News

Technology continues to transform every aspect of society and the delivery of health care is no exception with Smart Care Doc branded clinics inside select Walmart stores now offering patients the ability to video conference with doctors.

BCS Global and Telemed Ventures this week announced they had teamed up to deliver deliver “cloud-based managed visual collaboration services” to Walmart’s Retail Clinics. Telemed operates Walmart clinics under the Smart Care Doc brand and BCS Global is provider of videoconferencing services.

New York -- Private equity firm Madison Dearborn Partners has purchased Things Remembered from Bruckmann, Rosser, Sherrill & Co. (BRS) and GB Merchant Partners for $295 million.

People today seamlessly integrate the use of all types of technologies in their lives, including the way they shop – at any time, at any location. As a result, they are more informed and selective about the products and services they want and use, and are more empowered towards the industries that serve them.

CINCINNATI — Macy's Inc. has invested in the future of America, by hiring more than 1,000 college and university students for its Executive Development Program and for summer internships nationwide.

FORT WORTH, Texas — A Thursday report by Reuters said that RadioShack will take a 49% stake in a joint venture with Cybermart to open small-format, RadioShack-branded stores in greater China.

Cybermart, an affiliate of Hon Hai Precision Industry Co., and RadioShack will open their first location in Shanghai in July. Additional locations are planned for mainland China, as well as Taiwan, Hong Kong and Macau.

PLANO, Texas — JCPenney has announced several promotions and additions to its merchandising, operations and investor relations areas.

“We’re rethinking every element of the retail business and there's no better way to re-imagine the possibilities than to tap the proven abilities of our own extraordinary talent along with the fresh perspectives offered by industry experts new to our organization,” said CEO Ron Johnson.

Birmingham, Ala. -- Hibbett Sports announced that Scott J. Bowman has joined the company as senior VP and CFO effective July 9. He will replace Gary Smith, whose retirement is effective July 8, 2012.

Bowman was most recently division chief financial officer – Northern Division for The Home Depot, a position he has held since 2006.
 

Duckwall-ALCO Stores on Friday reported a 1.7% first quarter same-store sales increase that was regarded as an improvement for the company, but light relative to figures posted by retail leaders.