News

The Home Depot Launches Long-Term Relief Recovery; Walgreens Deals With Heavy Rx Demand

BY CSA STAFF

Atlanta, The Home Depot today launched its “Rebuilding Hope & Homes” initiative, the second phase of its response to communities affected by Hurricane Katrina. Through customer contributions and a match of up to $1 million by the chain, the program will fund health and human service programs for disaster victims and support the refurbishment and construction of affordable housing for individuals displaced by the storm.

In other developments, in response to heavy Rx demand in the storm-affected areas, the Walgreen Co., the largest retail prescription provider in New Orleans, announced it has activated a new, proprietary pharmacy computer system that allows some of the steps in the prescription-filing process to be done by Walgreen pharmacies in other areas. Prior to the hurricane, the system was only being tested in Florida.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Are you hiring seasonal employees this year?

View Results

Loading ... Loading ...
News

Report Expects e-Commerce Growth

BY CSA STAFF

Cambridge, Mass., As on-line technology continues to flourish, so too will on-line retail sales burgeon. According to Forrester Research, the $172 billion in U.S. on-line retail sales in 2005 will nearly double to $329 billion by 2010.

The 14% compound annual increase of e-commerce mainly can be attributed to retailers’ new approaches to on-line consumers. Rather that seeing on-line stores as a low-cost supplement, retailers now view the e-commerce as a channel to improve customer service and retention.

Several top retailers reflect this growing trend of on-line promotion and improved consumer relations, among them Target, Gap and Nike.

keyboard_arrow_downCOMMENTS

Leave a Reply

E.Ako says:
Mar-24-2013 07:11 am

E-commerce is growing fast in our generation. This makes the process easy for us and less time to consume. - Rich Von Alvensleben

TRENDING STORIES

Polls

Are you hiring seasonal employees this year?

View Results

Loading ... Loading ...
News

Tesco Team Eyes Albertson’s

BY CSA STAFF

London, Reuters reported that Tesco, Britain’s most prominent retailer, sent representatives stateside to consider a bid for Albertson’s, one of America’s top grocery chains.

Despite having 2,500 stores and annual revenues of more than $40 billion, Albertson’s has been facing intense competition from retail powerhouse Wal-Mart. As a result, the grocery chain recently hired investment bankers in order to explore its options on the market.

With a reported price tag of $7.6 billion, Albertson’s seems to have caught Tesco’s eye, at least momentarily. As the British retail giant reports half-year results this week, it continues to look for a way to tap the lucrative U.S. market. Tesco has already begun expanding into eastern Europe and east Asia.

In addition to Britain’s largest—and rapidly expanding—food retailer, France’s Carrefour and Belgium’s Delhaize have expressed interest in Albertson’s. The world’s largest retailer, Wal-Mart, is also courting the grocer.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Are you hiring seasonal employees this year?

View Results

Loading ... Loading ...