Retail

Woonsocket, R.I. – CVS Caremark is evaluating data on prescriptions filled at CVS/pharmacy to identify providers with extreme patterns of prescribing high-risk drugs. Providers who cannot offer a reasonable explanation for these patterns have their controlled substance dispensing operations suspended.

West Chester, Pa. -- QVC promoted Alex Miller to the position of senior VP of digital commerce and Dave Caputo to the position of senior VP of TV production and operations.

Miller will now be responsible for the customer experience across QVC's web, mobile, tablet and social platforms.

Hoffman Estates, Ill. -- Sears Holdings Corp. has been selected to participate in the U.S. Environmental Protection Agency's Energy Star National Building Competition: Battle of the Buildings, which is designed to help improve the energy efficiency of commercial buildings and protect the environment.

New York -- Hedge fund manager and activist investor William Ackman is selling his entire stake in J.C. Penney.

Ackman's Pershing Square Capital Management, Penney’s single biggest shareholder with an approximate 18% stake, is offering its roughly 39.1 million shares for sale and used Citigroup as the bookrunner for the deal, Reuters reported. Penney filed a prospectus for the sale.

Youngstown, Ohio — Kentucky Oaks Mall in Paducah is welcoming two new tenants. Ulta Salon will open an 11,000-sq.-ft. store in October. Neel Thredz Spa opened in July in the Dick’s Sporting Goods concourse. The new salon specializes in eye aesthetics.

The newly renovated mall encompasses more than one million sq. ft. It is owned and managed in association with Cafaro-affiliated companies.

Dublin, Calif. – Epicor Software announced the appointment of Noel Goggin as senior VP and general manager of the Epicor Retail solutions business reporting to Epicor president and CEO Pervez Qureshi.

In this strategic role, Goggin will have operating responsibility for the Epicor Retail solutions business which delivers a comprehensive retail management suite representing a complete range of advanced solutions for specialty, soft goods, and general merchandise retailers.

Riverside, Calif. — University Village Shopping Center in Riverside, Calif., has inked five-year leases with three new tenants, according to NewMark Merrill Companies.

• Amazon Toner, which refills ink and toner cartridges for 30% to 50% below retail, has taken 1,355 sq. ft.
• House of Beauty has leased 1,866 sq. ft.
• UC Bakery has signed a five-year lease for 1,433 sq. ft.

University Center is a 178,020-sq.-ft. outdoor community center anchored by Regency Theatres.

New York -- Foot Locker's second-quarter net income increased 12%, partly due to a recent acquisition. (In July, the retailer completed its purchase of German athletic store chain Runners Point Group for $94 million.)

For the period ended Aug. 3, the company earned $66 million, compared to $59 million a year ago. Its results were in line with expectations.

Revenue rose 6.4% to $1.45 billion from $1.37 billion, in line with expectations. Same-store sales rose 1.8%.