Drug Fair, Agilence partner to watch cashiers
CAMDEN, N.J. Drug Fair Group, which operates 55 pharmacy and general merchandise stores in New Jersey, has teamed up with Agilence in an effort to reduce cashier shrink.
Agilence, a provider of Intelligent Video Auditing Solutions, is conducting a multi-store rollout of Agilence On!, a service offering that utilizes Agilence’s HawkEye software.
It is estimated that the service can reduce cashier shrink—which accounts for $14 billion in losses for U.S. retailers—by as much as 80 percent. The service is customized to each user and leverages a set of tailored analytics to identify policy violations, scams and theft.
“Agilence’s combination of multiple technologies and skilled team of professionals is a best in class solution to my cashier shrink problem,” stated Scott Bohm, director of loss prevention for Drug Fair Group. “Their platform can easily integrate future technologies and inputs with minimal cost and business interruption.”
MinuteClinic moves forward with Massachusetts plans
MINNEAPOLIS MinuteClinic, a clinic operator owned by CVS Caremark, has applied for its first 10 clinic sites in Massachusetts and expects the opening dates to be in late summer to early fall.
As previously reported by Drug Store News, in January, state health officials approved regulations allowing for limited service medical clinics, marking the end of a long review process that included two public hearings and the submission of hundreds of pages of testimony regarding the regulations.
MinuteClinic stated that it is working with the Massachusetts Department of Health and “is confident that the sites meet the regulatory requirements and will receive approval to move forward.”
The new in-store clinics are planned for CVS stores in Ashland, Beverly, Bridgewater, Danvers, Medford, Medway, Stoughton, Taunton, Tewkesbury and Westford.
The sites are the first of a total of 25 to 30 the company expects to open in Massachusetts by the end of 2008.
Hallmark exits online flower and gift business
KANSAS CITY, Mo. Hallmark is exiting the online gift and flower business, citing a less-than-acceptable return on investment. The move will result in the loss of about 100 jobs at its corporate headquarters and distribution center in Memphis, Tenn., though Hallmark said it would try to find new jobs in the company for those workers.
Hallmark started its online flower business in 2001 and its online and catalog gift and decor business in 2005. The decision will not affect its online business for greeting cards and stationery. A company spokeswoman said Hallmark decided to shutter the flower and gift divisions after determining they “couldn’t guarantee the results we needed.”