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RETAIL NEWS

  • Walgreens boosts Red Nose Day awareness through series of YouTube videos

  • Jean Coutu posts Q4 revenue gains of 11.7%

    VARENNES, Quebec — The Jean Coutu Group on Thursday reported revenue increases of 11.7% to $579 million for the fourth quarter ended March 4.

    "Our network's retail sales have grown significantly over the last 12 months," stated François Coutu, president and CEO, The Jean Coutu Group. "In the coming year, we will continue to implement our strategic plan and make every effort to continue our growth."

  • Former Walmart exec joins Ecoark board

    ROGERS, Ark. — Holding company Ecoark on Thursday announced the addition of two members to its board of directors. Joining the board is Steve Nelson, a former VP, controller of Dillard’s, and Susan Chambers, who retired from her position as Walmart’s chief human resources officer in July 2015.
     

  • Report: Retailers move toward giving associates mobile solutions

    BOSTON — More retailers are putting mobile devices into their associates’ hands.

    Momentum is so strong that within three years, 89% of retailers will give their associates access to mobile solutions, according to “The Mobile World of Retail,” a report from Boston Retail Partners. BRP surveyed the top North American retailers to explore the current state of how mobile technology is shaping retail capabilities, priorities and processes.

  • Report: Hy-Vee to pilot format tailored to online shoppers

  • CRN's Supplement OWL VMS label registry now open to regulators, retailers

    WASHINGTON — One year after the project was formally announced, the Council for Responsible Nutrition's Supplement OWL initiative became a reality on Thursday as the online product registry is now live. Serving as a resource for regulators, retailers and industry, the OWL is an industry-wide, self-regulatory initiative that will help create a rich and more complete picture of the marketplace, and can be accessed by anyone.

  • Walmart makes money transfers more affordable

    Walmart is making its cheaper and faster for its customers to send money.
     
    The retailer is adding new “rollback” fees to its Walmart2Walmart money transfer program. The new fees, beginning Wednesday, April 26, save customers between 20% and 90% on cash transfers versus the leading competitor, according to Walmart.  For example, shoppers sending $250 will pay $8 through the new program, compared to fees that could range between $12.50 and $24 on Western Union, the retailer reported.
     

  • Albertsons names Geoff White own brands president

    BOISE, Idaho — Albertsons has tapped Geoff White as president of the company's own brands organization. In this newly created role, White will lead the own brands team, including the culinary kitchen and technical center. He will be charged with furthering the growth, development and innovation of the company's own brand products, including O Organics, Lucerne, Open Nature and the extensive line of Signature products.

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