Retail News

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Walgreens to open 'Community' pharmacy in Michigan

GRAND RAPIDS, Mich. -- Walgreens is opening a new store in Grand Rapids, Mich., but it won't look like any other Walgreens.

The new store at 555 Michigan Street NE will be a smaller, speciality pharmacy that offers only specialty prescription drugs in a 2,000 square-foot space, according to mlive.com. The store is scheduled to open by the end of August.

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Ahold, Delhaize complete merger

The combined company began trading Monday as Ahold Delhaize on Euronext Amsterdam and Euronext Brussels, with Ahold Delhaize American Depositary receipts trading over-the-counter in the United States.

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Report: CVS Health testing Google Nearby beacon

Google recently announced it is allowing businesses to send smartphone alerts to consumers via Google Play through a program called Nearby, Internet Retailer reported Tuesday. "CVS is one of the first businesses testing Nearby," the report stated. "CVS is using the Nearby program to let shoppers know they can send photos to the retailer for in-store printing via the CVS smartphone app," Internet Retailer concluded, citing Google. CVS declined to comment, according to the report. (Internet Retailer)

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NRF: back-to-school spending to reach $75.8 billion

With back-to-school spending on a “stock up” cycle rather than a “make do” cycle, total spending for K-12 and college school supplies is expected to reach $75.8 billion, up from last year’s $68 billion, according to the National Retail Federation’s annual survey conducted by Prosper Insights and Analytics.