NACORE 28th Annual Symposium & Exposition to be rescheduled
Sep 19, 2001
Nashville, Tenn. – The NACORE International Board of Directors has announced that the 28th Annual Symposium & Exposition scheduled for September 22-25, 2001 in Nashville, Tenn., will not be held as originally planned...
Drugstore.com to endure until 2004
Sep 18, 2001
Bellevue, Wash. – The aggressive cost cuts made by locally based drugstore.com during the past year will allow it to continue operating at least until 2004. Earlier this year, the company cut nearly 30% of its work force and scaled back its...
Research firms to gather Wal-Mart data
Sep 18, 2001
Bentonville, Ark. – Three months after locally based Wal-Mart said it would stop sharing its sales data to third-party gatherers, two market research firms are now asking consumers to help compile information about merchandise sold at Wal-Mart...
Manhattan market loses major retail hub
Sep 17, 2001
New York - The retail sector in lower Manhattan will soon feel the effects of Tuesday's terrorist attack on the World Trade Center. The destruction of the gigantic complex included its retail component, the 427,000 sq. ft. Westfield Shoppingtown...
BJ’s Wholesale to test pharmacy centers
Sep 17, 2001
Natick, Mass. – Locally based BJ’s Wholesale Club recently said it would begin testing pharmacy departments in new stores scheduled to open in Atlanta next spring and in stores near its headquarters. The retailer’s chief competitors, Issaquah...
CVS settles Medicaid suit
Sep 13, 2001
Woonsocket, R.I. – Locally based CVS Corp. is shelling out $4 million to settle a series of lawsuits that claim the retailer overcharged for partial-fill prescriptions covered by Medicaid and other federal and state insurance programs...
Jones Lang LaSalle names chief operating officer
Sep 13, 2001
Chicago – Locally based Jones Lang LaSalle Inc. recently announced that the board of directors named Peter Roberts as the firm's EVP and chief operating officer, effective January 1, 2002. In his new role, Roberts will oversee operating, planning...
Ahold reports strong 2Q
Sep 12, 2001
Zaandam, Netherlands – Locally based Royal Ahold NV recently reported earnings of $294.7 million in the second quarter, an increase of 26.4% from earnings of $233.1 million in the prior-year period...
PREIT announces death of chairman
Sep 12, 2001
Philadelphia – Locally based Pennsylvania Real Estate Investment Trust (PREIT) has announced that the chairman of the company, Sylvan Cohen, died on Saturday, September 8, 2001. He was 87...
August same-store retail sales rise
Sep 11, 2001
Houston – According to data compiled by locally based TeleCheck Services Inc., sales tax-free holidays and tax rebates resulted in a 3% increase in August same-store retail sales – the strongest growth since April. The Southeast region led the...
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