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Tag: format

Walgreens says new small-format store personalizes care, could help in ‘pharmacy deserts’

Walgreen Stores in Lexington Park, MD. Source: Walgreens Walgreens has rolled out a new kind of store that shrinks down its square footage and focuses on the pharmacy. Expect to see fewer front-of-store items, a slimmed down selection of over-the-counter medications and an emphasis on relationships between pharmacists and customers. It has opened more than …

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Nike plans up to 200 small-format stores, despite 38% revenue drop

Dive Brief: Nike revenue declined 38% in the fourth quarter, falling to $6.3 billion, according to a company press release. The retailer swung to a loss of $790 million, from income of $989 million the year before. That represented a 180% decline. While revenues in Greater China were only down 3%, North America was down …

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Reliance Industries’ new hyperlocal store format to aid new commerce initiative

Grocery for Reliance Industries is already over US$ 4 billion in sales and the firm is now working on a kirana-driven delivery model for grocery under its new commerce strategy, Credit Suisse said in a report on Thursday. According to a PTI report: RIL’s previously announced new commerce initiative entails on-boarding kirana stores and digitising …

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CVS Health expands health-focused store format to Tampa market

CVS Health continues the expansion of its HealthHub concept as part of its strategy to roll out the program nationally.  The company unveiled HealthHubs in nine CVS Pharmacy locations in Greater Tampa. Currently, CVS has 53 HealthHub locations in five states, including Florida, Georgia, New Jersey, Pennsylvania and Texas. It plans to expand the format …

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Ahold has a go at cashierless store format

A major supermarket conglomerate is taking a page from Amazon’s grocery playbook. Ahold Delhaize USA, which operates supermarket banners including Food Lion, Giant, and Stop & Shop, is piloting a new frictionless store environment. Called “Lunchbox” and developed by the company’s Retail Business Services subsidiary, the format enables customers to scan in, shop, and walk …

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Check out H&M’s new small — and local — tech-enhanced store format

H&M’s new flagship in Berlin offers more than clothes.  The Swedish fast-fashion giant opened its first “hyper-local” flagship in Berlin, in the city’s trendy Mitte Garten creative district. The approximately 3,300-sq.-ft. space is one of H&M’s smallest locations to date. It has a boutique-like feel, with pale green walls, vaulted ceilings, and wood and white …

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Exclusive Q&A: Walmart delves into new tech-enabled healthcare format

Walmart has big plans for its role in the health-and-wellness space. Chain Store Age recently had an interview with the discount giant, which in September launched a new, 10,000-sq.-ft., freestanding health-and-wellness facility next to its store in Dallas, Georgia. Walmart Health is designed to provide “low, transparent pricing” for key health services, regardless of insurance status, …

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