Content about Economy of the United States

January 17, 2011
Sears Holdings unveils year-end outlook

Sears Holdings released its year-end outlook for the fiscal year 2010 ending Jan. 29.

January 14, 2011
GeoGirl caters to Gen Z beauty mavens

Walmart is looking to target little beauty mavens in their tweens with the launch of a new beauty brand dubbed GeoGirl, according to published reports.

January 14, 2011
Walgreens plays game right with expanded front-end initiatives

Walgreens has talked plenty about its Customer Centric Retailing initiative since the overhaul of its store merchandising and marketing strategy kicked off two years ago. But the rejuvenation of Walgreens’ sprawling, coast-to-coast store network is just the tip of the CCR iceberg, company leaders said.

January 13, 2011
Food Lion family, Bottom Dollar Food announce results of Hunger Has a Cure campaign

Food Lion family of stores and Bottom Dollar Food donated a record 1.5 million lbs. of food to local food banks.

January 13, 2011
Walmart's Big Apple plans on website

Start spreading the news: Walmart wants to be a part of it — New York, N.Y. Though the retailer's desire to enter the city is nothing new, its latest push shows that attitudes toward the retailer opening stores in New York City are changing — in Walmart's favor.

January 12, 2011
Acute visits climb as MinuteClinic preps for rapid growth phase

CVS Caremark's retail-based clinic operator, MinuteClinic, is experiencing exponential gains in utilization and posted a 22% increase in acute visits during the past year, Larry Merlo, CVS Caremark president and COO, told investors Wednesday during the J.P. Morgan Healthcare Conference.

January 12, 2011
Walgreens’ mission: To be nation’s top source for ‘health and daily living needs,’ leaders say

Bolstered by a strong recent uptrend in sales and earnings and by clear signs that its massive realignment is beginning to bear real fruit, Walgreens’ top executives delivered an upbeat assessment of the company’s progress and its potential as a multichannel retail and healthcare powerhouse at the company’s annual shareholders’ meeting Wednesday.

January 11, 2011
Kmart up, Sears down in December

A 2.3% same-store sales gain at Kmart was not enough to offset a 6% decline at Sears, resulting in an overall 1.7% decline for the combined companies' domestic operations during the five-week December reporting period ended Jan. 1.

January 11, 2011
Supervalu looks to Save-A-Lot banner for growth

There were three takeaways to come out of Supervalu’s third-quarter analyst call Tuesday morning: The deep discount banner Save-A-Lot will be the most significant catalyst for growth going forward; Supervalu aggressively is addressing pricing issues that have had consumers who are more accustomed to the “hi” in the grocer’s "hi-lo" pricing strategy shopping elsewhere; and while traditional Supervalu banners Acme, Shaw’s and even Jewel-Osco do not have a “For Sale” sign on their respective front lawns, at least not yet, they can be had for the right price.

January 6, 2011
Shaw's to close five stores

Shaw’s Supermarkets, a Supervalu banner, on Wednesday announced five store closures in the coming week — three in Massachusetts and two in Rhode Island — according to published reports.

January 5, 2011
Anticipating customer needs makes USA a force in Goliath’s backyard

PINE BLUFF, Ark. — USA Drug grew up in Arkansas, home turf of Walmart. But to characterize the 140-unit drug store operator as David to Walmart’s Goliath doesn’t do justice to this feisty retail innovator, which wields plenty of clout across the nation’s midsection, under a variety of store banners.


January 5, 2011
Coming off strong Q1, Walgreens' Dec. sales grow

Shortly after announcing a record-setting first quarter last month, Walgreens reported on Wednesday that its December sales rose 7.5% to $6.8 billion.

January 5, 2011
CVS boosts ExtraCare program with Beauty Club

As announced at CVS Caremark's 2010 analyst meeting in October and reported by Drug Store News, the company's retail division is extending its successful ExtraCare loyalty program by officially launching the new ExtraCare Beauty Club, the first-ever beauty club program for the retail pharmacy industry.

January 5, 2011
Life after Kinray

WHITESTONE, N.Y. — Call him “Stewie Rah Rah.” He doesn’t mind. Stewart Rahr, the man in the bright yellow sunglasses who led Kinray to become the nation’s top independently owned pharmaceutical wholesaler, soon will have more time for his other interests.

January 5, 2011
ReportersNotebook — General Merchandise, 1/10/11

Supplier News — Pampers is looking to provide new resources and support for Latina moms and their babies through its latest initiative. The company announced the creation of the Madrinas Network, which will offer moms the opportunity to opt-in to receive tips and information on their baby’s development through a mobile messaging platform, and to join the Pampers Madrinas network at 
Facebook.com/PampersLatino.



January 5, 2011
Supplier survey: Working with Walmart

ROGERS, Ark. — If the eyes are the window to the soul, then Walmart’s suppliers are the window to its future, thanks to the truly unique relationship the retailer enjoys with its trading partners. Walmart brought new meaning to the concept of collaboration when it pursued a strategy of data transparency decades ago that enabled fact-based decision-making. Suppliers embraced what, at the time, was a novel approach in the retail industry, and their support over the years facilitated Walmart’s expansion, sales growth for all concerned and low prices for consumers.


January 5, 2011
Travel clinics, immunizations take flight at Bartell Drugs

SEATTLE — You can say Bartell is getting into the travel business.


Bartell, which had an estimated $353.4 million in sales in 2009, began operating travel clinics eight years ago and now has them at 10 of its 59 stores. They were the brainchild of pharmacists Jolene Kalmbach and Sharon Woodward, who got the idea after noticing that patients’ doctors often lacked necessary expertise in travel medicine and that commercial travel clinics were overbooked.

January 4, 2011
Kodak's new Pulse digital frame gets social

Kodak's popular wireless frame with its own e-mail address is keeping up with the times.

January 4, 2011
Merriwether to lead retail services for Sears, Kmart

Sears Holdings' SVP procurement and finance has been promoted.

January 4, 2011
Publix to debut private-label cheese line

Publix is rolling out imported and domestic private-label specialty cheeses in its deli department.

January 4, 2011
Report: Kroger to spruce up Houston market

It seems that Kroger is looking to upgrade some of its stores in the Houston area, according to published reports.

January 4, 2011
Rite Aid beats analysts' estimates; positive comps across the board

Rite Aid brought the New Year in with a bang, recording monthly same-store sales increases across both the front end and back bench for the first time in almost two years.

January 3, 2011
Dollar General drives job growth

Building on its plans to open 625 new stores in fiscal 2011, Dollar General on Monday resolved to create 6,000 new jobs.

January 3, 2011
Drug stores expected to close out 2010 on strong note

Credit Suisse analysts on Monday projected strong front-end sales and improved pharmacy comparisons for December.

December 28, 2010
Sears/Kmart to add new online movie download service

Sears has partnered with Sonic Solutions to bring an online movie download service to Sears and Kmart customers.

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