News

Same store sales increased 2.1% at Rite Aid in May thanks in large part to growth in the retailer's pharmacy division.

Fred's Super Dollar increased sales in May, one month after joining forces with specialty pharmacy operator EntrustRx.

Sam's Club is looking to gain an edge over Costco by overhauling its already first-in-its-category buy online, pick up in store service to appeal to more business customers.

For the third year in a row, Amazon has claimed the top spot in the Reputation Institute’s annual survey of America’s 50 most reputable companies in the retail industry.

The Mother's Day holiday drove up traffic at L Brands, which reported a surge in same store sales for May.

The company reported that net sales increased 5% to $799.1 million for the four weeks ended May 30, compared to net sales of $763.6 million for the four weeks ended May 31, 2014. Same store sales for the four weeks ended May 30, increased 5%.

Walmart has unveiled upcoming changes to its website, stores and employee badges ahead of today's shareholders' meeting in Bentonville, Ark.

According to the Northwest Arkansas Democrat Gazette, Walmart execs told a meeting of employees on Wednesday that it plans to spend at least $1.5 billion in upgrades to its e-commerce sites, store design and employee name badges.

Gap Inc. is eyeing the 110,000-sq.-ft.

The CEO of Best Buy says brick-and-mortar stores are absolutely vital to beating Amazon.com and other retail rivals.

According to MPR News, Best Buy CEO Hubert Joly told students at the University of Minnesota that "the chain's roughly 1,400 U.S. stores allow the retailer to demonstrate new products for customers and deliver the goods faster than Internet-only merchants."

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Target.com won’t beat Amazon.com, but Target will by following three core philosophies the retailer’s top digital executive and Amazon.com alum Jason Goldberger shared with attendees at the Internet Retailer Conference and Exposition.

According to Fortune, CEO Doug McMillon may be the best prepared executive to lead the company since Sam Walton.

The magazine details how McMillon is guiding the retail giant in the Age of Disruption.

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