Walgreen's Rx For Revenue Loss: Buying Binge by Thom Forbes

Walgreen will pay $438 million for a 144 -store regional drug store chain in the mid-South that operates under the USA Drug, Super D and May's banner. The stores, concentrated in Arkansas, Kansas, Mississippi, Missouri, New Jersey, Oklahoma and Tennessee, are part of an acquisition "spree," as several reports put it, aimed to rejuvenate sales figures at the nation's largest drug store chain. The company also announced yesterday that same-store sales from June 2011 to 2012 were down a higher-than-analysts-expected 10.7%, with pharmacy revenue slipping 15%. ...Read the whole story

  • food LGBT Oreo Lifts Nabisco Buzz Among Young Adults by Karlene Lukovitz

    Oreo's posting of an image of a rainbow-filled cookie on its Facebook page in support of gay pride events on June 25 generated hundreds of thousands of likes for the brand within days, as well as tens of thousands of comments both pro and con. ...Read the whole story

  • beverages Anheuser-Busch Encourages Responsible Drinking by Tanya Irwin

    Anheuser-Busch is unveiling its newest responsible drinking campaign which relies on online and social media. A website, asks adults to pledge their commitment to drink responsibly and then share it through Facebook to encourage friends to do the same. ...Read the whole story

  • retail TheFind.com Finds Its Niche by Karl Greenberg

    The site, which crawls the web for product listings on other sites aggregates from a very long-tail of some 500,000 online stores in North America, from the Googles and Amazon's of the world down to mom and pop stores with online shopping carts. ...Read the whole story

  • retail Nordstrom, TJX Shine Among Summer Clouds by Sarah Mahoney

    For retailers working either the high end or the low end of the spending spectrum, June was a good month, with both Nordstrom and TJX posting gains well ahead of expectations. But for the mid-tier stores, not so much. ...Read the whole story

  • electronics Pelican Pushes Into Consumer Markets by Aaron Baar

    "We're all very familiar with the last few years, with the explosion of consumer products," Pelican president and CEO Lyndon Faulkner, tells "Marketing Daily." "Everybody's coming out with personal devices that all need protection." ...Read the whole story

  • automotive Patriotism: Where Made, Not Where From by Karl Greenberg

    Forty-one percent of consumers surveyed for AutoTrader.com's Trend Engine division say the former parameter is important, while 28% said it is important to purchase a vehicle made by a U.S. automaker. ...Read the whole story

  • perspective How To Interview Effectively by Kate Benson

    Interviewing is an art. There's no guarantee the interviewer knows how to make the most of 60 minutes. Candidates often report doing less than half ... ...More

Follow MediaPost