FINANCE

CVS Same-Store Sales Up for September

BY CSA STAFF

Woonsocket, R.I., CVS Caremark Corp. said Thursday that September same-store sales rose 5%. For the four-week period ended Sept. 29, pharmacy same-store sales grew 4.3%, hurt by about 5.5 percentage points due to recent generic introductions.

Front-end, or non-pharmacy same-store sales grew 6.8%.

For the third quarter, same-store sales rose 5%, including a 4.3% rise in pharmacy same-store sales and a 6.5% front-end same-store sales increase.

Year-to-date, same-store sales rose 6% during the 39-week period ended Sept. 29, including a 5.8% rise in pharmacy same-store sales and a 6.3% rise in front-end same-store sales.

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Fresh & Easy joins greenhouse registry

BY CSA STAFF

EL SEGUNDO, Calif. Tesco announced today that it’s upcoming Fresh & Easy Neighborhood Market chain in California will join the California Climate Action Registry, the state’s only official registry for greenhouse gas emissions reduction projects.

The move is the latest in a series of steps Fresh & Easy has taken toward being eco-friendly, the company reported.

“Fresh & Easy Neighborhood Market is committed to tracking and reducing its carbon footprint,” said ceo Tim Mason. “We have already designed our stores and trucks to be more efficiently saving energy and reducing fuel consumption. It is a natural next step for us to measure our impact and look for ways to continually reduce our impact on the environment.”

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Dillard’s launches RFID pilot program

BY CSA STAFF

LITTLE ROCK, Ark. Dilard’s announced today that it will begin using radio frequency identification (RFID) technology in a tagging pilot program at its stores this month. According to the company, the pilot will consist of certain styles of merchandise being marked with RFID-enabled tags. The RFID/EPC (Electronic Product Code) tags function like an intelligent barcode and contain only the Electronic Product Code unique to each garment.

Dillard’s said these new tags will enable store associates to perform more frequent inventory counts on merchandise, with the ultimate goal of more timely replenishment of out-of-stocks. “We believe that the use of RFID technology can enable us to provide an even higher level service to our customers by enhancing our ability to have the right product available at the right time while providing us even more accurate information from our inventory control system.,” the company reported.

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