Circuit City Cuts Back on Store Openings
Richmond, Va. Circuit City Stores Inc. plans to scale back on the number of stores it will open by the end of its fiscal year in February, according to the Richmond Times-Dispatch.
In an earnings report for the quarter ending Aug. 31, Circuit City reported it had opened 29 stores so far this fiscal year and it expected to open as many as 26 more through early next year.
The report said that the company would honor all commitments for new stores through the end of the fiscal year, but suspend openings beginning in March.
The chain is conducting a review of its business, spokesman Bill Cimino told the Richmond Times-Dispatch.
“As part of this review, we have been assessing the productivity of our asset base and, in line with this, we have put on hold the opening of some stores,” Cimino told the publication. “Some of the ones on hold are this year and some are next.”
Cimino did not give an exact count of how many stores would be affected.
Weis Markets completes rollout of generic Rx plan
SUNBURY, Pa. Weis Markets said it has completed the chainwide rollout of its new generic prescription plan offering a 90-day supply of more than 350 generic prescriptions for $9.99.
The generic prescription plan was introduced in 59 store pharmacies located in Central Pennsylvania, and Northeast Pennsylvania (including Scranton, Wilkes-Barre and the Pocono’s), New Jersey and Elmira, N.Y. This plan is now available in all 118 Weis Markets in-store pharmacies.
The plan was initially introduced in August in 59 Weis Markets pharmacies in Harrisburg, Lancaster and York along with all of its in-store pharmacies in Maryland West Virginia.
“We’re extremely pleased with the strong customer response to our generic prescription plan and have decided to roll it out chainwide. Increasing healthcare and prescription costs remain a huge issue for our customers and their employers. Our generic prescription plan offers strong savings and gives more choices to physicians and customers such as state and federal employees who are often limited to mail order,” said David Hepfinger, Weis Markets president and coo.
Best Buy opens women-focused store
AURORA, Colo. Best Buy’s new store in Aurora, Colo., a suburb of Denver, features skylights, wood paneling and flat-screen televisions in model rooms, in an attempt to appeal more to women shoppers.
Best Buy consulted local female customers for ideas for the store, said Ginger Sorvari Bucklin, Best Buy’s director of Winning With Women. The women consulted said they wanted to see how products could work together and see them in a real-life setting.
The store is also designed to appeal to moms with young children, featuring items like shopping carts shaped like cars.