Retail News

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DSNTV tours RAD's new look

Don’t think of it as a set prototype — it’s an evolution. That’s what Rite Aid executives have always maintained, since first launching its Wellness store format in 2010. If you want to see where the evolution has taken the chain, and how the very latest thinking is reflected in the current format, watch Rite Aid president and COO Ken Martindale walk DSN through the company’s newly remodeled Wellness store in Beverly Hills, Calif., on North Canon Road.

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Retailers express cautious optimism regarding holiday sales

Nearly one-quarter (24%) of retailers expect a significant increase (5% or more) in year-over-year sales during the 2014 holiday season, while another 70% are predicting sales will be on par with the 2013 season, according to a survey by global management consultancy Hay Group.