eCommerce

Deerfield, Ill. -- Walgreen Co. said its same-store sales role 5.6% in May, better than Wall Street expected.

Walgreen said pharmacy revenue from those stores rose 6.7% as it filled 7.1% more prescriptions. Front-end same-store sales grew 3.6%.

The company also said it completed its acquisition of Drugstore.com, an online health and beauty retailer. Walgreen agreed to buy the company in March for $429 million.

New York City -- Robert K. Futterman & Associates said it has arranged a 14,564-sq.-ft. lease for Anthropologie at 1230 Third Ave. for its first Upper East Side location.

Set to open this holiday season, the retailer will consist of 5,051 sq. ft. on the ground-floor and 9,513 sq. ft. of lower-level retail space. 

This will be Anthropologie’s fifth location in Manhattan. 

DEERFIELD, Ill. — May proved to be a good month for Walgreens, as the drug store chain posted a total sales jump of 7% to nearly $6.1 billion.

Walgreens reported that its total front-end sales experienced a 5.5% increase, while comparable front-end sales realized a 3.6% increase.

Hong Kong -- Italian fashion house Prada, which is preparing for an initial public offering of about $2 billion in Hong Kong, said it plans to use most of the proceeds on expansion and renovation of its stores over the next 18 months.

The Milan-based company said it plans to add a net total of about 80 directly operated stores by the end of January 2012, most of them in the Asia Pacific region, where it sees "substantial potential for growth," Prada said in the a regulatory filing.

New York City -- Cushman & Wakefield announced that Stella McCartney, the fashion and accessories retailer and daughter of Paul McCartney, will open a new store at 112 Greene Street between Prince and Spring Streets, in the SoHo area of Manhattan.

The opening is planned for the fall.

Stella McCartney will occupy approximately 5,200 total sq. ft. between the ground floor and lower level in a 10-year lease.

BENTONVILLE, Ark. — Wal-Mart Stores's board of directors has approved a new program authorizing the company to repurchase $15 billion of its shares, the company announced at its 41st annual meeting of shareholders Friday. This program replaces the previous $15 billion program, announced on June 4, 2010, that had approximately $2 billion of remaining authorization. Under the program, repurchased shares are constructively retired and returned to unissued status.

Santa Clara, Calif. -- Nearly half (48%) of retailers do not offer product ratings or reviews on their website, according to a survey by CrossView, a provider of cross-channel commerce solutions.

New York City -- Wal-Mart will debut its Walmart Express format on June 8, in Gentry, Ark. The 15,000-sq-.ft.-store will sell many of the product categories that a traditional Walmart carries, from general merchandise to consumables. There is also a pharmacy. But it will have from 11,000 to 13,000 items, compared with the more than 100,000 items found in a typical supercenter.