the role of president of CVS/pharmacy. Cosby’s new stint at 1 CVS Dr. is a far cry from his prior role as president of Macy’s stores. But Cosby’s reputation as an innovator is bound to tie in nicely with the 
Woonsocket, R.I.-based trailblazer.


As of Oct. 1, Mark Cosby officially stepped into the role of president of CVS/pharmacy. Cosby’s new stint at 1 CVS Dr. is a far cry from his prior role as president of Macy’s stores. But Cosby’s reputation as an innovator is bound to tie in nicely with the 
Woonsocket, R.I.-based trailblazer.


October 11, 2011

CVS Caremark’s annual meeting of shareholders in May was of special importance as it marked the official retirement of former chairman and CEO Tom Ryan, who left the growing company in the hands of a strong, capable new leader — Larry Merlo.


CVS Caremark’s annual meeting of shareholders in May was of special importance as it marked the official retirement of former chairman and CEO Tom Ryan, who left the growing company in the hands of a strong, capable new leader — Larry Merlo.


“I’m passing [the company over] to a great leader, one whom I respect and who knows this business. Larry will take this company to great heights,” Ryan told shareholders in May.


October 11, 2011

CVS Caremark’s MinuteClinic continues to evolve and play a greater role in the U.S. healthcare system as evidenced by its expanding footprint, broadening scope of service and growing roster of strategic affiliations.


CVS Caremark’s MinuteClinic continues to evolve and play a greater role in the U.S. healthcare system as evidenced by its expanding footprint, broadening scope of service and growing roster of strategic affiliations.


Since opening its doors in 2000, MinuteClinic has surpassed 10 million patient visits and remains on course to add about 100 clinics annually over the next five years — putting the clinic operator in an ideal position to play an important role in the U.S. healthcare system.


October 11, 2011

A CVS Caremark-sponsored study looking at in-person, electronic, telephone, fax and mail communications that counsel patients to stay on their medications found that pharmacists in a retail setting are the most influential healthcare “voices” in promoting medication adherence.


A CVS Caremark-sponsored study looking at in-person, electronic, telephone, fax and mail communications that counsel patients to stay on their medications found that pharmacists in a retail setting are the most influential healthcare “voices” in promoting medication adherence.


October 11, 2011

Frozen foods still are a popular choice. Packaged Facts projected that retail sales of frozen foods and beverages will reach $70 billion in 2015, a 25% increase over 2010 revenues.

Frozen foods still are a popular choice. Packaged Facts projected that retail sales of frozen foods and beverages will reach $70 billion in 2015, a 25% increase over 2010 revenues. Growth will be fueled by a trio of strong-performing categories that have been driving the category for some time: frozen pizza, handheld breakfast food and prepared vegetables. 


The category also has gotten a boost from microwavable frozen meals that serve as quick-and-easy — and inexpensive — lunches.

 

October 11, 2011

Maybelline New York has stepped into the lip treatment category with the creation of its new Baby Lips Repairing Lip balm with SPF 20, available at mass market retailers beginning in October.

SUPPLIER NEWS — Maybelline New York has stepped into the lip treatment category with the creation of its new Baby Lips Repairing Lip balm with SPF 20, available at mass market retailers beginning in October. Baby Lips Repairing Lip has a suggested retail price of $3.99 each and comes in six SKUs: Quenched and Peppermint (both clear) and tinted shades called Cherry Me, Pink Punch, Grape Vine and Peach Kiss.


October 11, 2011

T.G.I. Friday’s has launched new Entrées for One frozen meals, which include nine varieties.

SUPPLIER NEWS — T.G.I. Friday’s has launched new Entrées for One frozen meals, which include nine varieties: sizzling chicken fajitas, sizzling steak fajitas, grilled chicken mac and cheese, prime rib stroganoff, chicken and broccoli alfredo, loaded chicken and cheese, Cajun-style chicken alfredo, sesame orange chicken, and creamy chicken pasta carbonara. The frozen entrées carry a suggested retail price of $3.99.


October 11, 2011

The retirement of Katz Group Canada CEO Andy Giancamilli come February will mark the rise of pharmacy veteran Frank Scorpiniti, who will take the helm of the Canadian retailer.


MISSISSAUGA, Ontario — The retirement of Katz Group Canada CEO Andy Giancamilli come February will mark the rise of pharmacy veteran Frank Scorpiniti, who will take the helm of the Canadian retailer.


Scorpiniti joined Katz Group Canada in April 2011 as COO. Long regarded as one of the bright young executives in retail pharmacy, Scorpiniti now will get a chance to lead a progressive Canadian pharmacy chain, with a hot new Rexall Healthy Living concept, a national presence under Rexall and a slew of innovative programs like the employer-based Rexall Network program.


October 11, 2011

Over the years, CVS Caremark has grown from a go-getting New England-based regional player to a nearly $100 billion pharmacy healthcare giant known for its vertically integrated pharmacy-PBM model via the 2007 acquisition of Caremark, its highly successful loyalty card program and its innovative beauty concepts.


Over the years, CVS Caremark has grown from a go-getting New England-based regional player to a nearly $100 billion pharmacy healthcare giant known for its vertically integrated pharmacy-PBM model via the 2007 acquisition of Caremark, its highly successful loyalty card program and its innovative beauty concepts.


October 11, 2011

CVS Caremark may be highly focused on driving medication adherence, curbing rising healthcare costs and improving the health outcomes of its patients, but there’s no doubt that its retail segment remains a critical part of its business, as evidenced by the innovative initiatives playing out at the front end.


CVS Caremark may be highly focused on driving medication adherence, curbing rising healthcare costs and improving the health outcomes of its patients, but there’s no doubt that its retail segment remains a critical part of its business, as evidenced by the innovative initiatives playing out at the front end.


October 11, 2011

Along with major paradigm shifts in how people communicate, read and do business, the way they receive healthcare services is changing dramatically, and retail pharmacies are at the front line.


Along with major paradigm shifts in how people communicate, read and do business, the way they receive healthcare services is changing dramatically, and retail pharmacies are at the front line.


October 11, 2011

Helena Foulkes, one of the brightest, fastest-rising stars of the retail pharmacy industry for more than a decade, earlier this year assumed the newly created position of EVP and chief healthcare strategy and marketing officer.


Helena Foulkes, one of the brightest, fastest-rising stars of the retail pharmacy industry for more than a decade, earlier this year assumed the newly created position of EVP and chief healthcare strategy and marketing officer.


October 11, 2011

As part of the 2011 Chicago Ideas Week, Walgreens executive director of pharmacy and healthcare experience Nimesh Jhaveri will discuss on Tuesday the company's work toward transforming its retail stores into a destination for health and daily living.

DEERFIELD, Ill. — As part of the 2011 Chicago Ideas Week, Walgreens executive director of pharmacy and healthcare experience Nimesh Jhaveri will discuss on Tuesday the company's work toward transforming its retail stores into a destination for health and daily living.

October 10, 2011

Sue Klug, president of the Southern California division of Supervalu, was awarded the Bobbie O'Hare Award for outstanding service to the Network of Executive Women on Friday.

CHICAGO — Sue Klug, president of the Southern California division of Supervalu, was awarded the Bobbie O'Hare Award for outstanding service to the Network of Executive Women on Friday.