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Awards

  • Former Walgreens president, CEO and chairman dies

    Charles R. (Cork) Walgreen III, former president, CEO, chairman of the board, and chairman emeritus of the iconic U.S.-based drug store chain Walgreens, died at on Monday, Sept. 26, at his home in Lake Forest, Ill. He was 80.

    Walgreen was the grandson of Charles R. Walgreen Sr., founder of the 115-year-old pharmacy retailer that now is included in the Retail Pharmacy USA Division of Walgreens Boots Alliance.

  • Fox named VP at Divaris

    Photo: George Fox   Divaris Real Estate has named George Fox VP of sales and leasing at its Virginia Beach office. He will represent both landlords and tenants in North Carolina and Virginia, with a primary focus on the Hampton Roads market.  
  • Walmart pays out $200 million in cash bonuses to hourly workers

    Walmart hourly employees are being rewarded for helping to improve customers’ satisfaction with the discounter’s stores.   The world's largest retailer said Wednesday it awarded more than $200 million in second quarter cash bonuses to more than 900,000 hourly workers across the United States.  
  • CSA to select ‘Top Redevelopers’ for 12th-annual listing

    Chain Store Age magazine is accepting nominations for its 12th annual “Top Redevelopers” listing, which recognizes shopping center owners and developers’ retail redevelopment efforts over the last 12 months. Selections will be based on square footage redeveloped between June 30, 2015 and June 30, 2016, financial investment, and project significance.

  • Nest one of fastest-growing private companies

    For the sixth time, Nest has appeared on Inc. magazine’s ranking of the nation’s fastest-growing private companies.

    Nest — ranked no. 4783 on the 35th annual Inc. 5000, with three-year sales growth of 48%. The listing features successful companies within the American economy’s most dynamic segment — independent small businesses. Companies such as Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees of the Inc. 5000.

  • Wendy’s honored for energy efficiency

    The U.S. Department of Energy recognized The Wendy's Company, and one of its franchisees, Wendco Group, for its energy-saving efforts.   Wendy’s Company and Wendco Group, which operates 43 Wendy's restaurants in Alabama and Florida, are participants in the DOE’s Better Buildings Challenge. The program aims to make commercial, public, industrial and residential buildings 20% more energy efficient over the next decade.     
  • Chain Store Age debuts SPECS ‘Ambassadors Club’

    Chain Store Age unveils its first-ever SPECS/2017 Ambassadors Club, created to recognize 12 retailers who have made significant contributions to the industry and to SPECS, the annual Retail Event for Store Innovation. Produced by CSA, SPECS is attended by retail and food-service executives involved in the planning, design, construction and maintenance of stores and restaurants nationwide.    
  • Target Gets ‘Smart’ About Lighting

    Target is taking its lighting to the next level. The retailer tapped Acuity Brands to provide Target stores with smart lighting technologies, featuring energy-saving LED fixtures and dimming controls. Target will be exclusively installing Acuity’s next generation, smart LED sales floor fixtures, along with its store accent lighting and distribution center site lighting.

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