FINANCE

Rite Aid sales gets boost in July

BY Alaric Dearment

Camp Hill, Pa. — Rite Aid had another month of positive sales growth in July, the retail pharmacy chain said Thursday.

Rite Aid said same-store sales for the four-week period that ended last Saturday increased by 1.3% compared with the same period last year. The increase included a 0.7% increase in front-end same-store sales and a 1.6% increase in pharmacy same-store sales. Same-store scripts increased by 0.4%. Total sales for the month were $1.898 billion, a 0.9% increase over $1.881 billion last year.

The increase in same-store sales for July represents an improvement not only over the same time last year, but over June as well, when they increased by 0.7%, including a 0.4% increase in front-end same-store sales and a 0.9% increase in pharmacy same-store sales, as well as a 0.2% decrease in same-store scripts.

For the 21 weeks that ended last Saturday, same-store sales decreased by 1.2%, including a 0.4% increase in front-end same-store sales and a 1.9% decrease in pharmacy same-store sales. Total sales for the same period were $10.089 billion, a 1.5% decrease from $10.247 billion during the same period last year.

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News

Wet Seal turns to Demandware to improve digital platform

BY CSA STAFF

BURLINGTON, Mass. — Specialty retailer Wet Seal has signed on with Demandware to use the cloud commerce solutions provider’s commerce platform as a component of its e-commerce and digital marketing strategy.

Wet Seal is looking to leverage the platform’s offerings — which according to Demandware include fast time-to-market, a rich set of merchandising capabilities and a secure, scalable environment to support omnichannel operations — to provide customers with optimal online and mobile shopping services.

“Wet Seal is focused on growing the e-commerce business and providing a seamless experience for our customers regardless of her access point,” said CEO John D. Goodman. “We look forward to working with Demandware by utilizing its technology as an essential part in supporting this initiative.”

“Retailers understand the importance of having a unified digital strategy and vision as leading contributors to the bottom line,” said Demandware COO Jeffrey Barnett. “With Demandware, Wet Seal has a flexible digital commerce platform that will allow it to provide the best brand experience for its customers.”

Wet Seal is working with Demandware Link Solution Partner, Lyons Consulting Group, for site implementation and services.

Headquartered in Foothill Ranch, Calif., The Wet Seal is a leading specialty retailer of contemporary apparel and accessory items for young women. The company operates a total of 526 stores in 47 states and Puerto Rico, including 464 Wet Seal stores and 62 Arden B stores.

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OPERATIONS

Ahold USA appoints senior VP store strategy and execution

BY Alaric Dearment

CARLISLE, Pa. — Ahold USA has appointed Nick Bertram as its senior VP store strategy and execution, the supermarket operator said Thursday.

Bertram previoulsy worked for Jewel-Osco, where he oversaw operations across Illinois, Indiana and Iowa. He was also senior VP of Supervalu and worked in executive positions at Walmart in Kentucky, Indiana, Ohio and Pennsylvania. His new position at Ahold USA will be based out of the company’s Carlisle, Pa., headquarters.

In the new role, he will manage new business ventures and be in charge of operational support processes in partnership with the company’s retail divisions. Ahold USA owns the Stop & Shop, Giant Food of Landover, Md., and Giant Food Stores of Carlisle, Pa., chains, as well as the Peapod online grocery service.

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