I wish I had thought of this one. Or this one. Or this one!
Author: RetailGuy
I have worked in retail for over 40 years. I've seen the good, the bad, the ugly, and the completely unbelievable.
Rite-Aid Fights Back Against The Behemoth CVS
Just a start, but yesterday it was announced that Rite-Aid was buying Envision RX, a pharmacy benefits manager for around $2 billion dollars. Nowhere near what CVS did when they bought Caremark for around $21 billion, but they’ve apparently noticed what it’s done for CVS’s profits and are jumping on board. Their stock jumped Read More…
The Best Case of Karma I’ve Ever Seen
Karma is a bitch. Be careful who you’re rude to.
3 More Days Left…
Guys and girls, tonight at 5 pm is the officially last time that you can break up with your significant other. Anything later than that is considered a break in protocol. The one consistent thing at every Valentines in retail is Conversation Hearts. Year after year after year, it is the #1 requested item. Read More…
CVS Health Kicks Smoking Habit And Still Has Record Sales
So if you were wondering how CVS did after they stopped selling cigarettes, which was as much as 10% of front store sales in some areas, the answer is…very well, thank you. CVS said net revenues increased 12.9% to a record $37.1 billion for the 4th quarter despite the approximately $500 million lost in Read More…
Thinking Outside The Box
Here’s some retailers who literally thought “outside of the box” when they designed the buildings to sell their wares. Their building is literally shaped like what they sell: The Longaberger Company, sells handcrafted maple baskets. Twistee Treat Ice Cream. How could you drive past this? The Hood (In Boston, sells dairy products.) ) United Equipment Read More…
Company To Experiment With Valuing Employees
CVS is in the news again!! 😉 The last line of the article is perfect. Company To Experiment With Valuing Employees
Retail Sales (Then and Now)
Here’s a look at the top 10 retailers (by U.S. Sales dollars) in 2008 and last year. 8 of the 10 are the same although some have moved up or down. Some observations: –WalMart is still the king, although they have declined. –CVS has lost sales and Walgreens gained more sales. One up, one down. Read More…
Stupid Is As Stupid Does
A lady in Kentucky has named her baby in honor of her favorite store. Darla Hart named her daughter Walma, thus making her (for now and possibly forever) Walma-Hart. “I just love Walmart. They have a great selection! Everything I need! And they’ve saved me so much money over the years and have such friendly Read More…
6 Problems Everyone In Retail Will Understand
I had all 6 of these happen on Wednesday. OK, I’m lying about #6 because my store is 24 hours, but I had #3 twice, so it evens out.