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Survey: Retail execs embrace omnichannel
New York -- Looking to better respond to increasingly online and mobile customers, 70% of retail executives said their organizations have adopted an omnichannel strategy to link the consumer's in-store experience with the company's website, mobile device application and social media platforms. This strategy, according to the 2014 Retail Outlook Survey of 100 retail executives by KPMG LLP, will help create a seamless shopping experience for the consumer.
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CVS Caremark changes name to CVS Health as stores stop selling tobacco
Woonsocket, R.I. -- CVS Caremark on Wednesday announced that it is changing its corporate name to CVS Health to reflect its broad healthcare commitment. The company also announced the end of tobacco sales in CVS/pharmacy stores as of Sept. 3, nearly a month ahead of its previously targeted date of Oct. 1.