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RETAIL NEWS

  • Walmart reportedly among Birchbox suitors

    Online subscription beauty retailer Birchbox may be looking to sell itself.
     
    The company has been discussing a potential sale with several retailers, including Walmart, reported Recode. If the discounter were to acquire Birchbox, it would be the chain's fifth e-commerce acquisition since last August. 
     
  • Costco names new chairman

    ISSAQUAH, Wash. — Costco has named one of its longtime directors chairman of its board of directors. The company on Thursday announced the board’s board election of Hamilton “Tony” James to the position.

    James is Blackstone Group president and COO, as well as a member of Blackstone Group Management’s board of directors. He is a member of Blackstone Management Committee and sits on each of the firm’s investment committees. James has been a director of Costco since August 1988, becoming its lead independent director in 2005.

  • TABS Analytics: Brick-and-mortar driving ecommerce growth, especially in VMS

    While everyone is focusing on pure play online giant Amazon, what they are likely missing is how brick and mortar retailers are driving ecommerce sales growth, noted TABS Analytics last week in a blog. "The TABS Analytics 10th Vitamin and Minerals Study revealed that online sales by traditional brick and mortar retailers propelled the market to an all-time high, growing an estimated 6% in the last year to reach $13.5 billion in annual sales," the company reported. "Walmart.com, specifically, had a breakout year for VMS sales. ...

  • SE Grocers takes 'interim' out of president, CEO's title

    JACKSONVILLE, Fla. — Southeastern Grocers on Thursday named Anthony Hucker president and CEO, effective immediately. Hucker has served as interim president and CEO since July 1, 2017.

  • CVS Health sets sights on recruiting older workers

    WOONSOCKET, R.I. — In an effort to differentiate itself, CVS Health is looking to tap into the 24.8% of the workplace the Bureau of Labor Statistics projects will be aged 55 years and older by 2024. The company — which currently has a workforce that is 24% older than 50 years of age — has announced that it’s actively recruiting older employees.

  • APhA provides new pharmacist leadership opportunities

    WASHINGTON — The American Pharmacists Association on Thursday announced a new Leadership360 Institute that provides pharmacists with opportunities to reach full leadership potential while developing management skills necessary across pharmacy settings.

    Institute participants can take part in any or all of the three Leadership tracks including: Lead360, Mentor360, and Manage360. Each track will offer programs to help pharmacists excel in their individual growth, purposeful development and interactions with others.

  • Meijer to host BTS flu-shot campaign

    GRAND RAPIDS, Mich. — Meijer pharmacies across the Midwest are holding Back to School Immunization Events this weekend to help families guard against the flu before classes start.

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