4 Retailers Sued (Again) Over Deceptive Pricing

  Only in California.  Four retailers have been sued due to deceptive advertising, namely posting a fake “regular price” to make their not-really-a-sale price look more attractive.   I remember years ago that the retailer I worked for got in trouble for this as well, because we were selling our Christmas cards at “50% OFF!” Read More…

Walmart Cuts 7,000 Jobs In Their Stores

    Walmart is finally doing something that happened at Longs Drugs over a decade ago, namely eliminating the “bookkeeping” position(s) in the store.  They have decided it’s more cost-effective to have those functions done at corporate level and the cash-counting can be done by pretty much anyone who can do basic math (as is Read More…

CVS earnings in 2nd quarter beat analysts’ estimates

     So once again CVS records record profits, making nearly $44 billion dollars in the 2nd quarter.  The acquisition of the Target pharmacies has boosted pharmacy sales, although front-end sales continue to decline across the board.    Perhaps some of the extra revenue came from their recent campaign to eliminate paper receipts, that’s a Read More…

CVS Knows Where You Are Now

  CVS has partnered up with Google on their Nearby program so now when you’re near a CVS, they KNOW and it will happily let you know that you can send your photos there.    So if you’ve avoided signing up for an ExtraCare card and dodged downloading their app, you still can’t avoid the Read More…

25 of the most generous companies in America

     So besides 3 giant drug companies, the most generous company on this list of Fortune 500 companies is Walmart, which comes as somewhat of a surprise considering their reputation for stinginess.  I did notice there are no drug-store chains on this list, even though at least 1 of them had more pre-tax profits Read More…