News

CVS/pharmacy brings hearing, optical services in-store
CVS Health on Monday announced that it is opening Hearing Centers in seven CVS/pharmacy stores in the Dallas and Cleveland markets and will be providing optical services at CVS/pharmacy in five store locations around the Baltimore/Washington, D.C. market.
Another reason for shoppers to buy at Container Store
The Container Store attracts a lot of loyal customers, and soon those shoppers will have another reason to buy more closet organizers and kitchen jars, thanks to a partnership with Synchrony Financial.

The retailer announced a new, multi-year agreement with Synchrony Financial to offer a private label credit card program for customers. The card will be available for use in the retailer’s stores and online and is scheduled to launch in the spring of 2016.

Meijer finds a prescription for growth with new president

Midwestern discounter Meijer is looking to a former store pharmacist who worked his way up in the company to take over the reins as president.

The company announced that Rick Keyes has been appointed as president of the Grand Rapids, Mich.-based retailer. Keyes, who joined the company 26 years ago as a pharmacist in Columbus, Ohio, takes the reigns of the multi-state Midwestern retailer after this week's announcement that J.K. Symancyk is leaving the company to join a Texas-based retailer.
Confirmation: How to save $Millions in Energy Costs. A Case Study with Saks
Walmart cuts 450 jobs

The importance of expense control at Walmart became evident on Friday when the retailer confirmed it planned to eliminate 450 positions as part of a broader restructuring effort.
Study: Are retailers ready for IoT?

Retailers know the Internet of Things (IoT) is coming and will bring significant changes. But their preparedness for it is less certain.
Security never sleeps at Thorntons

Gasoline/convenience retailer Thorntons Inc. maximizes its customer “convenience” with 24-hour service at many locations. This requires the Louisville, Kentucky-based, 175-store chain to operate robust network security that can handle heavy transaction volume at all times.

“We needed a simple and effective whitelisting (file and application approval) product to prevent outbound Internet access except to desired places,” said David Caudill, VP of IT for Thorntons.
J.C. Penney makes big change to pension plan

Citing favorable market conditions and a desire to “de-risk” its pension plan, nearly 14,000 participants in J.C. Penney’s retirement plan opted to receive lump sum payments.
Newegg steps up its game for holidays

Newegg is looking to be the destination this holiday season for gamers with a new promotion designed to appeal to tech enthusiasts.
Tech Guest Viewpoint: Make Your Move to Mobility the Right Way

The same freedom and flexibility that mobile devices bring to our everyday lives can also be leveraged in the retail environment. Most retailers are inherently aware of these benefits; yet many are still not sure of how or what to implement.

But this is no reason to delay or avoid deploying mobile technology. By adhering to a few basic principles, retailers can successfully integrate mobility into their daily operations, and reap significant benefits as a result.

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