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Walmart to Ditch CVS Caremark in 4,700 Stores
January 16, 2019 • Drug & HBC Insight

In a dispute over reimbursements, Walmart has stated that it will leave the prescription network administered by the pharmacy-benefits division of CVS Health. Publicly, there’s finger pointing on both sides, but at its most basic, CVS seems unwilling to pay […] ↓ Read the rest of this entry…

Coming Soon: 2 Million More Sq. Ft. of Empty Space
January 15, 2019 • Commercial Real Estate Insight

And it’s not Sears we’re talking about here. All signs point to The Gymboree Corporation filing for Chapter 11 bankruptcy for the second time since 2017. The move could come as early as this week, and most observers are betting […] ↓ Read the rest of this entry…

Another 900+ Stores May Close (and It’s Not Sears)
January 15, 2019 • Apparel & Department Insight

We’ve been here before with Gymboree Group, but this time, it may just be the end of the road. Reports have surfaced that the retailer will file for Chapter 11 bankruptcy as early as this week (its second filing in […] ↓ Read the rest of this entry…

Target Wins the Holidays, Department Stores Struggle
January 11, 2019 • Discount & Specialty Insight

Holiday 2018 performance data is streaming in, and Target has emerged as the big winner. Same store sales were up 5.7% for the 9-week holiday period ending January 6, and that’s on top of a 3.7% boost a year ago. […] ↓ Read the rest of this entry…

Stop & Shop Scoops Up America’s 1st Supermarket
January 10, 2019 • Grocery & Convenience Insight

In an acquistion expected to close in the first quarter, Ahold Delhaize and Stop & Shop are acquiring Long Island’s family-owned King Kullen Grocery Store Co., which lays claim to opening the first modern supermarket in the United States. With […] ↓ Read the rest of this entry…

Breaking News: Sears Lives to Fight another Day
January 8, 2019 • Apparel & Department Exclusive

The company that became the nation’s largest retailer as Sears, Roebuck & Co. was poised this morning to end its century-old presence as a fixture in small towns and suburban malls, according to reports. But instead of asking a federal […] ↓ Read the rest of this entry…

CVS, Powered by Teledoc, Increases Video Visits
December 31, 2018 • Drug & HBC Exclusive

Last week, CVS, under the auspices of MinuteClinic, the company’s retail medical clinic with more than 1,100 locations, expanded its virtual healthcare program to New Mexico and Wyoming. Designed for consumers with minor illnesses and injuries, the MinuteClinic Video Visits […] ↓ Read the rest of this entry…