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Issue 10-03-2016

High holiday hopes

NEW YORK — The nation’s retailers and suppliers can take heart from early indications that the 2016 holiday shopping season will bring good cheer. Millions of Americans have already turned their attention to the holidays, according to the Holiday Consumer Pulse Poll from Rubicon Project Inc., a provider of technology to automate the buying and

Walmart sees Jet.com as E-tail accelerator

BENTONVILLE, Ark. — Wal­mart has finalized its $3.3 billion acquisition of e-tailer Jet.com, a deal that president and chief executive officer Doug McMillon said “will build on our e-commerce foundation and accelerate growth.” With the closing of the deal, which was announced in early August, Jet.com founder and chief executive officer Marc Lore becomes executive

More closures in offing for Kmart

HOFFMAN ESTATES, Ill. — Kmart is closing another 64 underperforming stores in the United States. Liquidation sales were set to start September 22, with the stores to be shuttered by mid-December, according to Business Insider, which cited sources familiar with the plans of parent Sears Holding Corp. In April, Sears eliminated 68 Kmarts and 10

Food Lion stores rebanner as Weis

SUNBURY, Pa. — Weis Markets Inc. last month announced plans to convert 38 recently acquired Food Lion stores in three Mid-Atlantic states to Weis Markets outlets. The conversions should be completed by the end of October, said Kurt Schertle, chief operating officer at Weis Markets. The move will double the number of Weis Markets in

CVS curbside goes nationwide

WOONSOCKET, R.I. — After a successful test, CVS Pharmacy has rolled out its CVS Curbside Pickup service to more than 4,000 stores nationwide. The free service enables CVS Pharmacy shoppers to buy front-end products and over-the-counter items — including health, beauty and grocery offerings — via the retailer’s mobile app or on CVS.com. The orders

Hiring push by Dollar General

GOODLETTSVILLE, Tenn. — Dollar General Corp. recently announced plans to hire 10,000 employees by mid-October to support planned store openings and fill vacancies. The company said it was planning about 600 localized hiring events through September 24 to give applicants the opportunity to meet with store operations personnel and human resources managers. The company, which

Anderson, NACDS merit praise

Anderson, NACDS merit praise

Steve Anderson, president and chief executive officer of the National Association of Chain Drug Stores, was recognized as association executive of the year last month by a group of association and business executives that annually designates one of its own to receive this recognition. So it was that, at a lunch in Washington, D.C., to

Pharmacy chains show their community sense

Pharmacy chains show their community sense

The ongoing emergence of community pharmacy as a prominent player in the nation’s health care system was illustrated by a program sponsored by the Ohio Department of Aging last month. Thirty-six retail pharmacies, including outlets operated by Discount Drug Mart, Kroger, Rite Aid and Walgreens, offered free medication reviews on National Falls Prevention Awareness Day