Skip to content

Retail News

Walmart reins in new store openings

Walmart reins in new store openings

Walmart’s capital spending plan for next year calls for fewer new brick-and-mortar stores, and an accelerated e-commerce push. The announcement of the retailer’s spending priorities came during Walmart’s annual meeting with the investment community.

Target shows off flexible format store

Target shows off flexible format store

Target Corp. has brought its flexible format to Manhattan, opening a two-story, 45,000-square-foot store to serve Millennials and other city dwellers in the trendy neighborhood of Tribeca. The store is one of four flexible format stores that Target opened on Wednesday.

Fred’s sees sales decline in September

Fred’s sees sales decline in September

Impacted by pricing pressure and pharmacy industry trends, Fred’s Inc. reported decreased revenue and same-store sales for September. The discount retail and pharmacy chain said Thursday that for the five weeks ended Oct. 1, sales totaled $199.9 million, down 5.5% from $211.4 million a year earlier.

London Drugs launches its first loyalty program

London Drugs launches its first loyalty program

London Drugs has delved into the customer rewards arena with the launch of its first-ever loyalty program. Called LDExtras, the rewards program comes after a successful 15-month pilot on Vancouver Island, the western Canada drug chain said Wednesday.

Jean Coutu gets front-end sales lift in 2Q

Jean Coutu gets front-end sales lift in 2Q

A rise in front-end sales hoisted revenue at Jean Coutu Group’s retail store network for the fiscal 2017 second quarter. The Canadian drug store operator also saw corporate sales climb in the quarter and topped financial analysts’ consensus forecast for adjusted earnings per share.

New chief named at Ahold USA

New chief named at Ahold USA

James McCann, a member of the management board at Ahold Delhaize, has resigned as chief operating officer at Ahold USA. Ahold Delhaize said Wednesday that McCann stepped down as Ahold USA COO to move out of full-time executive work and into a portfolio of nonexecutive and advisory roles.

Express Scripts replaces CVS with Walgreens for TRICARE

Express Scripts replaces CVS with Walgreens for TRICARE

Express Scripts Inc. is changing out CVS Pharmacy for Walgreens in its retail pharmacy network for TRICARE, the U.S. military’s health care and drug benefits program. Plans call for Walgreens pharmacies to join the Express Scripts network for TRICARE on Dec. 1.

Rite Aid gets out the vote for pharmacy staff

Rite Aid gets out the vote for pharmacy staff

In recognition of American Pharmacists Month during October, Rite Aid Corp. has kicked off its 13th annual Vote for Your Favorite Pharmacy Team Member contest. The drug chain said Monday that through Oct.

Publix pharmacies serve up strep, flu tests

Publix pharmacies serve up strep, flu tests

Publix Super Markets Inc. is providing strep throat and flu testing and treatment at its pharmacies in Florida. Publix said Monday that it’s offering the services for customers ages 13 and older. Its pharmacists can evaluate patients, perform a diagnostic test and dispense treatment in one visit.