It’s time for a Friday evening QuickWit, short and sweet. Interesting news on the CVS and Microsoft partnership, as we have seen Microsoft successfully partner with other retailers already (i.e. Kroger with KPM). Additionally, Ahold seems to be on the upswing as Food Lion added a significant number of new stores this year.
Happy weekend all!
CVS Health & Microsoft announce strategic alliance
Since the start of the COVID-19 pandemic, organizations in every industry health care in particular have grappled with the need to adapt quickly. CVS Health is going to outsource some of the heavy lifting as they have launched a new strategic alliance focused on developing innovative solutions to help consumers improve their health. This move will empower over 300,000 CVS Health employees with tools to better serve more than 100 million people.
Food Lion opens their 75th store of the year
Food Lion currently operates 1,100 stores, and has been expanding – opening 75 stores so far this year. A division of Ahold Delhaize USA, these new stores feature an extensive product assortment, including fresh in-store made sushi, a self-service hot and cold food bar, in-store fresh-cut fruit and a wide variety of affordable and easy “grab-and-go” options for meal solutions.
Macy’s considering splitting their digital business
Macy’s has said that online sales are typically two to three times higher in markets where it has stores versus those where it has no presence. There is strong consideration for the retailer as they consider spinning off their e-commerce unit as a standalone business.
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