For the year, total net revenues in the Retail/LTC Segment increased 6.2% to $72 billion. Same-store sales increased 1.7% for the year, with pharmacy same-store sales up 4.5% and front-store same-store sales down 5%.
There's a new reason for shoppers to hit the hair care aisle before this Valentine's Day, and it's called BROO.
NEW YORK -- Allure magazine gathered a panel of top beauty experts to weigh in on what trends will drive beauty retail this year. Predictions include natural looking nails and skin covered in glitter, according to the magazine. (Allure)
A new study of the retail habits of Generations Y and Z shows that the different age groups differ when it comes to using computers for online purchases versus shopping at brick-and-mortar stores.
Three of the most iconic super heroes -- Batman, Superman and Wonder Woman -- are coming to bags of Jelly Belly jelly beans this spring.
As part of its annual Industry Issues Conference in December, Drug Store News hosted the Chronic Care and Retail Health Roundtable, expanding the program for the first time in its 15 year-existence beyond the diabetes management.
For all their talk about the customer, most retailers have yet to evolve to a business model that is truly customer-centric.
Southeastern Grocers officially opened the doors to its latest Winn-Dixie prototype store in the Jacksonville area, The Daily Record of Jacksonville, Fla. reported Thursday. It's the pilot store today, and represents the chain's thinking as it approaches as many as 50 remodels across its three banners this year, the paper reported. Currently Southeastern Grocers operates 752 Winn-Dixie, Bi-Lo and Harvey's supermarkets. (The Daily Record)
The idea to bring Caroline’s Cart to the Bullseye came from a Target team member with a child who has special needs who suggested the idea to Target's store operations team.
A total of 20 major companies, ranging from American Express to Verizon, have banded together to help manage employer-borne healthcare costs, The Wall Street Journal reported Thursday. "Health care is one of the things that employees need and want," noted Marc Reed, chief administrative officer of Verizon. "What we're trying to do is to make this sustainable so that kind of coverage can continue." Alas, the group may have missed an opportunity by not including a single pharmacy provider - retail pharmacy is the one industry already schooled on how to reduce health costs through better adherence and improved outcomes. (The Wall Street Journal)