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  • Embrace change and ‘interruption,’ NACDS leaders urge TSE attendees

    Massive changes in healthcare delivery, the rise of a new generation of health consumers and other forces continue to upend the practice and business of chain pharmacy, NACDS leaders told attendees of the Business Program at the 2015 NACDS Total Store Expo conference.

  • Walmart pledges $25M on Katrina anniversary

    As the 10th anniversary of Hurrican Katrina approaches, Walmart and the Walmart Foundation are making a commitment to disaster relief efforts.
  • Modernizing Broadway Mall

    Hicksville, N.Y. -- Pacific Retail Capital Partners announced renovations are underway for Broadway Mall located in Hicksville, New York. Mall renovations will focus on updating the main entrance to provide a grander, more recognizable entrance, modernizing the walkways with new flooring and improving outdoor hardscapes and landscapes with new benches, seating, foliage and flowers.
     

  • Listen Up

    Facebook and Twitter don’t have the power to move mountains (not yet anyway), but one thing is certain: Retailers are not only listening to the conversations going on out there about their brands, but, increasingly and when it makes brand-sense, acting on them. At least the smart ones are.

    Consider Topshop. The global fashion retailer came under fire for using ultra-thin mannequins in its stores.

  • Sears Holdings names J&J, HP exec as hardlines president

    Hoffman Estates, Ill. - Lynn Pendergrass has joined Sears Holdings Corp. in the new role of president, hardlines.

    In this position, she will be responsible for working across the Kenmore, Craftsman & DieHard business unit and its hardlines partners, including home appliances, lawn & garden, tools, and Sears Auto Centers, to develop compelling offers and build customer relationships.

    Pendergrass comes to Sears Holdings from Johnson & Johnson, where she served as worldwide chairman, consumer.

  • Chipotle to go on massive, one-day hiring spree

    Denver -- Chipotle Mexican Grill Inc. is going on a hiring binge.

    The chain will hold its first-ever “National Career Day,” on Sept. 9, with the goal of hiring 4,000 new employees.

    In terms of employment, Chipotle is considered one of the more desirable fast-food chains, offering higher-than-average wages. In June, the company announced it planned to offer benefits previously available only to salaried workers to all employees, including full tuition reimbursements, sick pay, and paid vacation days.

  • Sycamore Partners to buy Belk for $3 billion

    Private equity firm Sycamore Partners is adding a department store to its growing portfolio, which includes such brands as Aeropostale, Jones New York and Nine West.

  • Blockbuster deal: Sycamore Partners buys Belk for $3 billion

    Charlotte, N.C. -- Private equity firm Sycamore Partners is adding a department store to its growing portfolio.

    Belk, the nation's largest family owned and operated department store company, on Monday announced that it has entered into a definitive agreement to be 100% acquired by Sycamore Partners in a transaction with an estimated value of approximately $3 billion.

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