Skip to content

Retail News

Amazon backs out of NYC campus deal

Amazon backs out of NYC campus deal

According to published reports, Amazon reported on Thursday that it was canceling plans to build a corporate campus in New York City. The company had planned to build a huge complex in Long Island City, Queens, in exchange for nearly $3 billion in state and city incentives. But the deal had run

Alipay now available at Walgreens locations nationwide

Alipay now available at Walgreens locations nationwide

NEW YORK – Alipay, the world’s leading digital payment platform, operated by Ant Financial Services Group, and Walgreens, Wednesday announced a collaboration that will bring Alipay’s mobile payment platform to thousands of Walgreens locations throughout the U.S.

GMDC launches Selfcare Summit

GMDC launches Selfcare Summit

Leading retail industry trade association Global Market Development Center (GMDC) has announced it is launching a new business development and educational event focused on the consumerization of health care and its impact on the future of retail: the Selfcare Summit.

IRI appoints Baljit Dail as president of IRI Global

IRI appoints Baljit Dail as president of IRI Global

IRI Wednesday announced the appointment of Baljit “Bal” Dail as president of IRI Global, effective April 1. In this role, Dail will lead and support IRI’s go to market commercial efforts in the U.S. and internationally. He will also join the IRI board of directors.

Lewis Drug acquires six Shopko pharmacies

Lewis Drug acquires six Shopko pharmacies

Lewis Drug announced that the chain has purchased pharmacy assets, including prescription files and records, from Shopko Stores in the following six communities: Madison, Mitchell and Sisseton, S.D.; Luverne and St. James, Minn. and Ida Grove, Iowa.

Sweet deals and Valentine’s Day gifts available at Rite Aid

Sweet deals and Valentine’s Day gifts available at Rite Aid

With Valentine’s Day right around the corner, Rite Aid is offering deals on a broad selection of gifts for Valentines of all ages. From sweet treats and the perfect card to alluring fragrances and the cutest plush animals, Rite Aid said it has all last-minute shoppers covered this Valentine’s Day.

Cardinal Health reports second quarter results

Cardinal Health reports second quarter results

Cardinal Health reported on Thursday second quarter fiscal year 2019 revenues of $37.7 billion, an increase of 7%. The company also reported growth in GAAP operating earnings of 26% to $504 million and a decrease in non-GAAP operating earnings of 13 percent to $637 million.