Drugstore chains such as Walgreen Co., Rite Aid Corp., Safeway, Wal-Mart and CVS Caremark are banking on their in-store H1N1 vaccination programs to boost sales and promote the other health services they offer. With more people choosing to get the shots in their stores, retailers also are hoping to see an increase in the sales of hand sanitizers and other flu-prevention items.
Drugstore chains Walgreen and CVS Caremark are stocking up on pharmaceuticals and personal-hygiene products such as face masks amid a swine influenza outbreak in the U.S. "Drugstores will be on the front lines for distribution of anti-viral medications used to fight swine flu," a drug distribution consultant said.
SAS CEO Jim Goodnight talks about keeping his company private, the corporate culture and working at his family's hardware store. Of what he learned from his high school basketball coach, he says: "He encouraged us to take responsibility, whether we achieved success or not, and he was generous with his praise. I'm not sure I realized it back then, but he was demonstrating the skills of a good manager."
In Massachusetts, Wal-Mart is building a supercenter and grocery additions in an effort to double its supermarket business over the next year. The company says this will create 700 jobs at stores in the state.
Fast-casual chain Smashburger has plans to expand throughout the country. The company has made deals with five big franchisors for Arizona locations. "Between 40 [percent] to 50 percent of our business is dinner. We cater to families, but it's also a place where mom and dad can get a beer or a glass of wine," Smashburger President Scott Crane said. "This is not a stale environment by any means, but we can get you in and out in about 20 minutes."