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RETAIL NEWS

  • Report: 7-Eleven plans major expansion

    The parent company of 7-Eleven wants to more than double its store portfolio in the United States.
     
    Seven-Eleven Japan Co. is looking to open thousands of new stores in the United States, increasing its current total of approximately 8,500 locations to 20,000, The Japan Times reported. 
      

  • Fred’s campaign raises more than $300K for Children’s Miracle Network

    MEMPHIS, Tenn. — Fred’s Pharmacy on Friday announced that its annual spring campaign raised $330,000 for Children’s Miracle Network (CMN) Hospitals. Fred’s said its customers donated money for 39 CMN Hospitals across the country. 
     

  • Meijer home delivery service steps up hiring game

    Less than a week after Shipt launched its grocery delivery service in Detroit with Meijer, the app-based service announced it will hire 200 additional associates to manage order fulfillment and deliveries.
     

  • OTA survey: Millennials lead other age groups in organic purchasing, trust

    WASHINGTON — A new survey from the Organic Trade Association is highlighting the shopping habits of parents, in particular millennial parents. The survey also found high rates of trust for the organic label among millennial parents.  
     
    The group of 18- to 34-year-olds represents about 52% of the nation’s organic buyers, according to the survey. In contrast, Generation X parents born between 1965 and 1980 made up about 35% of organic buyers and Baby Boomers represented 14% of organic buyers. 
     

  • Data breaches up 15%

    If Yahoo’s data breach announcement yesterday is any indication, cyber-attacks are more prevalent than ever — and gaining momentum.
     

  • College of Pharmacists of BC remove all barriers to sale of naloxone

    VANCOUVER, British Columbia - The College of Pharmacists of BC on Wednesday switched naloxone, the life-saving drug used to reverse the effects of an opioid overdose, from a Schedule II drug to one that is unscheduled and widely accessible.

    As such, naloxone is now available outside of pharmacies.

  • CVS Health approves quarterly dividend

    WOONSOCKET, R.I. - CVS Health on Thursday announced that its board of directors has approved a quarterly dividend of 42.5 cents per share on the corporation's common stock.

    The dividend represents a 21.4% increase as compared to the quarterly dividend of 35 cents per share approved one year ago.

    The dividend is payable on Nov. 3, 2016, to holders of record on Oct. 24, 2016.

  • Study: Online growth to remain modest this holiday season

    E-commerce may lose some appeal among shoppers this holiday season.
     
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