Retail News

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Lewis hones broad product strategy

Lewis Drug’s two-pronged retailing approach encompasses both large-scale stores serving a broad range of needs in its more urban and suburban locations, and a network of much smaller and more traditionally merchandised drug stores serving smaller towns and rural areas.

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Target bounces back in Q2

Sales rose 1.6% to $16.43 billion in the quarter ended July 29, beating analysts' estimates of $16.30 billion. Same-store sales rose 1.3%, also more than analysts had expected. Comparable digital sales surged 32%.