News

Former Walgreens president, CEO and chairman dies
Charles R. (Cork) Walgreen III, former president, CEO, chairman of the board, and chairman emeritus of the iconic U.S.-based drug store chain Walgreens, died at on Monday, Sept. 26, at his home in Lake Forest, Ill. He was 80.

Walgreen was the grandson of Charles R. Walgreen Sr., founder of the 115-year-old pharmacy retailer that now is included in the Retail Pharmacy USA Division of Walgreens Boots Alliance.
Target shakeup: New chief digital officer is already out
That was fast. Jason Goldberger, the recently promoted chief digital officer of Target Corp., has left the company, effective immediatedly. No reason was given for his departure. Goldberger's responsibilities will be split, with Target CIO Mike McNamara overseeing the website and digital operations, and chief merchandising officer Mike Tritton taking on pricing and promotions.

Special webinar: Workplace violence

Chain Store Age will present a webinar on workplace violence — and how to create an emergency response plan to deal with violent incidents — on Thursday, Sept. 29, at 2 p.m. – 3 p.m. (EDT). The webinar, sponsored by Center for Applied Learning at American Public University System, will present an overview of the different types of workplace violence, best practices for conducting “active shooter” response training for employees and recognizing signs of potential workplace violence and more.
CVS Health delays curbside service launch

CVS Health shoppers have to wait a few more days for curbside pickup. On the eve of launching its new ‘CVS Curbside Pickup’ service, the chain postponed the launch date due to technical difficulties. The drug chain was ready to kick-off its app-based curbside pickup service across is 4,000 locations nationwide on Thursday, Sept. 22. However, due to overuse during the company’s soft-launch, the app became sluggish and orders began piling up.
Data breaches up 15%

If Yahoo’s data breach announcement yesterday is any indication, cyber-attacks are more prevalent than ever — and gaining momentum.
Finish Line had a good run in Q2

The Finish Line Inc. on Friday posted Q2 sales that topped analysts expectations and announced a quicker-than-planned transition for its executive chairman The athletic goods retailer reported a profit of $22.1 million, or 53 cents a share, in line with expectations, down from $25.9 million, or 57 cents a share, a year earlier. Consolidated net sales for the quarter, ended Aug. 31, rose a 5.4% to $509.4 million, better than expected. Same-store store sales increased 5.1%, also topping forecasts.
Tech Bytes: Take the Two-Pronged Approach to Survive a Data Breach

It’s sad, but true: companies are still taking a “don’t ask, don’t tell” stance when it comes to owning up to data breaches.
Office Depot in deal for its European business

Office Depot Inc. has agreed to sell its European business to an investment group. The office-supplies retailer is selling its European operation to German investment firm Aurelius Group. Office Depot Europe operates more than 100 stores in Europe, under such banners as Viking.
Foot Locker, Manhattan
Canal Street Market set to open in Manhattan

A food hall-cum-retail bazaar called Canal Street Market is set to open at the northern edge of Chinatown in downtown Manhattan, just south of SoHo and Tribeca. Developer Philip Chong is claiming the site will be the first combined food and retail experience in this section of New York. A food hall will feature about a dozen options, including Yori Nori, a new concept from the owners of Korila and Mokbar, plus Davey’s Ice Cream and Boba Guy.