Penney Opens 22 Stores
Plano, Texas, J. C. Penney Co. on Friday opened 22 stores, putting it on track to deliver 50 new locations in 2007.
Year-to-date, the retailer has opened 44 stores, with six more scheduled to open in the coming weeks. The openings are part of the company’s long-range plan to open 250 new and relocated stores from 2007 through 2011.
Twenty of the 22 just-opened stores are in off-mall locations, and all of the stores incorporate a variety of features designed to enhance the shopping experience for customers. Eight of the new locations have an in-store, 1,500-sq.-ft. Sephora boutique.
One of the new stores, the location in The Shops at Northfield Stapleton in Denver, Colo., was selected to pilot a number of “green” building features, including LED lighting on signs, 100% recycled carpet, water-saving plumbing fixtures and appliances, local sourcing of materials, and recycling of construction waste.
CVS/pharmacy sees monthly comps gain
WOONSOCKET, R.I. CVS Caremark today announced that same-store sales in its CVS/pharmacy division increased by 5% for the five weeks ended Sept. 29 over the prior year period. Pharmacy same-store sales increased 4.3%. Front-end same-store sales increased 6.8%.
The comany reported that for the third quarter, same-store sales at CVS/pharmacy increased 5% over the prior year period. Pharmacy same-store sales increased 4.3%, while front-end same store sales increased 6.5%.
For the 39-week period, the company reported that same-store sales at CVS/pharmacy increased 6% over the prior year period. Pharmacy same-store sales increased 5.8%, while front-end same store sales increased 6.3%.
Walgreens offers discounts for AARP members
WASHINGTON Walgreens is partnering with AARP to offer its members access to discounted health, beauty and wellness products.
The company has launched a new catalogue, “AARP Health Essentials by Walgreens” and a new Web site, http://aarp.walgreens.com, which offer AARP members an exclusive 5% discount on more than 20,000 products.
Citing a report by The Resource for Marketing Executives, which says that baby boomers account for 61% of all over-the-counter medication purposes, AARP said it felt its partnership with Walgreens was the right move.
“Our 39 million members represent a large percentage of this group and our relationship with Walgreens will provide them with discounts and easier access to a wide variety of health-related products,” said Adam Sohn, associate director of AARP media relations.