Corporate Governance

CVS/pharmacy is launching a Hispanic-focused rebranding of some of its stores in South Florida, an initiative that the retailer hopes to eventually roll out nationally.

The new and remodeled stores are called CVS/pharmacy y mas. Twelve CVS/pharmacy y mas stores are now open in South Florida, including 11 remodeled CVS stores and one brand new store. They all feature a fully bilingual staff, the addition of more than 1,500 Hispanic products, more competitive pricing on hundreds of products, and new services unique to a national retail pharmacy.

Staples is empowering students to "Make Innovation Happen” with a new program that promotes research, collaboration and entrepreneurial thinking.

The retailer's Designed by Students program will allow students from two middle schools, MS88 in Brooklyn, N.Y., and Ron Clark Academy in Atlanta, Ga., to participate in a curriculum to foster creative thinking and teach students about designing innovative products. The program provides an original, educational experience to students. Staples is donating $50,000 to both schools as part of the program.

The Kroger Co. has earned more recognition for its investments in food safety innovation.

The company's innovative electronic temperature monitoring project has been named a winner of the 2015 CIO 100 Award by International Data Group's CIO Magazine.

Walmart reportedly is relaxing its dress code and raising the temperature at its stores as part of an effort to improve working conditions. 

According to a Reuters report, Walmart made the announcement to a gathering of 3,000 workers brought to Arkansas this week before the company's annual shareholders' meeting due to be held on Friday.

The Vitamin Shoppe is hoping to attract more health-conscious shoppers by sponsoring a health expo this month at all 700 of its stores.

All Vitamin Shoppe stores across the country will host a "Share the Health" Expo from 11 a.m. – 2 p.m. Each store will provide samples of healthy goodies, offer consultations with local wellness partners, plus tips and recipes for healthy living this summer. The first 50 shoppers at each store will receive a free gift bag with product samples from a selection of brands.

Five Below reported an increase in same store sales and profit for the first quarter in the same week the company opened a new distribution center to support its expansion plans. 

Target plans to sell its pharmacy business to CVS Health for $1.9 billion and rebrand its nearly 1,700 prescription departments as CVS/pharmacy in a blockbuster deal that stunned the health care world.

Fort Wayne, Ind. - Vera Bradley, Inc. announced that Theresa Palermo has been named executive VP, CMO, effective June 22.

The answer to the questions above may not be as obvious as one would think. Retailers not only suffer losses in the billions, but they also must spend millions in an effort to thwart this behavior. In the past, retailers could rely on the criminal justice system, but today’s limited resources have left retailers with only civil demand laws which are currently being scrutinized.

New York -- Target chief Brian Cornell talks to CNBC's Jim Cramer about what the company is doing to turn its business around. What else does Target have up its sleeve and how will it keep the momentum going?