Dollar Tree names Michael Creedon as permanent CEO
“His strategic vision, deep understanding of the business, and collaborative leadership have earned the trust of the entire organization.”
MMR
Food Lion Feeds' holiday hunger relief campaign provides record number of meals to families in need
“We are deeply grateful for our customers’ selflessness during a time when they are setting their own tables.”
NRF: 157 million consumers expected to shop on Super Saturday
"Over half of consumers expect to complete their shopping in the week leading up to the Christmas holiday.”
NACDS to Capitol Hill: Stand strong on PBM reform
NACDS: “As the continuing resolution is finalized, Americans and their pharmacies are watching and waiting for real PBM reform now to lower drug costs and to protect pharmacy access”.
Food inflation is mostly manageable, but price hikes for eggs and beef raise concerns
“As we approach the December holidays, consumers tell us they continue to feel confident in managing their grocery budgets.”
Albertsons sues Kroger, terminates $25 billion merger agreement after courts block deal
“Given the recent federal and state court decisions to block our proposed merger with Kroger, we have made the difficult decision to terminate the merger agreement.”
Hy-Vee partners with Grocery TV to enhance its in-store advertising
Move will power one of the largest in-store retail media networks in U.S. grocery.
Hershey president and CEO Michele Buck to lead U.S. Confection business on an interim basis
Michael Del Pozzo, president of the U.S. Confection unit, is departing the company effective December 12.
WSJ: Walgreens in talks to sell itself to private equity firm Sycamore Partners
The article says that WBA and Sycamore Partners have been discussing a sale that could be completed early in 2025, citing unidentified sources "familiar with the matter."
Retail sales rose in November despite two Thanksgiving weekend days shifting to December
Total retail sales rose 0.15% seasonally adjusted month over month and 2.35% unadjusted year over year in November, according to the CNBC/NRFRetail Monitor.
Ports brace for record imports amid threats of strikes and tariffs
“Either a strike or new tariffs would be a blow to the economy, and retailers are doing what they can to avoid the impact of either for as long as they can.”
Meijer extends home delivery service to reach millions more consumers across the Midwest
“We know our customers are busier than ever, and this expansion gives us a unique opportunity to make their lives easier.”
Dollar General kicks off the second week of its “24 Days of Savings” promotion
The daily deals promise significant markdowns on holiday essentials, seasonal gifts, and everyday items.
Wegmans to expand footprint with three new stores in 2025
The openings include two in new markets: one in Connecticut and one on New York's Long Island.