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GMDC to reschedule GM conference

GMDC to reschedule GM conference

COLORADO SPRINGS, Colo. — Global Market Development Center|Retail Tomorrow is postponing its General Merchandise Conference until fall. Originally scheduled for June 4 to 8 at the Omni Orlando Resort at ChampionsGate, the conference will now run concurrently with the trade assocation’s 2020 Selfcare Summit at the Atlanta Marriott Marquis. GMDC expects that travel bans and

Walgreens expands drive-thru testing

Walgreens expands drive-thru testing

DEERFIELD, Ill. — Furthering its commitment to provide greater access to COVID-19 testing and community resources, Walgreens is working to expand drive-thru testing to 15 new sites in seven states, the company said Tuesday. The states are Arizona, Florida, Illinois, Kentucky, Louisiana, Tennessee and Texas. The expansion is a next step building on Walgreens’ collaboration

CVS opens rapid COVID-19 testing sites

CVS opens rapid COVID-19 testing sites

WOONSOCKET, R.I. — CVS Health is partnering with government officials to announce the opening of rapid COVID-19 drive-through testing sites in Georgia and Rhode Island. The test sites will bolster state efforts to manage the spread of the virus and provide on-the-spot test results. CVS Health will utilize licensed health care providers from MinuteClinic, the

Save A Lot gets $350 million in new capital

Save A Lot gets $350 million in new capital

ST. LOUIS — Discount grocer Save A Lot has completed debt-for-equity and debt-for-debt exchanges that eliminated $500 million in debt and provided an infusion of $350 million in new capital, the company said on Friday. The retailer said the new capital, from a combination of new and existing lenders, will support its operations and the

WBA’s Q2 sales and earnings top projections

WBA’s Q2 sales and earnings top projections

DEERFIELD, Ill. — Walgreens Boots Alliance Inc. (WBA) posted better than expected second quarter sales and earnings Thursday. The company’s adjusted earnings per share of $1.52 topped Wall Street’s forecast of  $1.46. Sales of $35.82 billion beat the projection of $35.27 billion. The quarter ended February 29, before the number of COVID-19 cases in the U.S.

Dollar Tree saw sales gains in March

Dollar Tree saw sales gains in March

CHESAPEAKE, Va. — Dollar Tree Inc. has seen a surge in store traffic and sales as consumers stock up in response to the COVID-19 pandemic, but Easter holiday business is being hurt by the crisis. The details were part of a business update the company issued on Tuesday about impacts related to the novel coronavirus. In

Dollar General thanks COVID-19 responders

Dollar General thanks COVID-19 responders

GOODLETTSVILLE, Tenn. — Dollar General is offering 10% discounts to people who are on the front lines of the COVID-19 crisis, the company said Monday. The discount is being offered on qualifying purchases to all medical personnel, first responders and activated National Guardsmen. To receive their discounts, individuals can present their employment badge or ID

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