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RETAIL NEWS

  • Target CIO talks deep discounts for Cyber Monday

    In a new post on Target's A Bullseye View blog, Target CIO Mike McNamara explains the reasoning behind the retailer's decision to offer an unprecedented Cyber Monday promotion: 15% off site-wide and store-wide from Nov. 27 to Nov. 28.

    McNamara says the retailer's move to combine stores and online for a more seamless holiday shopping experience marks a new chapter in Cyber Monday history.

  • NRF supports injunction blocking new overtime rule

    A federal judge in Texas issued a preliminary injunction blocking an Obama administration rule that would have allowed more employees to qualify for overtime pay by raising the salary limit to $47,476 from $23,660. The new regulations were set to take effect on Dec. 1.
     
    The Labor Department said it “strongly disagreed” with the decision and was “considering all of our legal options.” 
          

  • Kmart aims to reach $100M mark for children's hospital

    HOFFMAN ESTATES, Ill. — Kmart is striving to hit a major milestone on #GivingTuesday: raising $100 million for St. Jude Children's Research Hospital.

  • Walgreens to offer exclusive 'Walking Dead' toy

    Consumers and fans of "The Walking Dead" can now pick up an exclusive Rick Grimes action figure, along with their shampoo or prescriptions, at Walgreens.

    The drug retailer will carry the McFarlane Toys action figure starting in January. The exclusive 5" Walking Dead Constable Rick Grimes figure will cost $14.99 and come with a snub-nose pistol as an accessory.

     

  • Dollar Tree raises outlook as earnings soar

    Dollar Tree on Tuesday reported a third-quarter profit that more than doubled compared to last year amid lower merchandise and freight costs. The retailer also lifted its guidance for the fourth quarter. 
     
    Dollar Tree’s net income for the quarter, ended Oct. 29, rose to a better-than-expected $171.6 million, or 72 cents a share, up from $81.9 million, or 35 cents a share, in the year-ago period. The prior year included some charges and markdowns related to the Family Dollar business, which Dollar Tree acquired in 2015.

  • Bartell Drugs to bring holiday cheer to local children in need

    SEATTLE — Bartell Drugs is once again partnering with the Salvation Army to provide holiday gifts for children in need by collecting new, unwrapped toys during its 14th annual Salvation Army “Toy ‘N Joy” drive, now through Dec. 20.

    The toy donations will be accepted at 63 Bartell Drugs locations in King, Pierce and Snohomish counties. Toys will be distributed to low-income children and youth the week before Christmas through the Salvation Army’s “toy warehouses.”  

    Donation options include: 

  • Walgreens makes naloxone available prescription-free in La.

    DEERFIELD, Ill. — Walgreens on Tuesday continued its push to make overdose reversal drug naloxone available to patients without a prescription, rolling out the drug’s availability at its more than 150 Louisiana locations. 
     

  • Fred’s to be one-stop-shop for holiday needs

    MEMPHIS, Tenn. — fred’s Pharmacy will offer sales and exclusive coupons at more than 650 locations during its “more merry for less” promotion beginning Thanksgiving Day.

    fred’s will be open on Thanksgiving from 9 a.m. to 5 p.m. Central time and 8 a.m. to 9 p.m. on Black Friday, when customers will be able to purchase a wide variety of holiday-related items, including décor, toys and gifts, electronics and more. These sales will continue through Nov. 26.

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