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RETAIL NEWS

  • Rhinomed's new snore-relief product Mute debuts in Walgreens, Duane Reade

    MELBOURNE, Australia - Rhinomed on Tuesday announced the U.S. debut of its Mute snoring and sleep technology in select Walgreens and Duane Reade stores across the U.S.

    Made from ultra-soft medical grade polymers, Mute is a new over-the-counter product developed by a team of specialists to alleviate the severity and incidence of snoring. Clinically proven to increase nasal air-flow during sleep by an average of 38% when compared to nasal strips, the discreet dilator fits into the nose and opens the airway.

  • Study: How to boost store conversion and traffic

    Retailers are always asking how they can increase the numbers of shoppers who visit and buy goods at their stores.
     

  • Report: Twitter says ‘bye bye’ to buy button

    Twitter, which has been piloting an embedded buy button in tweets since September 2014, is reportedly pulling the plug on the idea.

  • DSN, Mack Elevation host first-ever Future Leaders Summit

    CHICAGO — There are more than 58,000 books dedicated to the subject of leadership for sale on Amazon. Yet, it's still one of the most misunderstood topics in business, Mack Elevation Forum founder and managing director Dan Mack told an audience of almost 150 executives gathered here, Tuesday, at the Chicago Art Institute , setting the stage for the first-ever Future Leaders Summit.
     

  • Fred’s posts 8% total sales lift in Q1, 1% comps increase

    MEMPHIS, Tenn. — Fred’s on Thursday reported its earnings for the first quarter ended April 30, posting an 8% increase in total sales and a net income of $1.3 million. The company saw comparable store sales increase 1% for the first quarter, which is slightly better than the 0.8% increase in comps it posted in Q1 2015. 
     

  • Comps steady in Costco’s Q3

    ISSAQUAH, Wash. — Costco on Thursday reported the results of its third quarter and the year-to-date sales, bringing in $26.15 billion in net sales during the quarter and $80.34 billion in sales so far this year.
     
    The company’s U.S. comparable store sales for the quarter saw a 0% increase and a 2% increase for the first 36 weeks of the year. Without the effects of gas price deflation and foreign exchange, quarterly comps were at 3% and YTD comps were at 4%.
     

  • Q1 comps, profit increase at Dollar General

    GOODLETTSVILLE, Tenn. -- Dollar General reported a 2.2% lift in same store sales for the first quarter as the discounter said sales of consumables led growth in the period.

  • Walgreens celebrates Red Nose Day by ringing Nasdaq Opening Bell

    NEW YORK — Walgreens VP corporate operations Skip Bourdo, alongside Comic Relief trustee Christy Gibb, literally rang in Red Nose Day 2016 — the charity’s annual fundraising campaign  to help children in the poorest areas of the U.S. and the world — by ringing the Opening  Bell at the Nasdaq Stock Market’s Times Square headquarters. Representatives from NBCUniversal and Mars Chocolate North America were also in attendance.
     
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