NEW YORK — Encouraged recently by improved monthly sales results, retailers are looking forward to a year of growth in 2010. Encouraged recently by improved monthly sales results, retailers are looking forward to a year of growth in 2010. By most accounts, retail sales will see a modest gain, on an annual basis. Yet any
CAMP HILL, Pa. — Rite Aid Corp. has begun offering its customers across the country a rewards program that gives them access to free health and wellness benefits, as well as shopping discounts and special prices. Rite Aid Corp. has begun offering its customers across the country a rewards program that gives them access to
MINNEAPOLIS — Target Corp. has stopped issuing Visa credit cards to its shoppers and is now offering new cardholders access to the company’s proprietary credit card. Target Corp. has stopped issuing Visa credit cards to its shoppers and is now offering new cardholders access to the company’s proprietary credit card. Shoppers who already have a
LONDON — Walmart’s Asda chain has outlined a number of ambitious growth plans taking advantage of new opportunities and leveraging its global scale. Walmart’s Asda chain has outlined a number of ambitious growth plans taking advantage of new opportunities and leveraging its global scale. The United Kingdom chain aspires to be the nonfood market leader
PALM BEACH, Fla. — Charles Burnett, senior vice president of pharmacy at Costco Wholesale Corp., has received the Sheldon W. Fantle Lifetime Achievement Award from the National Association of Chain Drug Stores. Charles Burnett, senior vice president of pharmacy at Costco Wholesale Corp., has received the Sheldon W. Fantle Lifetime Achievement Award from the National
NEW YORK — The recession has had a major impact on the general merchandise department, as many consumers have limited purchases of discretionary items and even some consumable items. The recession has had a major impact on the general merchandise department, as many consumers have limited purchases of discretionary items and even some consumable items.
The 2010 Annual Meeting of the National Association of Chain Drug Stores is history. The 2010 Annual Meeting of the National Association of Chain Drug Stores is history. Among the events that highlighted the meeting were these: • The generally upbeat tone that characterized the three-day conference and punctuated the various business meetings between retailers
It’s time for big cities to overcome their fear of Walmart. It’s time for big cities to overcome their fear of Walmart. The problem surfaced again recently as the world’s largest retailer worked to counter opposition to plans for its second location in Chicago and a spate of news reports appeared about the company’s search
NEW YORK — While some economists have declared the recession over, discount retailers that have benefited from the downturn are wagering that consumers will continue to make price their highest priority for this year. While some economists have declared the recession over, discount retailers that have benefited from the downturn are wagering that consumers will
CHICAGO — Walmart and Target Corp. are becoming increasingly similar as the former improves its merchandising prowess and the latter sharpens its pricing, a new report contends. Walmart and Target Corp. are becoming increasingly similar as the former improves its merchandising prowess and the latter sharpens its pricing, a new report contends. “Of course, Target
TORONTO — Just days after the Ontario health minister unveiled plans to halve the reimbursement rate for prescriptions filled with generic drugs, the two largest chains in the province altered their operations to deal with the expected loss in revenue. Just days after the Ontario health minister unveiled plans to halve the reimbursement rate for