Top Retailers

CVS Health opens Fort Bragg training facility
WOONSOCKET, R.I. — CVS Health has opened a new Talent Connect Center that will serve the Fort Bragg, N.C. military community as part of the newly dedicated Fort Bragg Career Resource Center. The center serves as a skills-focused employment training facility that connects service members leaving active duty with companies who can offer training and employment.
Fred’s promotes Jenne to CFO
MEMPHIS, Tenn. — Fred’s Pharmacy has promoted one of its own to lead the company’s finances. The company on Wednesday named Jason Jenne EVP and CFO, effective immediately, succeeding outgoing CFO Rick Hans, who it said was departing to pursue other opportunities.

Target CEO notes dip in Hispanic shopping, outlines retailer’s strengths at tech conference

ASPEN, Colo. — At Fortune’s Brainstorm Tech Conference here, Target CEO Brian Cornell sat down to discuss the company’s strategy to reach its consumers and where it sees itself in the retail landscape — touting the key role its store base plays in its business even as it builds up its digital infrastructure. He also emphasized the company’s connection with its shoppers — and noted a sizeable dip in shopping activity among Hispanic consumers in the United States in the past several months.
Alibaba’s Hema melds online, offline grocery

HANGZHOU, China — Alibaba has stepped up its efforts to combine physical retail with online in the supermarket space.
Walmart opens new Florida e-commerce fulfillment center

BENTONVILLE, Ark. — Walmart is bringing 1,500 jobs to Florida as it continues to expand its e-commerce fulfillment network.
CVS Health pledges $250K for opioid abuse treatment center near HQ

WOONSOCKET, R.I. — CVS Health is teaming up with Rhode Island Gov. Gina Raimondo to help open an opioid Center of Excellence here, where the company has its headquarters, in an effort expand access to medication-assisted treatment. The company has committed $250,000 to the Community Care Alliance to open and operate the Woonsocket Center.
Walgreens adds Sleek MakeUP to exclusive beauty lineup

DEERFIELD, Ill. — Walgreens on Monday announced the addition of Sleek MakeUP, one of the fastest growing mass market cosmetics brands in the U.K., to its beauty offering at more than 150 stores and on Walgreens.com.
Target gets unexpected sales boost

MINNEAPOLIS — Target on Thursday surprised the industry and investors with some good news.

The discounter updated its guidance and said that as a result of improved traffic and sales trends through the first two months of the quarter, it expects to report a modest increase in its second quarter same-store sales. Target previously said it expected a decline.
Back-to-school season brings new services, tools to Walmart

BENTONVILLE, Ark. — Walmart is making it easier for parents to stay on their game during this year's back-to-school shopping season.

According to Deloitte, this year's season is expected to be a strong one and start early. Walmart is rolling out new services to help shoppers easily find what they are looking for — in stores and online.
Walmart’s tech incubator holds virtual commerce contest

BENTONVILLE, Ark. — Walmart’s technology incubator — called Store No. 8 — is on the hunt for cutting edge virtual reality (VR) solutions.

In an effort to uncover new VR applications — and innovative ways to apply the technology to commerce — Walmart’s Store No. 8 is partnering with Thrive Global and Accenture to create a nationwide competition for developers. Called Innov8: V-commerce, the contest invites start-up companies to submit ideas that have the potential to change the way people shop and live, according to Walmart.