News

While Obamacare remains a contentious issue, Sam’s Club has quietly administered free health tests to nearly one million people and plans to continue its ambitious screening program in 2015.

The first of the monthly screening events takes place Jan. 10 from 11 a.m. to 3 p.m. at Sam’s Club 598 locations that contain a pharmacy. Ten screening events are planned for the remainder of the year and held on the second Saturday of each month.

Online warehouse club operator Green Polka Dot Box has a quirky name, but shoppers don’t seem to mind as the natural foods retailer’s December sales increased 65 percent.

"Based on early sales results, we anticipate that customer growth in this first month of the year will increase from the current level of approximately 4,200 to more than 6,000," said Rod Smith, CEO of the company. "And that we will see corresponding increases in monthly sales in January.”

Austin, Texas -- Revionics announced that Save Mart Supermarkets, which operates 221 stores under the banners of Save Mart, S-Mart Foods, Lucky and FoodMaxx, has entered into a multi-year agreement for Revionics’ SaaS-based price optimization solution and its advanced analytics services, including the key value item (KVI) analysis and store cluster analysis.

As it seeks to further improve its digital interaction with customers, Walgreens has chosen Qualcomm as its partner for device connectivity with the drugstore chain's mobile and web applications, as well as its Balance Rewards program. 

Stamford, Conn. – High-end furniture and accessories retailer Lovesac has deployed NetSuite to run mission-critical business processes including financials/ERP, inventory and order management, CRM, and POS across its 60 stores in shopping malls across the U.S. All these processes are connected within NetSuite's single unified cloud solution.

It's official: Bottom Dollar Food will close its 66 store locations in the greater Philadelphia and greater Pittsburgh markets by Jan. 15 and retire the banner's operations.

In November, Delhaize Group — the parent company of Bottom Dollar Food — announced the sale of Bottom Dollar's stores and associated lease liabilities to ALDI Inc., which has expressed an interest in growing its U.S. footprint.

Santa Clara, Calif. - Intel Corp. has made a $24.8 million investment into Vuzix Corp., a provider of  wearable display technology video eyewear and smart glasses products in the consumer, commercial and entertainment markets. Vuzix is focused on next-generation optics and displays that have the potential to fit in fashion-based wearable glasses.  

Intel's investment will be used for general working capital to accelerate the introduction of Vuzix next generation fashion-based wearable display products into the consumer market.

Embattled teen retailer Wet Seal Inc. has defaulted on $27 million in senior convertible notes and related costs.

In a regulatory filing, Wet Seal said the total amount due is equal to $28.8 million, plus costs of collection, attorneys’ fees and disbursements.