OPERATIONS

Walmart responds to NYC protesters

BY Dan Berthiaume

Bentonville, Ark. – Three members of a group of about 20 people protesting working conditions at Walmart were reportedly arrested in Manhattan yesterday. According to the AP, the protestors, which included current and former Walmart employees as well as supporters, gathered outside a New York City building where a member of the chain’s board of directors has an office.

The protestors had a petition demanding that Walmart improve working conditions and rehire employees allegedly fired for labor activities. One man and two women were reportedly arrested for disorderly conduct.

The discounter issued a statement a statement saying the protest was staged by union activists and does not represent the views of most of its employees.

“You see so few current associates participating because they understand the unparalleled opportunity Walmart provides,” stated Davud Tovar, VP, Walmart corporate communications.

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FINANCE

Report: Home Depot CEO expects higher sales

BY Dan Berthiaume

Atlanta — The Home Depot reportedly expects a continuing recovery in the U.S. housing market to improve its sales later this year. In an interview with Bloomberg, Frank Blake, CEO of Home Depot, Inc., said steady improvement in the housing market should lead to private equity firms and investors renovating properties for rental.

Blake said Home Depot runs an entire unit dedicated to providing products to rental property owners who value durability and ease of replacement more than style. Bloomberg reports that analysts expect rising interest rates to cut into sales of big-ticket home items such as refrigerators.

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S.White says:
May-12-2015 08:41 am

Well, we can't blame Home
Well, we can't blame Home Depot for expecting higher sales later this year. I mean, more people are into home remodeling nowadays. One of the stores in great demand when it comes to home supplies is Home Depot.

S.White says:
May-12-2015 08:41 am

Well, we can't blame Home Depot for expecting higher sales later this year. I mean, more people are into home remodeling nowadays. One of the stores in great demand when it comes to home supplies is Home Depot.

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OPERATIONS

CVS offers double quarterly loyalty earnings

BY Dan Berthiaume

Woonsocket, R.I. – CVS/pharmacy is offering members of its ExtraCare loyalty program double their ExtraBucks quarterly reward earnings between Sept. 16 and Dec. 15. Members can sign up for double earnings in-store or online and receive 4% instead of the usual 2% back on all eligible front-store purchases in the form of “ExtraBucks” that can be spent like cash in the store.

Members will be able to track their ExtraCare spending throughout the promotion and have double ExtraBucks rewards print on their receipts starting January 1, 2014 through February 15, 2014.

"ExtraCare members are always looking for more savings and rewards,” said Rob Price, senior VP and chief marketing officer of CVS/pharmacy. “To that end, Double Quarterly ExtraBucks Rewards is back by popular demand. Simultaneously, we’re celebrating our 50th anniversary by offering tremendous savings to shoppers in September. It’s a great way to thank our loyal customers by providing them with even more value during each shopping trip."

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