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Cross-shopping defines new era of retail competition
Placer.ai finds shoppers aren’t abandoning legacy giants but expanding retail routines, fueling a fragmented marketplace where value-focused chains win on specific shopping missions.
Dollar General taps Donny Lau to succeed Kelly Dilts as Chief Financial Officer
Lau is returning to Dollar General after serving as CFO of Zaxby’s Franchising LLC since July 2023.
7-Eleven rehires Dave Strachan
His return as Vice President and Chief of Staff to CEO Joseph DePinto comes at a pivotal moment for 7-Eleven.
Instacart names Etsy CEO Josh Silverman to Board of Directors
“I’m honored to join Instacart’s Board of Directors at such a pivotal moment for the company,” said Silverman.
7-Eleven taps Joshua Dolan to lead demand chain operations
Dolan has been tasked with expanding and optimizing the convenience retailer’s logistics network and improving operational execution.
From groceries to digital ads, Walmart powers ahead in Q2
Walmart's growth was driven by digital sales, advertising, and grocery sales, but unexpected costs put pressure on profits. The company has raised its full-year outlook, showing confidence in its momentum for the rest of the year.
Target Q2 profit beats forecasts, but sales decline again
Shares dropped despite strong profits, as investors reacted to weak traffic and CEO Brian Cornell's plan to step down for executive Michael Fiddelke.
Ahold Delhaize sees strong Q2 U.S. growth
Performance was impacted by the closure of underperforming Stop & Shop stores and lower gasoline sales.
Kellanova Q2 profit miss reflects U.S. consumer spending pressure
CEO Steve Cahillane acknowledged that “demand softness in most of our categories did not improve as much as we had hoped.”