Skip to main content

News

  • Carriers consolidate to enhance southern services

    The Arnold Transportation division of U.S. Xpress Enterprises will merge with LinkAmerica Corp. to create a trucking company with 1,400 vehicles, 5,000 trailers and 1,800 drivers.

    The combined company will operate under the Arnold name and will be jointly owned and operated by Arnold parent company U.S. Xpress and LinkAmerica’s private equity owner Tenex Capital Management.

    The deal extends Arnold's dominance in the regional market with increased capacity and a service footprint that expands to new geographies in southern states.

  • International market to get taste of Babies’R’Us’ Scrumptious line by Heidi Klum

    WAYNE, N.J. — Babies”R”Us is getting ready to give its exclusive Truly Scrumptious line designed by Heidi Klum the international treatment.

    Following Truly Scrumptious’ successful U.S. launch in fall, the retailer decided to roll out the line of products for babies and children in more than a dozen countries outside the U.S. beginning early 2013.

  • Rite Aid same-store sales down 3% in Q3

    Camp Hill, Pa. — As expected, Hurricane Sandy left its mark on Rite Aid's monthly sales as the chain reported a decline in comps for November.

    The company said the 3% decrease in same-store sales for the five-week period ended Saturday included a 0.5% decrease in front-end comps and a 4.2% decrease in pharmacy comps, while same-store prescription count increased 2.2% compared with the same time last year.

  • Big brands to benefit from digital gifting deal

    PORTLAND, Maine — CashStar, a leading digital gifting company, has partnered with celebrations site Punchbowl.com, which enables its consumers to embed eGift Cards in their digital greeting cards.

  • Dick's Sporting Goods to pay special dividend ahead of fical cliff

    New York -- Dick’s Sporting goods will pay $2 special dividend before year end in a move to help investors avoid what are presumed to be higher dividend tax rates in 2013 and beyond.

    The dividend payment will be made from cash on hand, according to the company.

  • CVS/pharmacy adds new health, shopping features to CVS mobile suite

    Woonsocket, R.I. — CVS/pharmacy has introduced a variety of new features to its mobile suite, which consists of the CVS mobile app and a mobile-optimized website at m.CVS.com.

    The new features range from health resources that make it easier to schedule immunizations and identify pills, to a sleeker look and feel for the CVS Mobile app that makes mobile shopping a snap.

  • PureFormulas.com appoints new CMO

    MIAMI — PureFormulas.com, an online health supplement e-retailer, has appointed Daniel Moure as its new CMO.

  • Target exec joins Verizon board

    NEW YORK — Verizon Communications has elected Kathryn A. Tesija, EVP of merchandising and supply chain at Target to the Verizon board of directors, effective immediately.

    "Kathee Tesija brings to Verizon her valuable consumer insight as well as significant experience in managing the complex, large-scale, global retail functions of merchandising and supply chain," said Lowell C. McAdam, Verizon chairman and CEO.

    The addition of Tesija brings Verizon's total board membership to 12.

Related Topics

X
This ad will auto-close in 10 seconds