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Convenience Stores

  • CVS: Consumers don’t smoke ’em if they don’t got ’em

    Woonsocket, R.I. – When consumers have less access to cigarettes, they smoke fewer of them.

    This is the basic conclusion of a new report from CVS Health showing that overall cigarette sales fell in 13 states where CVS has more than a 15% market share.

  • Pharmacy sales give Fred's a boost

    Fueled in part by increased pharmacy sales, Fred’s reported Thursday that its August sales hit $165.6 million this year, up 12% over August 2014.

  • RPAI increases presence in Seattle MSA to more than 1.2 million sq. ft.

    Newcastle, Wash. -- Retail Properties of America announced that it has closed on the off-market acquisition of Coal Creek Marketplace, a 56,000 sq. ft. grocery-anchored center located in Newcastle, Washington for approximately $17.6 million. The center is currently 95% occupied and anchored by Quality Food Centers, a subsidiary of Kroger.

  • Target may be getting boozy in Chicago

    As Target moves to reimagine the shopping experience for customers who visit its stores, the retailer has applied for two liquor licenses for a future store in Chicago.

    USA Today reports that the company has applied for packaged goods and consumption on premises licenses.

    The retailer may be trying to follow the lead of Kroger, Duane Reade and other retailers looking to expand their alcoholic offerings, which could pose operational challenges at these stores.

  • Study: The most popular retail POS system is…

    Austin, Texas – A new study has identified the most popular retail POS system.

    According to research by Software Advice, Lightspeed takes the top spot.

    Software Advice assigned Lightspeed a combined score of 4.9 on a five-point scale for its user adoption level, search traffic and social media presence. Following Lightspeed were Microsoft Dynamics (4.7), Vend (4.4), Revel (4.4), Shopkeep (3.8), AP (3.5), NCR (3.2), Bindo (3) and CashierLive (3).

  • Report: Target – where everybody knows your name?

    Minneapolis – Target Corp. reportedly wants to become a place where consumers can go and everybody knows your name.

    According to USA Today, Target plans to serve liquor in a store slated to open in Chicago in October 2015.

    While a number of Target stores sell packaged alcohol products, this marks the first time Target would also serve liquor for customers to consume inside the store. Target has applied for permits to both sell alcohol for take-home purchase and for in-store consumption for the Chicago store.

  • H-E-B is Instacart’s newest partner

    San Francisco -- Regional supermarket operator H-E-B has joined the ranks of retailers offering home delivery service.  

    The chain is the latest retailer to reach an agreement with grocery delivery service provider Instacart. Under the deal, Instagram will offer home delivery to H-E-B customers in the Austin and Houston markets.

  • Fresh Market taps a lion as new CEO

    Greensboro, N.C. -- The Fresh Market named a veteran food retailer who once led Food Lion as its new president and CEO. The hiring follows the abrupt termination of the chain's former CEO and comes as the once high-flying chain has seen its sales stagnate.

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