Top Retailers

HOFFMAN ESTATES, Ill. — Kmart is collecting donations for the March of Dimes Foundation for the 30th year in a row, the mass merchandise retailer said Monday.

Kmart said that since 1983, it had raised more than $106 million for the non-profit group, which is focused on the needs of mothers and infants, including $8 million last year.

WOONSOCKET, R.I. — CVS/pharmacy has launched a first-of-its-kind interactive app, delivering a virtual 3-D digital drug store experience for customers using Apple iPads.

DEERFIELD, Ill. — Walgreens is opening its latest New York flagship store in the Empire State Building, the retail pharmacy chain said Friday.

The store, scheduled to open Saturday at 10 a.m., will include an enhanced pharmacy designed to encourage greater interaction between pharmacists and patients, a health guide to help customers find health-and-wellness products and healthcare services ranging from immunizations to health tests. An "Ask Your Pharmacist" desk, private consultation rooms and Express Rx kiosks are included as well.

SALT LAKE CITY — American Stores founder Sam Skaggs died of natural causes at his home Thursday, according to a report in the Salt Lake Tribune. He was 89 years old. 

Retail pharmacy was the family business. Skaggs was the grandson of Safeway founder Marion Skaggs. And his father, Leonard Skaggs, operated PayLess Drug Stores since 1939. 

MINNEAPOLIS — About $209.3 million worth of Target Corp.'s debt has been put up for sale as the company moves to refinance $679 million worth of debt due between 2028 and 2031, the mass merchandise retailer said.

Target announced plans to purchase $170 million in 6.75% debentures due 2028, $154.9 million in 6.65% debentures due 2028 and $354 million in 7% debentures due 2031.

The company said the $209.3 million tendered so far represented 20.31%, 25.22% and 38.32% of the totals of the three respective security titles.

MINNEAPOLIS — Supervalu on Friday named several executives to the company's leadership team one day following the closing of its divestiture of five retail banners to AB Acquisition. 

Walgreens and Alliance Boots entered into a 10-year contract with wholesaler AmerisourceBergen on sourcing pharmaceuticals last week. But that's not all. Besides the long-term contract, Walgreens and Alliance Boots will have the option on a potential 23% equity stake in ABC in three years. 

Google is offering a service called Google Shopping Express, which would offer same-day delivery from brick-and-mortar stores in the San Francisco Bay Area to the Internet giant's employees. Target and several other retailers have been named as possible partners.