News

Woonsocket, R.I. – CVS is launching a new online Drug Information Center on CVS.com. This new resource was developed to help consumers take control of their health by providing them with best-in-class drug information and a variety of innovative resources.

Doubling sales in any category within a four year time span would be an audacious goal for any retailer, but that was the objective Walmart set for itself in the beer category last fall, according to Bloomberg.

Oak Brook, Ill. – Despite declines in European and Asia-Pacific/Middle East/Africa (APMEA) same-store sales, positive domestic same-store sales performance in July resulted in a small global increase for McDonald’s Corporation. The fast-food giant reported 1.6% domestic same-store sales growth compared to July 2012 as well as 1.9% declines in both Europe and APMEA same-store sales, averaging out to a 0.7% global increase.

FORT WORTH, Texas — RadioShack has unveiled a new “low touch” concept store format at the Manhattan Mall in New York and at Plaza Las Americas in Hato Rey, Puerto Rico, and plans to open another in downtown Fort Worth in October.

AT&T has transformed its store in LaGrange, Ill., to a new look that the company is rolling out at new and redesigned stores nationwide. Focused on the customer experience, the store is designed to create a more interactive and inviting store environment. Many of the elements (design and merchandising) were introduced at AT&T’s flagship on North Michigan Avenue in Chicago.

Walmart has fended off the best efforts of organized labor for decades, but it appears likely the company will need to elevate its game after several major unions joined forces this week.

Jacksonville, Fla. – Stein Mart reported year-over-year increases in total and same-store sales during the second quarter of fiscal 2013. Total sales grew 3.8% to $74.6 million from $70.5 million, while same-store sales increased 6.4%, compared to same-store sales growth of only 1.6% during the second quarter of the previous year.

COLUMBUS, Ohio — The Limited has appointed former Brooks Brothers executive Diane Ellis as the company’s CEO, effective August 26.

Ellis was president and chief operating officer of Brooks Brothers for six years. She oversaw information technology, human resources, retail and outlet stores, planning and allocation, product development, sourcing, supply chain, e-commerce and finance.