Content about Rhode Island

May 6, 2013

Marcus & Millichap Real Estate Investment Services said that it has named Thomas Gorman regional manager of its Boston and Providence, R.I. offices.

Boston -- Marcus & Millichap Real Estate Investment Services said that it has named Thomas Gorman regional manager of its Boston and Providence, R.I. offices.

Gorman has been serving as the sales manager in the Philadelphia and Washington D.C. offices since November 2011, and is charged with expanding the Boston and Providence offices.

 

April 18, 2013

Boston-based The Wilder Cos. said that the second phase of the multi-phased strategy to expand, reconfigure and redevelop Garden City Center, in Cranston, R.I., is officially underway.

Cranston, R.I. -- Boston-based The Wilder Cos. said Thursday that the second phase of the multi-phased strategy to expand, reconfigure and redevelop Garden City Center, in Cranston, R.I., is officially underway.

The project involves turning vacant former large-format retail spaces into a mix of mid-sized and smaller specialty retailers, including the state’s first Corner Bakery Café which signed a multi-year lease.

February 20, 2013

Corner Bakery Café said it plans to open 18 restaurants in the Boston area, joining under-development markets in neighboring Connecticut, Rhode Island, New York, New Jersey and Pennsylvania.

Dallas -- Corner Bakery Café said Wednesday it plans to open 18 restaurants in the Boston area, joining under-development markets in neighboring Connecticut, Rhode Island, New York, New Jersey and Pennsylvania.

The bakery-café concept is targeting its growth through franchising deals with restaurant pros capable of opening multiple units. Corner Bakery has set a goal of doubling its current U.S. footprint of 147 locations by the end of 2015.

 

February 20, 2013

Corner Bakery Café said it plans to open 18 restaurants in the Boston area, joining under-development markets in neighboring Connecticut, Rhode Island, New York, New Jersey and Pennsylvania.

Dallas -- Corner Bakery Café said Wednesday it plans to open 18 restaurants in the Boston area, joining under-development markets in neighboring Connecticut, Rhode Island, New York, New Jersey and Pennsylvania.

The bakery-café concept is targeting its growth through franchising deals with restaurant pros capable of opening multiple units. Corner Bakery has set a goal of doubling its current U.S. footprint of 147 locations by the end of 2015.

 

February 11, 2013

CVS Caremark said it has named Brian Tilzer as SVP, chief digital officer for the drugstore chain.

Woonsocket, R.I. -- CVS Caremark said Monday it has named Brian Tilzer as SVP, chief digital officer for the drugstore chain.

Tilzer, previously SVP global e-commerce for Staples, is charged with developing and leading CVS digital innovation efforts and connecting current and future digital initiatives.

 

February 11, 2013

CVS Caremark said it has named Brian Tilzer as SVP, chief digital officer for the drugstore chain.

Woonsocket, R.I. -- CVS Caremark said Monday it has named Brian Tilzer as SVP, chief digital officer for the drugstore chain.

Tilzer, previously SVP global e-commerce for Staples, is charged with developing and leading CVS digital innovation efforts and connecting current and future digital initiatives.

 

February 6, 2013

CVS Caremark executives expressed optimism Wednesday morning as the company posted record fourth-quarter results and raised its 2013 guidance.

Woonsocket, R.I. -- CVS Caremark executives expressed optimism Wednesday morning as the company posted record fourth-quarter results and raised its 2013 guidance. The company also disclosed on a conference with analysts that late last week it closed on the acquisition of the privately held Brazilian drugstore chain Onofre.

CVS earned $1.13 billion in the three months that ended Dec. 31. For the full year, CVS earned $3.88 billion, on $123.13 billion in revenue.

December 14, 2012

CVS/pharmacy and Medicine Chest Pharmacy announced Friday that CVS will acquire 19 Medicine Chest drug stores in Texas during the last weekend of December.

Woonsocket, R.I. -- CVS/pharmacy and Medicine Chest Pharmacy announced Friday that CVS will acquire 19 Medicine Chest drug stores in Texas during the last weekend of December.

CVS/pharmacy will operate nine of the acquired locations and relocate 10 other Medicine Chest pharmacies into nearby existing CVS/pharmacy locations. Medicine Chest will continue to operate its remaining 10 locations.

December 13, 2012

CVS Caremark executives expressed optimism going into 2013 and outlined its strategic growth framework during its annual Analyst Day held on Thursday in New York City.

Woonsocket, R.I. -- CVS Caremark executives expressed optimism going into 2013 and outlined its strategic growth framework during its annual Analyst Day held on Thursday in New York City.

November 6, 2012

CVS Caremark Corp. reported that net income for the quarter ended Sept. 30 jumped 16% to $1.01 billion, compared with $868 million in the year-ago period.

Woonsocket, R.I. -- CVS Caremark Corp. reported Tuesday that net income for the quarter ended Sept. 30 jumped 16% to $1.01 billion, compared with $868 million in the year-ago period. Results were boosted by a 13.3% increase in revenue to $30.2 billion, which edged Wall Street’s forecast of $30.09 billion in revenue.

Drugstore revenue rose 5.5% to $15.5 billion, and same-store sales climbed 4.3%, helped by the influx of Walgreens customer who switched to CVS during the split between Walgreen Co and Express Scripts Holding Co.

September 21, 2012

dELiA*s is showing off its feminine side. The teen apparel retailer has debuted a new prototype at Providence Place Mall, in Providence, R.I. The 3,674-sq.-ft. store has a stylish, upbeat vibe that reflects its target audience.

September 10, 2012

Boston-based The Wilder Cos. said that LA Fitness will make its Rhode Island state debut at Garden City Center, located in Cranston.

Cranston, R.I. -- Boston-based The Wilder Cos. said that LA Fitness will make its Rhode Island state debut at Garden City Center, located in Cranston.

The 38,000-sq.-ft., two-level facility will be located next to Office Max; a former Borders will be demolished to make way for LA Fitness.

Construction will begin in January 2013 with a late December 2013 or early 2014 opening set.

September 10, 2012

Boston-based The Wilder Cos. said that LA Fitness will make its Rhode Island state debut at Garden City Center, located in Cranston.

Cranston, R.I. -- Boston-based The Wilder Cos. said that LA Fitness will make its Rhode Island state debut at Garden City Center, located in Cranston.

The 38,000-sq.-ft., two-level facility will be located next to Office Max; a former Borders will be demolished to make way for LA Fitness.

Construction will begin in January 2013 with a late December 2013 or early 2014 opening set.

August 27, 2012

Teen apparel retailer dELiA*s has debuted a new prototype at Providence Place Mall, in Providence, R.I. The store has a stylish, youthful vibe that reflects its core customer. The design met objectives to increase floor and wall fixture capacity and reduce overall store size while maintaining brand identification.
 
Design was by Shremshock Architects & Engineers, Westerville, Ohio, in collaboration with Asset Strategies Group, also of Westerville, Ohio, which provided overall construction and project management services.  

August 27, 2012

Teen apparel retailer dELiA*s has debuted a new prototype at Providence Place Mall, in Providence, R.I. The store has a stylish, youthful vibe that reflects its core customer. The design met objectives to increase floor and wall fixture capacity and reduce overall store size while maintaining brand identification.
 
Design was by Shremshock Architects & Engineers, Westerville, Ohio, in collaboration with Asset Strategies Group, also of Westerville, Ohio, which provided overall construction and project management services.  

July 25, 2012

Supervalu banner Shaw's announced that two of its Rhode Island locations diverted more than 90% of store waste from local landfills as part of the company's zero-waste program.

West Bridgewater, Mass. -- Supervalu banner Shaw's announced that two of its Rhode Island locations diverted more than 90% of store waste from local landfills as part of the company's zero-waste program.

Shaw's said its Barrington and Cranston stores achieved total waste diversion of 90.76% and 90.81%, respectively. In addition to the two new zero-waste stores in Rhode Island, the Shaw's Lancaster, N.H., store also is one of the newest to join the zero-waste program, bringing the company total to eight.

May 11, 2012

CVS/pharmacy is taking a greater step toward targeting the Hispanic market with the launch of its new Spanish-language website.

Woonsocket, R.I. — CVS/pharmacy is taking a greater step toward targeting the Hispanic market with the launch of its new Spanish-language website.

Like the English-language site, the Spanish version, located at http://es.cvs.com, enables shoppers to manage their prescription account, get health information, purchase products, access coupons, etc. According to a MediaPost article, Google indicated that the new CVS Spanish website consists of 67,000 pages, most of which are product SKUs.

March 21, 2012

CVS/pharmacy is shuttering all of its Beauty 360 locations and ceasing operation of the Beauty 360 e-commerce business to focus on the growth of its core CVS/pharmacy beauty business, the retailer confirmed.

Woonsocket, R.I. -- CVS/pharmacy is shuttering all of its Beauty 360 locations and ceasing operation of the Beauty 360 e-commerce business to focus on the growth of its core CVS/pharmacy beauty business, the retailer confirmed on Wednesday.

As of May 19, all 25 of the Beauty 360 locations will close and the e-commerce business will cease operation.

February 14, 2012

CVS Caremark released an economic impact study of its contribution to the economy of its headquarters state of Rhode Island.

Woonsocket, R.I. -- CVS Caremark on Tuesday released an economic impact study of its contribution to the economy of its headquarters state of Rhode Island.

The Pricewaterhouse Coopers-conducted study showed that the company's Rhode Island operations contributed more than $1.2 billion to Rhode Island's GDP in 2010, approximately 12,000 jobs, $831 million in labor income, and $116 million in state and local taxes.

February 14, 2012

CVS Caremark released an economic impact study of its contribution to the economy of its headquarters state of Rhode Island.

Woonsocket, R.I. -- CVS Caremark on Tuesday released an economic impact study of its contribution to the economy of its headquarters state of Rhode Island.

The Pricewaterhouse Coopers-conducted study showed that the company's Rhode Island operations contributed more than $1.2 billion to Rhode Island's GDP in 2010, approximately 12,000 jobs, $831 million in labor income, and $116 million in state and local taxes.

February 9, 2012

The latest jewel in the portfolio of Mexican department store operator Liverpool took top honors in Chain Store Age’s 30th annual Retail Store of the Year design competition.

New York City -- The latest jewel in the portfolio of Mexican department store operator Liverpool took top honors in Chain Store Age’s 30th annual Retail Store of the Year design competition. The company’s 319,000-sq.-ft. store in the Mexico City suburb of Interlomas was named Store of the Year and was also the winning entry in the Department Store category.

Here is a complete list of the winning projects, all of which will be featured in the March issue of Chain Store Age and reviewed at its annual SPECS Conference:

February 2, 2012

CVS/pharmacy has introduced a program that allows pharmacy patients to receive immediate notification via text message when their prescription is ready to be picked up, the drugstore chain said.

Woonsocket, R.I. -- CVS/pharmacy has introduced a program that allows pharmacy patients to receive immediate notification via text message when their prescription is ready to be picked up, the drugstore chain said.

Order Ready Text Messaging, which is available on nearly all mobile carriers, offers text alerts in English and Spanish. Customers interested in enrolling into Order Ready Text Messaging can do so by speaking to a pharmacy staff member or visiting CVS.com/text. Standard message rates apply.

January 20, 2012

Bluestone Energy Services has helped The Stop & Shop Supermarket Company substantially reduce energy consumption in hundreds of store locations and warehouses, enabling the supermarket operator to meet aggressive sustainability goals, cut costs, and receive over $4 million in utility incentives.

Norwell, Mass. -- Bluestone Energy Services has helped The Stop & Shop Supermarket Company substantially reduce energy consumption in hundreds of store locations and warehouses, enabling the supermarket operator to meet aggressive sustainability goals, cut costs, and receive over $4 million in utility incentives.

December 7, 2011

Looking to stay on the cutting edge of mobile commerce, CVS/pharmacy has made the entire CVS.com catalog available to shoppers through its mobile site (m.cvs.com), so CVS/pharmacy customers easily can browse, order and buy products anywhere, anytime from their smartphones.

Woonsocket, R.I. — Looking to stay on the cutting edge of mobile commerce, CVS/pharmacy has made the entire CVS.com catalog available to shoppers through its mobile site (m.cvs.com), so CVS/pharmacy customers easily can browse, order and buy products anywhere, anytime from their smartphones.

In addition, the CVS Photo mobile site features fully-optimized print ordering and purchasing with easy checkout.

November 18, 2011

Every year, in December, Chain Store Age examines the northeastern region — New York, Pennsylvania, New Jersey, Maine, Massachusetts, Connecticut, New Hampshire, Vermont and Rhode Island — and, in 2011, there appears to be some positive momentum.

Retail real estate executives will tell you that we’re not completely out of the woods yet, but the industry is certainly inching in the right direction.