Top 10 Stories of the First Half of 2012
Having past the calendar’s mid-point, we thought it would be interesting to take a look at the most viewed stories of the year to date on Chainstoreage.com. (Based on the results, it’s clear that J.C. Penney is shaping up as THE story of 2012.) Here are the Top 10 stories of the first six months:
1. Walgreens executives outline growth strategies at annual meeting | January 11, 2012
Walgreens’ chairman Alan G. McNally, president and CEO Gregory D. Wasson and executive VP and CFO Wade D. Miquelon outlined the company’s strategies for growth and value creation for shareholders at the chain’s annual shareholders meeting. Read More
2. J.C. Penney pins future on new, three-tiered pricing strategy and in-store shops | January 25, 2012
Ron Johnson, CEO of J.C. Penney, unveiled his ambitious vision for the chain’s future. Read More
3. Retail Store of the Year: And the winners are… | February 9, 2012
The latest jewel in the portfolio of Mexican department store operator Liverpool took top honors in Chain Store Age’s 30th annual Retail Store of the Year design competition. Here is a complete list of the winning projects: Read More
4. Supreme Court rules healthcare mandate can stay; retailers upset | June 28, 2012
The U.S. Supreme Court has just ruled that, while the individual mandate to buy health insurance is unconstitutional, this key part of President Obama’s signature healthcare law can stay as part of Congress’s power under a taxing clause. Read More
5. Walgreens in $6.7 billion deal to acquire 45% stake in Alliance Boots | June 19, 2012
Walgreen Co. said it will pay $6.7 billion for a 45% stake in European health and beauty retailer Alliance Boots, which is based in Nottingham, England, with an option to buy the rest of the company in about three years. Read More
6. J.C. Penney to announce big changes on Jan. 25 | January 19, 2012
J.C. Penney Co. will host a two-part launch event where senior management will outline its much-anticipated plan of transformation on the mornings of Jan. 25 and Jan. 26 in New York City. Read More
7. Avenue Stores closing 96 stores as part of restructuring | May 29, 2012
Avenue Stores announced it has begun the process to close 96 stores over the next three months. Read More
8. Visual merchandising firm sues J.C. Penney | April 27, 2012
Hudson + Broad, a New York City-based visual merchandising firm, is suing J.C. Penney Co. for $40 million. Read More
9. J.C. Penney Transformation: Two Months In | April 2, 2012
J.C. Penney is in the very beginning of its transformation. But the first component of the strategy — a new pricing model that jettisoned hundreds of promotions in favor a three-tier model — in already in place. And not surprisingly, experts are weighing in. Read More
10. Ellen DeGeneres addresses J.C. Penney controversy | February 8, 2012
The popular television talk show host and comedian Ellen DeGeneres said she was “proud and happy” that J.C. Penney remained committed to her after One Million Moms asked the retailer to dump her as a spokesperson because she is gay. Read More