Retail sales this year will increase between 2.5% and 3.5% from 2023 levels, according to the latest forecast from the National Retail Federation (NRF), which foresees sales rising to between $5.23 trillion and $5.28 trillion.
Rite Aid this month announced plans to close 53 more stores, adding to the roughly 200 it has shuttered since filing for Chapter 11 bankruptcy protection late last year.
Meijer will open two new 159,000-square-foot supercenters, in Alliance and North Canton, Ohio, on May 14, increasing the retailer’s store count to 55 in the state. Meijer previously announced plans to open a 159,000-square-foot supercenter in Hillsdale, Mich.
Albertsons Cos. has launched a new, simpler version of its “for U” loyalty program, designed to provide more value and greater ease for the retailer’s 38 million loyalty program members.
MMR and Chain Drug Review have partnered with ECRM for Founders’ Innovation Day, an exclusive event designed for D2C and emerging brands to make the most of their potential at food, drug and mass retailers, and from e-commerce.
99 Cents Only Stores LLC commenced going-out-of-business sales and said it would close all 371 of its stores, ending the chain’s 42-year run as a deep-discount retailer.
The Consumer Healthcare Products Association (CHPA) and MMR are jointly funding a scholarship program to help support and attract new talent to the health care industry.
To support the next generation of pharmacists, CVS Health has announced two new offerings for pharmacy students: an enhanced PharmD tuition assistance program for eligible CVS Pharmacy interns and a new scholarship for students enrolled in pharmacy schools nationwide.
BJ’s Wholesale Club recently announced locations for new warehouse clubs in five cities in the Midwest and Southeast. The openings are the latest in an expansionary wave that will put the warehouse club operator into its 21st state in early 2025.
The COVID-19 pandemic forced sweeping changes in the way business was conducted in America. People worked from home and relied on technology to connect with others, as Zoom calls replaced in-person meetings and even trade shows went virtual.
Sports fans know that great athletes are distinguished by intangibles as much as their physical prowess. The phenomenon was neatly encapsulated by hockey star Wayne Gretzky when he said, “I skate to where the puck is going to be, not where it has been.
Stew Turley recently passed away, a victim of deteriorating health and advancing age.
At a time when consumer packaged goods companies and retailers face constant profit pressures, reassessing commercial strategies is paramount. As companies focus on driving long-term profitable growth, revenue growth management (RGM) is more critical than ever.
In the ever-shifting landscape of retail, the dynamics of the workforce and store merchandising are undergoing significant transformations. Both the composition of the workforce and the merchandising tasks they are assigned in the store are central to this change.
and drive long-term loyalty. One innovation poised to revolutionize category management strategies is digital shelf tags. Replacing traditional paper tags, electronic
