1. Channel: Drug

Walgreens to close 1,200 stores

Written by Posted on Less than 0 min read

The drugstore retailer’s plans reverse its expansion ambitions from a few years ago, when the company attempted to merge with rival Rite Aid.

View Original Article
Member since
Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app cover topics such as the future of brick-and-mortar, retail technology, e-commerce, marketing, payment technology, in-store operations, omnichannel shopper journey, and more. Retail Dive is a leading industry publication operated by Industry Dive. Our business journalists spark ideas and shape agendas for 7+ million decision makers in the most competitive industries. https://www.retaildive.com/
Do you like RetailDive's articles? Follow on social!

More from RetailDive

  1. Trends & External Forces

Hobby Lobby to raise starting pay to $19.25 per hour

The arts and crafts retailer has continued opening stores despite inflation’s effects on consumer discretionary spending. View Original Article Consumers Brick and Mortar Economy RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, […]
< 1 min read
0
  1. Associates & Employees

Ikea remodels remote work with paid positions for Roblox store

The Swedish retailer is offering jobs to 10 people to staff the digital space and drive real-world recruitment. View Original Article Associates Gaming RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and […]
< 1 min read
0
  1. Media & Marketing

CVS Pharmacy introduces 2-tiered loyalty program

​[[“value”:”The drugstore retailer is offering a free tier and another that costs $5 per month, touting perks like discounts, same-day delivery and other incentives.”]]  View Original Article Delivery CVS Dept. Pharmacy Marketing: Loyalty & Subscription Marketing: Trade Pricing & Promotions RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism […]
< 1 min read
0
  1. Department: Consumer Durables

The Weekly Closeout: Stitch Fix adds stylist profiles, NRF and RILA respond to overtime rule block

The apparel box retailer is introducing customers to the brains behind its boxes while retail organizations express relief to a ruling on overtime pay. View Original Article Dept. Apparel RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. […]
< 1 min read
0
  1. Owned Brands (Private Label)

Target adds low-price private label brand

Dealworthy includes everyday basics and expands the retailer’s assortment of items that cost less than $1. View Original Article Target Merchandising Owned Brands (Private Label) RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, […]
< 1 min read
0
  1. Corporate Strategy

Wayfair revenue down 1.7% in Q2 as category remains challenged

But the online home goods retailer was able to narrow its losses and CEO Niraj Shah said a turnaround in the sector could be on the horizon. View Original Article Executives Dept. Nonfood RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and […]
< 1 min read
0
  1. Holiday & Events

Old Navy, Gap lead comeback as Athleta drags

Ending the year with a holiday performance that beat expectations, Gap Inc. gained market share for the eighth straight quarter. View Original Article Holiday & Events RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email […]
< 1 min read
0
  1. Corporate Strategy

Claire’s CEO exits

Ryan Vero stepped down from the role, while the company tapped its current CFO-COO, Chris Cramer, for the interim chief executive position. View Original Article Executives RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email […]
< 1 min read
0
  1. Trends & External Forces

Beyond’s revenue falls nearly 17% in Q3

The company said it wants to reduce fixed expenses by an annualized $65 million heading into 2025. View Original Article Predictions and Forecasts RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and […]
< 1 min read
0
  1. Holiday & Events

Nordstrom raises 2024 guidance following holiday boost

Despite concerns going into the holiday season, the company’s namesake banner and Nordstrom Rack both reported sales and comps growth. View Original Article Holiday & Events RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, […]
< 1 min read
0
  1. Department: Food

Kendra Scott expands fine jewelry offering with lab grown diamond collection

The jewelry company said it was a “natural category addition” that allows it to offer high-end jewelry at more affordable prices. View Original Article Dept. Natural / Organic RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The […]
< 1 min read
0
  1. Department: Consumer Durables

Destination XL gets offer to go private

The big and tall men’s apparel retailer “would be far better served” as a private company, Fund 1 says. View Original Article Dept. Apparel RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, […]
< 1 min read
0
  1. Department: HBC

The Weekly Closeout: Lush hurls bath bombs in DEI fight, Athleta expands athlete roster

The beauty brand made a statement with its bestsellers, while the activewear company welcomed two WNBA athletes to its Power of She Collective. View Original Article Dept. HBC RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email […]
< 1 min read
0
  1. Operations & Supply Chain

Reebok’s US operations acquired by Galaxy Universal

Under new ownership, the company plans to open more full-price or experiential stores, according to a Reebok executive.  View Original Article Executives Operations & Supply Chain Brick and Mortar RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The […]
< 1 min read
0
  1. Department: Consumer Durables

New York Stock Exchange moves to delist apparel retailer Express

Concerns about the company’s long-term financial health have continued to surface over the last year. View Original Article Results & Investment Health & Wellness Dept. Apparel RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email […]
< 1 min read
0
  1. Media & Marketing

Shein, Temu have high customer overlap with TikTok Shop: report

Even while facing a potential ban in the U.S., an Earnest Analytics report finds the platform is dominating social shopping.  View Original Article Data & Insights Marketing: Social Media Shoppers social commerce TikTok ESG and CSR RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most […]
< 1 min read
0
  1. Uncategorized

GameStop raises $933M from stock sale

The funds could go toward acquisitions or investments, which may be important as its core business shrinks. View Original Article RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app cover topics such as the future […]
< 1 min read
0
  1. Stores & Formats

Miniso opens at American Dream Mall

The company continues to grow its store footprint in the U.S. and abroad following a surge in sales last year. View Original Article Brick and Mortar RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, […]
< 1 min read
0
  1. Stores & Formats

BuyBuy Baby to close all stores less than a year after relaunch

​[[{“value”:” Dive Brief The company said the move will allow it to transform “into a digital-first brand, focusing all our energy on providing an exceptional online shopping experience.” Published Oct. 18, 2024 A new BuyBuy Baby storefront in New Jersey. After moving to repopen about a dozen stores in late 2023, the company in October said […]
< 1 min read
0
  1. Corporate Strategy

Mike Ullman, former J.C. Penney CEO and ‘unsung hero’ of retail, dies

Ullman was a graduate and benefactor of the University of Cincinnati and a low-key yet powerful retail executive throughout the decades. View Original Article Executives RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, […]
< 1 min read
0
Next