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Simon and Budget create joint marketing program

BY Michael Fickes

Parsippany, N.J. — Budget Car Rental and Simon Property Group have combined forces to market to Latin American travelers. When these travelers book a Budget car in Boston, Miami, New York City and Orlando, they will receive a shopping voucher that can be redeemed for a package of coupons, discounts and other special offers at Simon destinations in those cities:

  • Burlington Mall and Wrentham Village Premium Outlets in Boston;
  • Dadeland Mall, The Falls, Miami International Mall and Sawgrass Mills in Miami;
  • Woodbury Common Premium Outlets in New York City; and
  • Orlando Premium Outlets and Orlando Premium Outlets in Orlando, Fla.

“Last year, foreign tourist spending in the United States rose to a new record, and we are seeing some of the biggest increases coming from Latin American countries such as Brazil,” said Jeannine Haas, chief marketing officer with Avis Budget Group.

Simon and Budget will promote the campaign throughout Latin America via online banner advertising, search engine advertising, travel agents and presence on Budget websites in each country.


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Former interior secretary tapped for Target board

BY CSA STAFF

MINNEAPOLIS — Target Corp. has appointed former senator and secretary of the interior Kenneth Salazar to its board of directors. He replaces Mary Dillon, who resigned from the board last month after being named CEO of Ulta Beauty.

Salazar, who recently began working for the law firm WilmerHale, served as a Democratic member of the Senate from Colorado from 2005 to 2009 and as interior secretary under the Obama administration from 2009 until earlier this year, when he was replaced by Sally Jewell.

"As an experienced public policy official and highly skilled lawyer, Ken brings a unique background and perspective to Target that will be invaluable as we continue to explore and seize new opportunities to drive profitable growth in this rapidly changing environment," said Gregg Steinhafel, chairman, president and CEO of Target Corporation.

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Walgreens sees lift in June comp sales

BY CSA STAFF

DEERFIELD, Ill. — Walgreens reported June sales of $5.8 billion, an increase of 2.5% from the same month in fiscal 2012.

June pharmacy sales increased by 2.9%, while comparable store pharmacy sales increased 3.3% and increased by a calendar day-shift adjusted 560 basis points. This year’s June had one additional Sunday and one fewer Friday compared with June 2012, Walgreens reported. Calendar day-shift adjusted comparable store pharmacy sales were negatively impacted by 280 basis points due to generic drug introductions in the last 12 months.

Prescriptions filled at comparable stores increased by 5% in June and increased 7.3% on a calendar day-shift adjusted basis. Calendar shifts negatively impacted prescriptions filled at comparable stores by 230 basis points.

Pharmacy sales accounted for 64.3% of total sales for the month.

Total front-end sales increased 2.2%, while comparable store front-end sales increased 0.8%. Customer traffic in comparable stores decreased 2.9% while basket size increased 3.7%.

Sales in comparable stores increased by 2.3% in June. Calendar day shifts negatively impacted total comparable sales by 150 basis points, while generic drug introductions in the last 12 months negatively impacted total comparable sales by 180 basis points.

Registrations for Walgreens Balance Rewards loyalty program, which launched in September, totaled more than 75 million through June.

Calendar 2013 sales to date were $35.9 billion, an increase of 2.4%.

Walgreens opened 10 stores during June, including four relocations, and closed four.

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