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CVS/pharmacy launches online service for military members, vets and families
January 5, 2012

WOONSOCKET, R.I. โ€” CVS/pharmacy has launched a new service on its CVS.com website to assist military service members, veterans and their families who need to transfer their prescriptions to a pharmacy that lets them continue using their Tricare prescription insurance coverage. Tricare members will find at CVS.com/tricare all of the information they need to transfer their prescriptions to one of CVS/pharmacy's 7,300 pharmacies across the United States. To help raise awareness of CVS/pharmacy's new Web page for Tricare members, the company will donate $3 to the USO for every person who visits the site between Jan. 1 and Jan.

Dollar General reveals expansion plans
January 5, 2012

GOODLETTSVILLE, Tenn. โ€“ Dollar General Corp. plans to open 625 stores and remodel another 550 locations during 2012. The expansion will involve creating 6,000 new jobs, bringing the total number of jobs created by the retailer since 2009 to more than 21,000. In California, which Dollar General entered in 2011, the chain plans to debut 50 stores this year as well as open a distribution center. Those moves will create 1,300 jobs alone. "California presents an extraordinary opportunity for Dollar General to fulfill its mission of serving others by delivering convenience and value," said Rick Dreiling, chairman and chief

Macy's to Close Underperforming Stores
January 5, 2012

Macy's will close five Macy's and four Bloomingdale's stores that are underperforming. More than 830 workers will be affected by the closings โ€” 375 at Macy's stores and 463 at Bloomingdale's. But many could have the option of taking jobs at new stores the company plans to open.


The Buckle, Inc. Reports December 2011 Net Sales
January 5, 2012

(BUSINESS WIRE) -- The Buckle, Inc. /quotes/zigman/220934/quotes/nls/bke BKE +0.52% Comparable store net sales year-to-date for the 48-week period ended December 31, 2011 increased 8.5 percent from comparable store net sales for the 48-week period ended January 1, 2011. Net sales for the 48-week fiscal period ended December 31, 2011 increased 12.0 percent to $1.003 billion from net sales of $895.5 million for the prior year 48-week fiscal period ended January 1, 2011. Offering a unique mix of high-quality, on-trend apparel, accessories, and footwear, Buckle caters to fashion-conscious young men and women. Known as a denim destination, each store carries

Sales increase 11.3% in December at Pier I Imports
January 5, 2012

Fort Worth, Texas -- Pier 1 Imports Inc. said Thursday its same-store sales climbed 11.3% in December, driven by a greater number of shoppers who spent more on each visit. The gain topped the 10.3% rise in the same month a year ago. The chain said sales remained strong throughout the month, including the week after Christmas, in every region.

Microsoft launches retail-focused website
January 5, 2012

Tags: Retail - General A new website covering retail industry thought leadership has officially launched. What's Next Retail, created by the Retail Industry Partner Community, a network of Microsoft Dynamics partners, features industry experts from the partner industry community. Microsoft will also regularly contribute ideas, strategies, and best practices across a wide variety of topics facing retailers today, according to a company press release. Contributors to WhatsNextRetail.com have specific domain expertise in the challenges facing retailers around the world. Many of the contributors have spent their careers either leading retail organizations or providing technology solutions to them. The site

Overstock.com to Launch Travel Site Powerd By Priceline
January 5, 2012

Overstock.com is launching a new travel site powered by Priceline after selling its original travel site in 2007. The new site, called O.co Travel, is powered by the Priceline Partner Network, which is a business unit of priceline.com.

Dollar General's Big Plans for 2012 Include Store Openings
January 5, 2012

Dollar General has benefited from cautious consumer spending in 2011, and it expects that momentum to continue in 2012. The company announced plans to open 625 new stores and add more than 6,000 new jobs in 2012. These new stores and jobs will be spread among Dollar Generalโ€™s 38-state operating area, plus California and Massachusetts.

Saks Incorporated Announces December Comparable Store Sales
January 5, 2012

Retailer Saks Incorporated (NYSE: SKS) today announced that owned sales totaled $452.5 million for the five weeks ended December 31, 2011 compared to $432.3 million for the five weeks ended January 1, 2011, a 4.7% increase. Comparable store sales increased 5.8% for the month. For December, the strongest categories at Saks Fifth Avenue stores included womenโ€™s and menโ€™s contemporary apparel, handbags, womenโ€™s shoes, fine jewelry, menโ€™s accessories, and fragrances. Saks Direct sales performed well during the month. On a quarter-to-date basis, for the two months ended December 31, 2011, owned sales totaled $729.6 million compared to $687.1 million for