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Retail

  • Rite Aid same-store sales rise 3% in April

    Camp Hill, Pa. – Same-store sales increased 3% in April 2015, compared to the same month a year earlier. April front-end same-store sales, which were negatively impacted by 0.9% due to a shift in the timing of Easter, decreased 0.5%.

    Pharmacy same-store sales, which included an approximate 1.45% negative impact from new generic introductions, increased 4.6%. Prescription count at comparable stores increased 1.8% from the prior-year period.

  • True Religion opens digitally enhanced flagship in Manhattan

    Vernon, Calif. -- True Religion Apparel Inc. has opened its first global flagship, at 513 Broadway in downtown Manhattan. The 3,000-sq.-ft. space is the brand’s largest and most digitally-savvy store to date, starting with storefront windows that display a continuous stream of video content. The windows are also able to showcase style statements from shoppers themselves.

    Inside the store, digital kiosks and iPads provide product-on-demand by offering the entire True Religion collection through an endless digital aisle.

  • Sustainability

    Doughnuts may be required to spend some time in the proofer, but when it comes to sustainability, the proof is in the doughnuts, at least those that are served at a growing number of Dunkin’ Donuts 18,000-plus locations.

    The rise of Dunkin’ Brands sustainability initiative was presented by the company’s senior director of global design and construction services, John Herth, and director of corporate responsibility, Christine Riley Miller, at the SPECS session, “Sustainability the Dunkin’ Brands Way.”

    At the end of 2014, the company launched Dunkin’ Donuts (DD) Green Achiev

  • WHAT’S ON TAP FOR RECON 2015?

    When the International Council of Shopping Centers opens the doors of the Las Vegas Convention Center on May 17 to retailers and shopping center attendees from around the globe, it will unveil a lineup of newly built, underway and redeveloped properties ripe for deal-making.

    Leasing interest at RECon 2015 is expected to be high, this despite naysayers who have predicted the demise of the shopping mall. Not likely, say those in the know.

  • In With the New

    Our cover story this month is about one of my favorite topics: hot retail concepts. It’s a subject that, to my mind, never goes out of style because it speaks as much to the essence of retail in today’s omnichannel age as it did in the purely physical one.

    New concepts remain the lifeblood of retailing, and it’s always exciting to recognize and call attention to them. And I’m happy to report that the industry seems to be particularly rich in new formats these days.

  • Kroger to build 11 new stores, 16 gas stations, training center in Indiana

    Cincinnati – The Kroger Co. plans to build 11 new stores and remodel 22 existing stores in the Indianapolis area. Kroger will spend $464.6 million in a four-year plan that actually started in 2014.

    The plan includes constructing seven 125,000-sq.-ft. Kroger Marketplace stores in Fishers, Franklin and Indianapolis counties. Those stores will cost $141 million and create 1,350 permanent jobs.

  • Stop & Shop to turn food waste into energy

    Quincy, Mass. -- Stop & Shop has broken ground on the company’s first anaerobic digester at its distribution center in Freetown, Massachusetts. The state-of-the-art digester will turn food scraps into clean energy.

    As part of its sustainability efforts, Stop & Shop plans to donate and divert as much food waste and unsold food as possible to regional food banks and farms. But food that cannot be donated will be sent to the digester. The supermarket retailer has set a long-term goal to divert 90% of waste going to landfills.

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