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Sears and Kmart rewarding customers who ‘stash their cash’ for the upcoming holidays

BY Allison Cerra

HOFFMAN ESTATES, Ill. Two major retailers are looking to help Americans budget for the holiday season with a Christmas Club Card program.

Sears and Kmart’s Christmas Club card allows shoppers to save ahead for their holiday purchases at Sears and Kmart months before hitting the stores or surfing the Internet. Starting now, Sears and Kmart Christmas Club card users can put aside some funds on a regular basis through Nov. 14 to add value to this unique gift card and receive a special reward when they do.

When activated between now and Oct. 31, Christmas Club card users will earn a three percent reward – up to a maximum of $100 – based upon the value they have on their Christmas Club cards on Nov. 14. To activate cards or add additional value at any time, customers can visit any Sears or Kmart store location, or online at www.sears.com/christmasclub or www.kmart.com/christmasclub.

Starting, adding value to, and redeeming the Christmas Club card is designed to be as easy and flexible as possible. Customers can start their Christmas Club cards with as little as $5, and they can add value as often as they want.

Susan Ehrlich, president financial services at Sears Holdings, said feedback from their customers prompted the retailer to take action.

“We heard that our customers were concerned about how they were going to pay for their holiday shopping this year and we wanted to provide a way to ease that concern,” Ehrlich said. “The Christmas Club card provides a unique way for Sears and Kmart customers to start planning for their holiday shopping ahead of the hustle and bustle of the season and earn a reward for planning and saving ahead.”

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Diplomat, Commcare named top companies by Inc. magazine

BY DSN STAFF

NEW YORK Specialty pharmacies Commcare Pharmacy and Diplomat Specialty Pharmacy have earned the respective 235th and 374th places on Inc. magazine’s list of the 500 fastest-growing private companies in the United States.

 

This goes to show how rapidly the specialty pharmacy industry has grown thanks to its focus on complex illnesses and medication regimens that traditional pharmacies are mostly unable to support, growing 8.8% last year, compared to 4.4% for traditional pharmacies, while specialty drugs had nearly $60 billion in U.S. sales.

 

 

But specialty pharmacy can also give independent pharmacies without a large front end a good way to make money, with its emphasis on profitable biotech drugs and closer interaction between the patient and pharmacist, allowing the mom-and-pop street corner pharmacy to carve a niche for itself while the chain pharmacy down the road continues to serve traditional drug store functions.

 

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CVS Caremark study finds need for improvements in healthcare access, costs

BY DSN STAFF

NEW YORK CVS Caremark’s 2009 “Health IQ” study is yet another indicator coming from the private sector that health reform cannot wait.

 

The findings come on the heels of another sign: PhRMA’s resurrection of the Harry and Louise characters, the middle class couple who helped to defeat the Clinton healthcare reform proposal, in a new multi-million dollar ad campaign developed in collaboration with Families USA, the national organization for healthcare consumers. This time, however, Harry and Louise are in support of healthcare reform.

 

 

The reality is that the more the private sector leads the way on this, the more likely that reform will work for them, as well as the rest of America.

 

 

For instance, CVS’ MinuteClinic could play a major role in closing the gap on patient access. In addition, CVS’ Proactive Pharmacy Care program, as well as its new ReadyFill program, could help improve medication adherence ‹ another major problem in the U.S. healthcare system. Proactive Pharmacy Care is focused on helping consumers understand the benefits of taking their medication consistently and helps them understand ways to reduce costs. It is estimated that non-adherence costs the United States $177 billion a year.

 

 

The bottom line is that there is a sense that if it and other key stakeholders step up now and communicate how they can be a part of the solution — and the value in that — they just might be in the end. It’s the difference between driving health reform and getting run over by health reform. Either way, you get a sense that the key stakeholders know the train is rolling and they would rather drive the engine then lay on the tracks.

 

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