Issue 09-15-2014

Bold decision pays off for CVS

September 22, 2014 by MMR Issue 09-15-2014, Opinion

The decision, announced earlier this year, to stop selling tobacco products is even now reaping unimagined benefits for CVS Health, advantages that easily transcend the disappearance of some $2 billion in revenue and 10% of that amount in profits. The decision, announced earlier this year, to stop selling tobacco products is even now reaping unimagined

To succeed, chains need to stand for something

September 22, 2014 by MMR Issue 09-15-2014, Opinion

Brian Cornell, Target’s new chief executive officer, recently told the Wall Street Journal that the struggling discounter will alter its strategy, emphasizing a small group of merchandise categories in an effort to attract more customers, reverse alarming sales trends and bring excitement back to the stores. Brian Cornell, Target’s new chief executive officer, recently told