News

Mooresville,  N.C. -- Sales at Lowes.com are running about 35% ahead of last year, according to CEO Robert Niblock, who spoke to analysts during the retailer's recent Analyst and Investors Conference. Still, the Mooresville, N.C.-based home improvement giant has ideas on how to improve its digital business.

During the event, Niblock explained an important part of the retailer's vision: "Whenever, wherever the customer wants to interact with us, we're going to try and make it convenient for them."
 

Dublin, Ohio -- Pharmaceuticals distributor Cardinal Health said Tuesday it renewed a deal to provide drugs to Walgreens’ pharmacies through 2013.

Cardinal Health did not disclose terms of its agreement with the chain. The companies renewed their deal early, as their last contract was signed in early 2008 and was set to last for three years.

Tampa, Fla. -- Retail consultants RPE announced the successful implementation of retail applications from JDA Software Group at Vineyard Vines. The specific applications were chosen to quickly address concerns relative to inventory control, business intelligence/analysis and point-of-sale.

Hingham, Mass. -- The Talbots on Tuesday said its third-quarter profit rose 17% on cost-cutting. But its revenue fell and the retailer offered weak fourth-quarter guidance and cut its full-year outlook.

Dallas -- Alliance Data Systems Corporation, provider of loyalty and marketing solutions derived from transaction-rich data, announced it has signed a multi-year renewal agreement with Arhaus Furniture -- a high-end retailer of quality, customizable home furnishings and accessories -- to continue providing turnkey private label credit-card services for Arhaus' retail locations.