STORE SPACES

The Children’s Place plans Israel expansion

BY Dan Berthiaume

Secaucus, N.J. – The Children’s Place is partnering with Israeli fashion chain Fox-Wizel Ltd. to open stores in Israel, starting in the first quarter of fiscal 2014. The two companies inked a 10-year franchise agreement.

"International growth is one of our key initiatives and following our very successful launch in the Middle East in 2012, we are excited to be expanding into Israel next year,” said Jane Elfers, president and CEO of The Children’s Place. “Israel is a well-developed retail market with a strong children’s apparel business. We look forward to working with Fox-Wizel, which has a proven track record of operating successful apparel brands in Israel."

"I’m proud that The Children’s Place chose Fox-Wizel to be the franchisee of the brand in Israel,” said Harel Wizel, CEO of Fox-Wizel. “The Children’s Place is the leading children’s fashion brand in the US and I have no doubt that it will bring innovation and excitement to the children’s fashion market in Israel."

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OPERATIONS

Deen’s retail troubles continue

BY Dan Berthiaume

Plano, Texas — J.C. Penney became the latest retail chain to say it will stop selling products associated with celebrity chef Paula Deen following her admission she has made racially derogatory remarks.

In addition, Ballantine Books has ended an agreement with her to publish five books. That agreement included "Paula Deen’s New Testament: 250 Favorite Recipes, All Lightened Up,” which was scheduled for release in October 2013 and had reached number one in presales on Amazon.com and the Barnes and Noble website.

Sears, Kmart, The Home Depot, Target and Walgreens have all also either removed or said they would phase out her products in their brick-and-mortar locations and/or online. Kohls and Macy’s, which also sell Deen products, so far have not severed ties with her.

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News

CVS mobile app feature detects drug interactions

BY Dan Berthiaume

Woonsocket, R.I. – CVS is adding a feature to its mobile app that allows customers to check for potential drug interactions by comparing over-the-counter medications they buy with existing over-the-counter and prescription medications they already take. Customers can enter the name or scan the UPC barcode of drugs and have the app’s drug interaction checker automatically compare available product details against medications in their secure personal pharmacy histories.

“Our new drug interaction checker empowers our customers to make important decisions about their health with a convenient tool that determines whether an over-the-counter product may impact the prescriptions they are taking," said Brian Tilzer, senior VP, chief digital officer for CVS/pharmacy. "Our goal at CVS/pharmacy is to continually find new ways of helping people on their path to better health, and this new feature demonstrates how we intend to harness the power of mobile technology as a cutting-edge health resource that addresses real needs of our customers. Now customers will have more information right at their fingertips, so they can make more informed decisions or seek advice from a pharmacist as needed, if the CVS mobile app alerts them to a potential interaction."

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