Top Stories
The CVS Juggernaut - The consolidation of the chain drug industry and the size of its largest player each got a boost with the acquisition of Longs Drug Stores Corp. by CVS Caremark Corp. - Read
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Retail Sales Picture Turns Gloomy - The impact of the Federal tax rebates proved to be all too fleeting, as July retail sales decelerated suddenly after the brief resurgence of May and June. - Read
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Hopes Are High For Marketside - Wal-Mart Stores Inc. reportedly sees its Marketside concept as having the potential to grow into a chain of more than 1,000 stores producing more than $10 billion in annual sales.
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Whole Foods Suddenly Under Fire
- Whole Foods Market Inc. is facing challenges on a number of fronts.
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More Chains Embrace Rx Loyalty Plans
- Walgreen Co. and Supervalu Inc. are among the retailers offering programs that promise to save consumers money on their prescription drug purchases. -
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Hudson’s Bay Retools - Hudson’s Bay Co. (HBC) has announced the appointment of two seasoned Canadian retail executives to be the new leaders of its Zellers and The Bay divisions. -
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Era Ends at Wal-Mart - Jack Shewmaker’s departure from Wal-Mart Stores Inc.’s board of directors in June marked the close of an epoch at the company. - Read Article >
Opinion
Recalling Two of Retail’s Best - Two retailing giants died this summer. -
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Ryan Seizes the Day -When asked during a conference call with financial analysts what precipitated the acquisition of Longs Drug Stores, CVS Caremark chairman, president and chief executive officer Tom Ryan said that, when a good opportunity presents itself, it is imperative to seize the day. -
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