Walgreens had March sales of $6.02 billion, a decrease of 4.3% from $6.29 billion for the same month in fiscal 2011. Total front-end sales increased 2.5% compared with the same month in 2011, while comparable store front-end sales increased 1.2%. Customer traffic in comparable stores decreased 1% while basket size increased 2.2%. “We continued to
Spacenet to upgrade and manage Cumberland Farms’ network at retail locations. Cumberland Farms Inc. has selected Spacenet Inc., a wholly owned subsidiary of Gilat Satellite Networks Ltd., and provider of managed network services, to upgrade and manage its communications infrastructure at more than 600 stores across 11 states. The upgraded network solution will utilize DSL
ACI Worldwide Inc., an international provider of payment systems, has announced the latest release of ACI Retail Commerce Server. This version is integrated with ISD Corp.’s In-Store suite of products, following the acquisition of ISD in March 2011. ACI now serves 14 of the top 25 U.S. retailers. The combined offerings of ISD and ACI
Convenience TV Inc. has signed an Memorandum of Understanding with Black Hat Distributing Co. LLC to have them sign 75 additional locations in Greater Los Angeles. If successful, adding these additional 75 installations will bring the total number of locations to 103 in the Los Angeles area. “We have projected that 100 or more locations
By John Lofstock, Editor Under CEO Alain Bouchard, Alimentation Couche-Tard has grown to be one of the largest convenience store operators in world. The Laval, Quebec-based chain today took its boldest step to date when it commenced an all-cash offer to acquire Casey’s General Stores, the Iowa chain currently operating 1,513 stores throughout the Midwest.