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Convenience Stores

  • IHL: EMV costly, time consuming, out of date for most retailers

    Franklin, Tenn. - The new EMV card payment mandate may not provide financial ROI for retailers. According to new research from IHL Group, most retailers will never recoup the expense that EMV imposes.

  • Kroger shuffles Harris Teeter executives

    The Kroger Co. has named Fred Morganthall, currently president of Harris Teeter Supermarkets, as senior vice president of retail divisions for the Kroger Co.

    Rod Antolock, currently Harris Teeter's executive vice president, has been named president of Harris Teeter.

  • 7-Eleven opens its first U.S airport terminal store

    Dallas -- 7-Eleven’s first-ever U.S. airport terminal location has opened at Los Angeles' International Airport. The 950-sq.-ft. store is in the pre-security arrivals level of the Tom Bradley International Terminal.

    The store carries a mix of fresh and hot foods, beverages, snacks, travel-size personal care products and nonfood items.

  • Pharmacy still driving sales at Rite Aid

    Same store sales increased 2.1% at Rite Aid in May thanks in large part to growth in the retailer's pharmacy division.

  • Same-store sales show modest growth in May

    New York – Same-store sales generally showed modest growth in May 2015, on the whole meeting Wall Street analyst expectations. The apparel vertical in particular generally outperformed analyst predictions, although Gap, Banana Republic and Zumiez all reported negative same-store sales growth.

    Following is a review of May same-store sales by vertical:

    Apparel
    Banana Republic: – 5%
    The Buckle: 2.4%
    Gap: – 6%
    L Brands: 5%
    Old Navy: 6%
    Stein Mart: 1.9%

  • EntrustRX helps Fred's increase sales

    Fred's Super Dollar increased sales in May, one month after joining forces with specialty pharmacy operator EntrustRx.

  • Neiman Marcus plans Pinterest purchases

    Dallas - Neiman Marcus Group customers will be able to purchase items through the new “Buyable Pins” e-commerce service across Pinterest, including the company’s Pinterest page, later in June. Millions of pins on Pinterest will now become buyable, meaning customers will be able to purchase Neiman Marcus items they have pinned or discovered on any iOS-enabled device with a few taps.

  • Walmart raising wages for even more associates

    Walmart is reportedly raising starting wages for more than 100,000 U.S. department managers and workers in its deli and other specialized departments.

    According to the Associated Press, Walmart told the AP that department managers of complex and service-oriented jobs in areas like produce, electronics and auto care, will start at $13 per hour and top out at $24.70 per hour, beginning next month.

    Read more by clicking here.

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