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Inside This Issue - News
Consumers will shop online increasingly this holiday season, according to industry experts. But brick-and-mortar retailers can capitalize on the trend with such technologies as mobile apps and website enhancements. Private investors have committed $490 million in debt and equity financing for A&P, enabling the grocer to emerge from Chapter 11 as a private entity in early 2012. Walmart will continue to roll out medium- and small-format stores next year, while keeping Supercenters as its primary growth vehicle. CVS Caremark Corp. has promoted a retail pharmacy executive and expanded the responsibilities of two others. Seventy state and national trade associations and more than 60 companies have sent a letter to the so-called Super Committee, urging that it clear the way for states to begin collecting state sales tax on Internet and catalogue sales. Walgreen Co. has restructured its merchandising division, giving three general merchandise managers additional oversight. First lady Michelle Obama toured a Walgreens store on Chicago’s South Side late last month as part of her ongoing effort to shed light on childhood obesity.
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