Kroger names Mary Ellen Adcock chief merchandising and marketing officer
She succeeds Stuart Aitken, who will step down from his role as senior vice president and chief merchandising and marketing officer at the end of the year.
MMR
BJ’s Wholesale Club announces first membership fee increase in seven years
The fee increase and added benefits reflect BJ’s strategy to strengthen its value proposition for members while maintaining long-term growth.
Circana: Election uncertainty and early promotions weigh on retail sales in November
“Now that some of the election uncertainty has passed, consumers can focus on holiday shopping, but that comes with another set of distractions.”
CVS, Cigna, and UnitedHealth sue FTC, claiming PBM probe is unconstitutional
This is the latest move in a bitter legal fight between the three largest pharmacy benefit managers, or PBMs, in the U.S. and the FTC.
Circana report highlights the importance of SNAP shoppers for retailers and brands
“With one in eight Americans relying on SNAP for their nutritional needs, this group represents a critical segment for retailers and manufacturers.”
BJ's Wholesale Club reports membership growth and sales gains in Q3
"Our third quarter results demonstrate the combination of great value and strong execution. Our value proposition continues to resonate in new and existing markets."
Meijer plans to deliver four million meals to neighbors in need for Thanksgiving
When a customer buys a Meijer brand food product during Thanksgiving week, Meijer will donate a food item to a Simply Give food pantry partner.
Target stock plummets after Q3 earnings miss
Target reported mixed third-quarter results, with profits falling short due to cautious consumer spending and elevated operational costs. The retailer’s stock plunged over 20% as it lowered its full-year forecast and faced continued challenges in discretionary categories.
Circana: Food and beverage industry had modest growth in 2024; and the outlook for 2025 is encouraging
“Consumers are driven by a demand for value, impacting both volume and price/mix growth.”
Food Lion Feeds Foundation distributes $1.4 Million in grants to combat hunger in 2024
“At Food Lion, we believe no one should have to choose between dinner and rent or gas and groceries.”