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Mass Merchant

  • Sears Holdings names senior VP, president for Kmart pharmacy

    New York -- Sears Holdings has a new leader for its Kmart pharmacy division. The company announced that it has hired Phil Keough as senior VP and president, pharmacy.

    Keough most recently served as CEO and president of Millennium Pharmacy Systems, a long-term care pharmacy provider, and led the sale of the company to PharMerica.

  • Sears picks former CVS/Rite Aid exec to lead Kmart pharmacy

    Sears Holdings has a new leader for its Kmart pharmacy division. The company announced that it has hired  Phil Keough as SVP and president, pharmacy.

    Keough most recently served as CEO and president of Millennium Pharmacy Systems, a long-term care pharmacy provider, and led the sale of the company to PharMerica.

    In his new role with Sears Holdings, Keough will be responsible for leading the Kmart Pharmacy business unit and driving Shop Your Way member engagement to enable online and in-store growth of the company’s Health & Wellness businesses.

  • Walmart Canada opening 11 new supercenters

    Walmart is capping off the end of its fiscal year with a flurry of activity, as the retailer is poised to open more stores in Canada.

    Walmart said it will open 11 new supercenters by Jan. 29, completing its expansion for the company's current fiscal year ending Jan. 31.

    These openings will bring Walmart’s total store count in Canada to 394 stores.

  • NRF: Super Bowl spending on the rise

    Washington, D.C. – An estimated 184 million viewers will watch Super Bowl XLIX on Sunday, Feb. 1. According to NRF’s Super Bowl Spending Survey conducted by Prosper Insights & Analytics, average viewer spending will reach a survey high of $77.88, up from $68.27 in 2013.

    Total spending is expected to reach $14.3 billion. Young adults ages 18-24 plan on spending an average of $95.92; those ages 25-34 and 35-44, however, will spend slightly more at an average of $101.54 and $102.82, respectively.

  • Consumers’ favorite fashion retailer is…

    Louisville, Colo. -- Nordstrom ranked as consumers’ favorite fashion retailer for the third consecutive year, followed by Kohl’s, T.J. Maxx, Macy’s and Dillard’s. That’s according to a study by Market Force Information, a provider of customer intelligence solutions.

  • Retailers favored in Patriots, Seahawks Super Bowl matchup

    A big game bonanza is in store for retailers, with television viewership and entertainment related spending expected to hit record levels, according to a National Retail Federation survey.

    According to NRF, average viewer spending will reach a survey high of $77.88, up from $68.27 last year, with fans planning to splurge on everything from game day food and new televisions to athletic wear and decorations. Total spending is expected to reach $14.3 billion.

  • Family Dollar shareholders approve Dollar Tree deal

    New York -- After months of delay and a failed bid by Dollar General, Family Dollar shareholders agreed to be acquired by Dollar Tree in a deal that creates a combined company with more than 14,000 locations, estimated annual sales of $19 billion and compelling growth opportunities.

    Approval of the deal creates a new competitive dynamic in the world of extreme value retailing with the combination of Dollar Tree and Family Dollar making for a more formidable competitor to Dollar General and its nearly 12,000 stores.

  • Solid Gold and Petco team up to donate $500K

    Solid Gold pet food is partnering with Petco to donate an estimated $500,000 of premium pet food to selected pet charities nationwide.

    The program kicked off earlier this month at more than 1,300 Petco locations across the U.S. finalize the placement of Solid Gold's new package design.

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