News

With second-quarter net revenues up 7.4% to $37.2 billion, CVS Health shows no signs of slowing down.

Rue21 inc. is launching an unconventional philanthropy initiative designed to resonate with the retailer's target market.

Shopko Stores is looking more closely at how it uses store space and how customers fill their baskets.

The retailer has renewed its license of APT’s Test & Learn and Market Basket Analyzer software and APT’s Space Planning Optimizer software. 

Eliminating the multiple nameplates under which Target operates various store types is Chairman and CEO Brian Cornell’s latest move to simplify the retailer’s operations and identity.

Chicago -- Positive economic, retail and consumer trends are setting the stage for a positive back-to-school season, according to consumer insights and location-based analytics provider ShopperTrak.

A new infographic from the company details key trends and also reveals the important role millennials will play in back-to-school shopping.  

New York -- Uniqlo, the fast-growing fast-fashion division of Japan’s Fast Retailing, is expanding its relationship with Disney Consumer Products. The retailer has even chosen a Disney property as the site of its first store in Florida.

Uniqlo on Monday announced a global collaboration with Disney Consumer Products to produce a new line called “Magic for All.”  In addition to new products, the collaboration will include pop-up displays, and in-store and online customer experiences.

Lakeland, Fla. -- Publix Super Markets is racking up another record year even as other grocers, including Whole Foods Market, are struggling under the weight of new competition.

Publix reports that sales for the second quarter were $8 billion, a 6% increase from last year’s $7.5 billion. Same store sales for the second quarter increased 4.1%.

Net earnings were $482.7 million, compared to $404.1 million in 2014, an increase of 19.5%.

Hoboken, N.J. – Newly launched Amazon rival Jet.com promises to deliver the lowest prices available online through a dynamic pricing system that constantly scans the Internet for the best possible deals.

New York -- Friends of Howard Schultz, the outspoken and politically progressive founder and CEO of Starbucks, are urging him to enter the Democratic race for President, according to a report by Fortune.

To read the full story, click here.
 

New York - Barnes & Noble Inc. on Monday completed the separation of its retail store and college businesses.

Following the spinoff, Michael Huseby, former CEO of Barnes & Noble, became executive chairman of Barnes & Noble Education, which will have a separate board of directors.