Walmart testing ScripTalk talking Rx program in three stores and mail order
Bentonville, Ark. — Walmart is piloting a test program with En-Vision America to offer ScripTalk, a talking prescription system that provides those who cannot read standard print a safe and easy way to access the information on their prescriptions. ScripTalk is currently being offered to customers with visual impairments across the country through Walmart Mail Order and in three Walmart test stores. The program is free to Walmart pharmacy customers who are blind or visually impaired.
A prescription provided with ScripTalk has an electronic chip embedded in the standard print label. To hear the information on the chip, the customer simply places the prescription container on the ScripTalk device and presses the button.
Gap founding family acquires stake in upscale riding-gear company
New York — The Fisher family, the founders of Gap Inc. have acquired a stake in high-end riding-gear and apparel company Ariat International Inc.
The Fisher family, along with Ariat management, purchased the firm from LNK Partners and Brentwood Associates. Terms of the sale were not disclosed.
Loss narrows for regional discounter
Duckwall-ALCO Stores on Friday reported a 1.7% first quarter same-store sales increase that was regarded as an improvement for the company, but light relative to figures posted by retail leaders.
Net sales from continuing operations for the first quarter ended April 29 increased 3.6% to $117.2 million, and comps, excluding fuel sales, increased 1.7%. Despite the top line improvement, the regional operator of 216 discount stores in small markets, reported a $1.3 million net loss or 34 cents a share. That was actually an improvement from the first quarter the prior year when the company reported a loss of $1.5 million or 40 cents a share. When adjusted for store closing expenses, the loss from continuing operations was 30 cents a share compared to 40 cents the prior year.
“Initiatives to build top line sales and profitability continue to improve results,” said president and CEO Richard Wilson, who highlight the comp improvement.
He noted that the company is focused on four areas to drive further improvement during the remainder of the year including; executing regional pricing strategies, further rationalizing the store base, reducing debt by eliminating unproductive inventory.
“We are also excited about the initial success of our recently opened stores in Conifer, Colorado and Pinedale, Wyoming. In addition, our expanded ecommerce initiative will launch at the end of June and will include more than 13,000 new products,” Wilson said.