Retail

Camp Hill, Pa. – Rite Aid has reportedly settled a consumer protection suit filed by the district attorneys of San Diego, Riverside and Alameda counties for about $500,000. According to the Associated Press, the suit alleged that Rite Aid pharmacists failed to consult with customers who were filling new prescriptions or changing the doses of existing prescriptions, as required by California state law.

Toronto – Loblaw Companies Ltd. has selected the SAP Store Device Control by GK software solution marketed by SAP. This product offers the infrastructure to control stores in an omnichannel commerce architecture.

GK Software US Inc. will handle the implementation of the software in this project.
 

Toronto – Tim Hortons and Canadian Imperial Bank of Commerce (CIBC) are launching the new CIBC Tim Hortons Double Double Visa Card, leveraging a two-button technology that allows cardholders to press the CIBC Visa button on the front of the card to pay for their purchases anywhere Visa is accepted. One percent of each dollar spent is converted instantly into Tim Cash rewards, and by touching the Tim Card button, cardholders can then redeem their Tim Cash loyalty points at Tim Hortons locations.

Plano, Texas – J.C. Penney has filed an appeal of a June 16 ruling by the New York State Supreme Court that it "tortuously" interfered with Macy’s 2006 contract with Martha Stewart Living Omnimedia when Penney entered into its own contract with Martha Stewart in 2011. In the ruling, Justice Jeffrey K. Oing said Macy’s failed to prove that it is entitled to punitive damages.

Oakbrook Terrace, Ill. -- Mid-America Asset Management Inc. has announced three new retail leases on behalf of two shopping centers in Chicago’s southwest suburbs.     

Flexeon Rehabilitation signed a lease for 2,923 sq. ft. at Hillcrest Shopping Center in Crest Hill, Illinois. The 240,268-sq.-ft. center is anchored by TJ Maxx, Food 4 Less, Citi Trends, and Harbor Freight Tools.

By Corey Gale, Director of Marketing – Retail and E-commerce, North America, Micros

New York -- Target Corp. on Wednesday requested that customers no longer carry guns in its stores.

The retailer found itself embroiled in controversy when gun-rights activists in Texas and several other states chose Target stores to demonstrate their belief in the right to openly bear arms. In response, the chain came under heavy fire from groups such as "Moms Demand Action for Gun Sense" and others who expressed concern about firearms being carried into an environment where the shoppers are often accompanied by children.

By Kevin Smith, VP of onshore corporate services for ImpactWeather

According to Forrester Research, weather is the leading cause of business disruptions¹. From commodity demands and supply chain interruptions to community assistance, retailers know the power that severe weather has over their economic profits and losses.