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RETAIL NEWS

  • Fred's continues on transformation pathway with 0.8% lift in May comps

    MEMPHIS, Tenn. — Fred’s on Thursday reported a 3.1% decline in total sales for the four-week fiscal month of May, which ended May 27, 2017, to $160.1 million. The decrease in sales is related to the closure of 39 underperforming stores in the first quarter, the company reported.

  • Albertsons names Lupin’s InspiraChamber its preferred aerosol therapy chamber

    UMBAI, BALTIMORE and BOISE, Idaho — Albertsons and Lupin Pharmaceuticals announced a new partnership that would bring Lupin’s InspiraChamber to all of Albertsons’ banner pharmacies as the retailer’s preferred inhaled aerosol therapy chamber.

    The holding chamber will be available at the more than 1,7000 pharmacies in the 35 states that Albertsons operates, the companies said.

  • OlivinoLife introduces supplement based on Mediterranean Diet

    DAVIS, Calif. — OlivinoLife on Wednesday launched Olivino, the first Mediterranean Diet supplement, according to the company. Olivino combines non-GMO bioactive ingredients derived from Mediterranean Diet staple foods including olives, grapes and tomatoes.

  • CVS Pharmacy opens first Colorado retail location

    WOONSOCKET, R.I. — CVS Pharmacy has opened its first standalone store in the Centennial State. CVS Pharmacy executives celebrated the grand opening of the new store in Parker, Colo. — the first of three slated to open in the greater Denver market this year — with state Sen. Jim Smallwood and state Rep. Kim Ransom.

  • BJ’s Wholesale Club makes 2 key digital hires

    WESTBOROUGH, Mass. — BJ's Wholesale Club has tapped two experienced retailers to drive its digital innovation and omnichannel strategy.

    BJ's announced that Scott Kessler has been named EVP, CIO, effective immediately. He succeeds Peter Amalfi, who plans to retire later this year.

  • Study: Hospitalized flu patients who never got vaccinated are twice as likely to die

    ATLANTA — A new study in the journal Clinical Infectious Diseases found that flu vaccination reduced deaths, intensive care unit admissions, ICU length of stay and overall duration of hospitalization among hospitalized flu patients. This study is an important first step in better understanding whether flu vaccines can reduce severe flu outcomes even if they fail to protect against infection.

  • Nielsen expands relationship with Family Dollar

    NEW YORK — Nielsen announced Wednesday that it has expanded its relationship with Family Dollar as the architect and exclusive provider of Family Dollar's Trading Area and custom product hierarchy.  

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