News

CAMP HILL, Pa. — Rite Aid is launching a six-month, nationwide health-and-wellness campaign to mark its 50 years of operation, the retail pharmacy chain said Wednesday.

RA50, as the new campaign is called, began Wednesday near the company's headquarters in Camp Hill, Pa., and will move on to the Pennsylvania state capital of Harrisburg Thursday through Saturday. Afterward, it will move on to Baltimore; Philadelphia; Pittsburgh; Scranton, Pa.; Cleveland; Detroit; Portland, Ore.; Los Angeles; Atlanta; Norfolk, Va.; and New York.

Pittsburgh -- American Eagle Outfitters Inc. said Wednesday that its board declared a special cash dividend of $1.50 and a regular quarterly dividend of 11 cents.

The retailer said the total cash dividend of $1.61 will be paid on Oct. 10 to shareholders of record as of Sept. 26.

American Eagle said the dividends are part of its cash strategy to invest in the company, while still returning profits to its shareholders.
 

PHOENIX and MIAMI — Visitors to Walmart this fall have the opportunity to learn about Straight Talk Wirelsss and support the Make-A-Wish foundation in the process.

The company announced that for every shopper who participates in a demonstration of a Straight Talk Wireless Android smart phone. it will donate $1 to Make-A-Wish, with the ultimate goal of $1,000,000. The event will take place over four consecutive Saturdays starting September 22, 2012 at over 3,000 participating Walmarts under the banner "One Minute One Million."

SAN FRANCISCO — Gap Inc. is celebrating the 35th anniversary of Gap Foundation at a special gathering at the company's San Francisco headquarters on Sept. 13.

“We’re proud to celebrate 35 years of Gap Inc. employees fulfilling the promise made by Doris and Don Fisher to ‘do more than sell clothes,’” said Bobbi Silten, president of Gap Foundation. “It’s an exciting milestone for everyone involved with the company.”

Thorofare, N.J. -- Supply chain solution-provider Checkpoint Systems said Wednesday it has been chosen by Tesco to implement a global EAS program to improve on-shelf availability of products, open merchandising and the consumer shopping experience.

PURCHASE, N.Y. — PepsiCo announced that its current president is resigning from his post.

Washington, D.C. -- The National Retail Federation told a congressional panel Wednesday that the Departments of Health and Human Services, Labor and Treasury have used too much informal guidance and not enough formal rulemaking in developing regulations to implement the new healthcare reform law, complicating retailers’ and other employers’ ability to plan for what will be required in 2014. NRF is concerned that the situation is the latest example of regulatory uncertainty that is hampering businesses’ attempts to expand and create jobs.