Retail Roundup—Amazon acquires online pharmacy; Toys R Us Canada thriving

pills
Amazon has acquired an online pill company. (Pixabay)

Amazon acquires pharmacy company

Amazon has acquired PillPack, an online pharmacy that allows consumers to purchase medications in premade doses. Sources believe the deal was made for just under $1 billion. (TechCrunch)

Chipotle closing up to 65 stores

Chipotle will close between 55 and 65 underperforming stores in 2018, half of them within the next 30 days, in an effort to boost profitability. The move is the first big announcement made by the chain's new CEO Brian Niccol, who took over on March 5 from founder Steve Ells. (USA Today)

Trader Joe's opening in Minneapolis

Trader Joe's is opening a new store in downtown Minneapolis, the first grocery store in a rapidly changing neighborhood. The opening reflects the growing residential population downtown and is one of the growing number of mixed-use buildings that are attracting retailers. (Star Tribune)

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Toys R Us Canada plans play areas, in-store parties

Toys R Us Canada is making more than $1 billion in sales per year and is looking to add to its success by adding in-store play areas and even in-store birthday parties. In the wake of the demise of Toys R Us in the U.S., Canadian executives are making sure to get the word out that its division is alive and thriving. (Financial Post)