eCommerce

The man who ran European drugstore chain Alliance Boots before its merger last year with Walgreens has agreed to become the top executive of the combined company.

Pittsburgh – Dick’s Sporting Goods is opening a combination store format.

The retailer will open its first “All-American Sports Center” on July 23 at McGowin Park in Mobile, Alabama. The concept features a Dick's Sporting Goods and a Field & Stream store in one location under the same roof.  

Customers benefit from an expanded assortment and the ability to move between the two stores once inside, creating a unique, exciting shopping experience, Dick’s said.

Toys“R”Us Inc. plans to bring its U.S. e-commerce operations in-house, including building and managing a new platform for Toysrus.com, Babiesrus.com and FAO.com, by the end of summer 2016.

DEERFIELD, Ill. — Walgreens Boots Alliance appears to be just getting started. The company posted third-quarter EPS of $1.02 for the period ended May 31, which was 15 cents better than analyst estimates of 87 cents. However, revenue for the quarter came in at $28.8 billion, up 48.4%, against consensus estimates of $29.6 billion. Domestic operations were up 5.3% to $20.4 billion.   

Fred's Inc. says the expansion of its specialty pharmacy business helped drive an increase in sales in June.

Fred's total sales for the period ended July 4 increased 12% to $212.9 million from $190.8 million in June 2014. Excluding $7.4 million from last year's June sales for 56 subsequently closed locations, total sales increased 16% for the month. Same store sales for the month increased 1.6% compared with a decrease of 0.6% in the same period last year.

Wayne, N.J. – Toys “R” Us is taking e-commerce into its own hands.

In a move to optimize its e-commerce business and significantly improve the customer experience online, the toy giant announced plans to bring its U.S. e-commerce operations in-house. The plans include building and managing a new platform for Toysrus.com, Babiesrus.com and FAO.com.

Toys “R” Us expects to launch its own online platform by the end of summer 2016.

New York -- Although the list of retailers reporting monthly sales has grown considerably slim over the past few years, a handful are still going public with the metric.

Costco Wholesale Corp. announced on Thursday that its same-store sales fell 1% in June, following a 1% drop in its most recent quarter (ended May 1), which was the chain’s first quarterly drop since 2009.

Overstock.com is expanding its already popular online produce delivery service by teaming up with farmers in 35 states.