It's shaping up as a happy holiday for the nation's retailers — so much so that one retail research/consulting firm has raised its already strong seasonal sales forecast.
Sears Holdings Corp. reduced its third quarter loss by $190 million helped by lower operating costs from its reduced store portfolio, but it saw no improvement on the revenue side as same-store sales plunged 15.3%.
Walgreens is collaborating with NewYork-Presbyterian on a program that will bring telemedicine via self-service kiosks to the drug store chain's stores.
The pending $69 billion acquisition of Aetna by CVS could yield valuable lessons for others in the healthcare and drugstore sectors as they seek to forge stronger ties to consumers.