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Coupons.com expands its retailer network

BY Allison Cerra

MOUNTAIN VIEW, Calif. Coupons.com has expanded its digital coupon network to more than 38,000 retail outlets, the company said Wednesday.

The announcement comes on the heels of the company’s introduction of its digital clearing services for retailers and manufacturers for digitally-redeemed coupons, including verification, redemption, payment and settlement.

“Digital coupons represent the fastest growing category of coupons, in part due to the growing number of retailers tapping them to engage with their customers,” said Steven Boal, Coupons.com CEO. “With our new retail partners, the Coupons.com network spans over 38,000 retail outlets operated by many of the nation’s top grocery, drug and mass retailers. As our distribution network grows, we expect brands—more and more—will look to digital coupons as an increasingly important part of their promotions marketing mix.”

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Report: Walgreens to offer genetic test kits

BY Jim Frederick

DEERFIELD, Ill. Walgreens soon will begin selling genetic test kits that may help customers learn more about their risk levels for various diseases, according to a report Monday in The New York Times.

The tests, which measure genetic markers for such potential conditions as diabetes and cancer, are marketed by Pathway Genomics. The company said its test kits likely will be sold in many of Walgreens’ more than 7,500 drug stores, the Times reported.

The DNA tests are based on patients’ saliva samples, according to the report, and will be conducted by outside laboratories. Users will pay as much as $250 or more for the Pathway sample kit sold in the stores and a full set of lab analyses, according to the report.

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Winn-Dixie reports 2.3% sales decrease, but is ‘on track’

BY Michael Johnsen

JACKSONVILLE, Fla. Winn-Dixie Stores late Monday afternoon reported $1.7 billion in net sales for the 12-week period ended March 31, representing a decrease of 2.3% as compared with the year prior.

Identical-store sales, which exclude stores that opened or closed during the quarter, decreased 2.2% for the third quarter compared to the same period in the prior fiscal year. However, the grocer’s 51 offensive remodel stores that are still within their first year of operation had a 6.3% weighted average sales increase compared to the same period in the prior fiscal year, excluding the grand re-opening phase.

“We are pleased that our results were in line with our expectations, as we continue to navigate through this challenging economic environment,” stated Peter Lynch, Winn-Dixie chairman, CEO and president. “By effectively managing our promotional activity, and exercising discipline with respect to our overall expenses and capital spending, we remain on track to meet our financial guidance for the year.”

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