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Convenience Stores

  • CVS/pharmacy to host Halloween customer appreciation event in stores

    WOONSOCKET, R.I. — CVS/pharmacy is holding on Oct. 23 its first annual "2011 Halloween Party and Customer Event" at all 7,200 locations nationwide.

    Children who slip on a Halloween costume and purchase any item at any CVS/pharmacy location on Oct. 23 during regular store hours will receive one free Halloween gift pack per child, as well as an in-store costume photo shoot, which includes a free 5x7 print, during select times throughout the day.

    The Halloween gift pack, available for free with any purchase while supplies last, includes:

  • Wegmans evokes rural theme in first Mass. store

    NEW YORK — Wegmans Food Markets has opened its first location in Massachusetts, in the town of Northborough. The 138,000-sq.-ft. store, the largest supermarket in New England, has a warm, welcoming feel.

  • CVS/pharmacy offers free gift cards promotion for ExtraCare Rewards members

    WOONSOCKET, R.I. — In an effort to reward loyal shoppers, CVS/pharmacy has created a new promotion that allows members of its ExtraCare Rewards program to earn multiple free gift cards by shopping for essentials at more than 7,200 locations nationwide.

  • Q2 results make 99 Cents Only an attractive buy

    COMMERCE, Calif. — The investment group that agreed to buy 99 Cents Only Stores for $1.6 billion must be pleased with the discounter's second-quarter results.

    99 Cents Only Stores reported total sales of $363 million for the second quarter, an increase of 8.8% over total sales of $333.6 million for the same quarter last year. Same-store sales for the quarter were up 6.7%. The number of same-store-sales transactions increased 4.7% and the average transaction size increased to $9.62 from $9.44, the company reported.

  • Report: Amazon tests delivery lockers in stores in Seattle and New York

    New York City -- Amazon is testing robotic delivery lockers that people can use to receive items they order from the website, according to published reports.

    Wired magazine reported online that the company was conducting the tests in Seattle and New York at Rite Aid and 7-Eleven stores, as well as other locations. The new service would allow people to select a locker location for delivery and then go to retrieve their items automatically using a six-digit code.

  • NRF continues fight for swipe fee reform

    WASHINGTON — The National Retail Federation Wednesday said that legislation introduced in the House to repeal debit card swipe fee reform would cost consumers more than $6 billion a year in savings that merchants plan to pass along to their customers.

  • Safeway income grows, sales momentum continues

    PLEASANTON, Calif. — Safeway reported net income of $130.2 million (38 cents per diluted share) for the third quarter of 2011 compared with $122.8 million (33 cents per diluted share) for the third quarter of 2010.

    Total sales were $10.1 billion in the third quarter of 2011 compared with $9.4 billion in the third quarter of 2010, due primarily to higher fuel sales, a 1.5% increase in identical-store sales (excluding fuel) and a higher Canadian exchange rate.

  • Tom Ryan, former CVS Caremark CEO, joins private equity firm

    Boston -- Global private equity firm Advent International announced that Thomas Ryan, former chairman and CEO of CVS Caremark Corp., has joined the firm’s Operating Partner Program. He will advise and work closely with Advent’s investment professionals to identify attractive opportunities and generate post-investment value at retail and healthcare companies globally.

    Ryan, who joined CVS Caremark in 1974 as a pharmacist, was appointed chief executive in 1994.

  • Safeway Q3 profit up 6% on cost controls

    Pleasanton, Calif. -- Safeway reported a 6% rise in fiscal third-quarter profit amid stronger revenue from gasoline sales and cost control efforts. Net income rose to $130.2 million for the period ended Sept. 10, up from $122.8 million, or 33 cents per share, a year ago.

    Revenue rose 7% to $10.06 billion, from $9.4 billion. Same-store sales, excluding fuel, rose 1.5%
     

  • NEW elects five new board members

    CHICAGO — The Network of Executive Women has elected five new members at large to its board of directors.

    New board members are Mike Byron, president of supplier diversity for Supervalu; Sarah Chartrand, SVP diversity, talent management and organizational development for Ahold USA; Marnette Perry, SVP Kroger; Suzanne Sears, VP global market development at Kimberly-Clark; and Karen Stuckey, SVP merchandising and general merchandise manager of the home division for Walmart Stores.

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