Corporate Governance

Woonsocket, R.I. – CVS is basing its enterprise growth strategy on succeeding in the evolving pharmacy benefit management marketplace, capitalizing on the specialty pharmacy opportunity, driving retail growth through personalization, unlocking adherence through pharmacy excellence and expanding MinuteClinics.

New York -- Beginning on Friday, Dec. 20 at 7 a.m., 37 Macy’s stores in select cities across the country including Macy’s Herald Square in New York City; Union Square in San Francisco; and State Street in Chicago, will stay open overnight for four days in a row of non-stop shopping until Christmas Eve on Tuesday, Dec. 24 at 6 p.m.

In addition to the 24-hour stores, mostly all stores nationwide, except furniture galleries and select locations, will offer extended hours each night until 2 a.m. through Dec. 23.

Washington, D.C. – The Washington, D.C., city council has reportedly unanimously approved an increase in the city’s minimum wage to $11.50 per hour in 2016, up from the current hourly rate of $8.25. According to Reuters, after being raised to $11.50 the minimum wage would then be indexed to inflation.

Boca Raton, Fla. – Office Depot has formed its executive committee and leadership team.

Amsterdam, Netherlands – Staples Europe has launched new websites in both Germany and Netherlands. The sites offer a refreshed look and feel and many new features, such as personalized shopping with product recommendations based on customer preferences.

New features also include an updated search engine and filtering tools, easy reordering for frequently used products, quick checkout with a mini-cart that makes it easy to insert coupons, save addresses, and review orders, and a new store locator and ship-to-store functionality.

New York -- Whole Foods Market sees the potential to expand to 1,200 stores throughout the United States, which is nearly three times the number of locations it currently operates worldwide, the company’s co-chief executives co-CEOs John Mackey and Walter Robb said in an interview on CNBC on Tuesday.

By John Cronin, Tiger Group, [email protected]

Truly last minute shoppers will be able to visit the corner of happy and healthy this Christmas Eve and Christmas Day where Walgreens said most of its nearly 8,200 stores will be open.

The company, which features “at the corner of happy & healthy” as its advertising tag line, said most stores will be open until midnight on Christmas Eve and its roughly 1,600 24-hour stores would stay open around the clock. On Christmas Day, most of the company’s non-24-hour stores will be open from 9 a.m. until 5 p.m.

Hickory Farms has launched a new website featuring faster page load times, easier navigation and improved search and checkout functions. Customers can shop on-the-go with the site's mobile- and tablet-friendly design.

In addition, running through Christmas Eve, customers can participate in Hickory Farms' Holiday Hunt Sweepstakes for a chance to win one of six daily instant prizes and be entered to win a $2,500 Visa gift card. Consumers can visit the Hickory Farms Facebook page daily to find the clue for that day's instant prize, which they will find on HickoryFarms.com.

The Retail Industry Leaders Association (RILA) has added Ajani Stewart to its sustainability team within the RILA legal department.

Stewart will be leading the development of RILA’s Center for Retail Compliance (CRC). RILA recently received funding to develop the CRC, a Web-based resource for retailers and stakeholders in the industry to access solutions and information for maintaining and achieving environmental compliance. Stewart is responsible for the development of the center.