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RETAIL NEWS

  • Walgreens CEO: Retailer seeing the results of its front-end transformation

    NEW YORK — Walgreens Boots Alliance needs to “rethink its approach and do something radically different” in the front end, EVP and CEO Stefano Pessina said Tuesday during a question-and-answer session at the UBS Global Healthcare Conference at the Grand Hyatt here.

  • Bluemercury’s brick-and-mortar strategy paying off

    Someone forgot to tell Bluemercury about the slowdown in physical retail. 
     
    The beauty retailer, which was purchased by Macy’s in 2015, plans to open some 40 stores in 2017, according to a report by the Chicago Tribune, including six in Chicago. Currently, it has nearly 200 locations nationwide. 
     
  • Albertsons grows digital team with 2 hires

    BOISE, Idaho — Albertsons has made some key hires in expanding its digital capabilities. The company on Tuesday announced that it had brought on Karl Varsanyi as group VP product management and user experience and Ramiya Iyer as group VP IT digital and marketing/merchandising.

  • Target CEO to Congress: A Border Adjustment Tax is a bad idea

    WASHINGTON — Target CEO on Tuesday testified before a House of Representatives committee to discuss why the proposed Border Adjustment Tax, which taxes imports 20% while exempting exports, is a bad idea.

    "Under the new border adjustment tax, American families — your constituents — would pay more so many multinational corporations can pay even less," he testified.

  • Data shows reach of Walgreens’ mental health platform after 1 year

    DEERFIELD, Ill. — In the year since Walgreens launched its mental health initiative and Mental Health America collaboration, the retailer is sharing data on the results and reach of the effort. Roughly three-quarters of visitors to the online platform are taking active follow-up steps, the retailer announced Tuesday, noting that its digital mental health resources also are reaching a broader demographic of consumers.

  • Walmart rolls out new military employee pay policy

    BENTONVILLE, Ark. — Walmart  is stepping up its commitment to its workers who serve in the military by covering the difference when an employee's military salary is less than what the person makes working at the store.

  • CVS Health officially introduces prescription-free naloxone in Arizona

    PHOENIX — CVS Health welcomed Arizona Attorney General Mark Brnovich and State Rep. Heather Carter on Tuesday to officially introduce access to the opioid overdose-reversal medicine naloxone by making it available without a prescription at all CVS Pharmacy locations in Arizona. Pharmacists in Arizona will use prescriptive authority to dispense the life-saving medication to patients without the need for a physician visit to obtain an individual prescription.

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