Corporate Responsibility

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.

CVS Caremark is changing its corporate name to CVS Health to reflect its broader health care commitment and its expertise in driving the innovations needed to shape the future of health.

Keurig Green Mountain and The Coca Cola Company have expanded their agreement to include select beverages from Coca Cola’s still brands portfolio in the Keurig hot brewing system in the United States and Canada. As such, Honest Tea will be the first brand from The Coca Cola Company available in K-Cup packs.

Brooklyn, N.Y. -- Home furnishings retailer West Elm will open a store in Pittsburgh, on Sept. 4.

Located in Bakery Square, the new store will feature a curated selection of products made in Pennsylvania, part of West Elm’s Local initiative. The initiative, launched this year, taps into local entrepreneurship by empowering the teams in West Elm stores to find area makers and designers, building and nurturing a creative network that celebrates craftspeople and differentiates the brand with regional assortments.

Latina Style magazine last week named Walmart, Target, CVS Caremark and the Army & Air Force Exchange Service four of the 50 best companies for Latinas to work for.
 
Walmart ranked No. 10 on the list, Target No. 36, CVS Caremark No. 41 and the Exchange No. 46.
 
The 2014 Latina Style 50 will be published in the magazine’s special August issue, and the companies will be recognized at the magazine’s awards ceremony and diversity conference early in 2015.
 

Murad, the skin care brand founded by Howard Murad, plans to open in October the company’s first official stand-alone retail boutique.

The freestanding store, which will serve as Murad’s global flagship retail location, will be located in Los Angeles. The opening of the 1,500-sq.-ft. store front coincides with the celebration of Murad’s 25th anniversary this year.

China is known for some of the worst air pollution in the world and to help improve the situation Walmart has launched a new initiative focused on helping suppliers reduced greenhouse gas emissions.

Walmart’s seemingly endless Foreign Corrupt Practices Act investigation and mounting expenses drew the attention of the New York Times again this week which explored arcane legal issues that have muzzled a former Walmart lawyer.

New York -- Fashion powerhouse Zara, owned by Spain’s Inditex, used social media to apologize after complaints poured in via Twitter that the retailer was selling a piece of clothing that closely resembled a uniform worn in Nazi concentration camps during World War II. The item in question, called the “Sheriff,” was a children’s blue-and-white striped top with a prominent six-pointed yellow star.

Melville, N.Y. - Global Facility Management & Construction has named “J.A.C.K.: Join A Cause for Kids” as the first recipient of its “Global Gives Back” initiative, an annual charitable program designed to give back to the community. Sean and Lauryn Blank presented the donation to the charity’s founder in memory of his son, Jack Perlungher during Global’s recent 10-year anniversary summer event.