Costco Wholesale Corp. posted net sales growth of 5.7% for its second quarter as more members visited its warehouse clubs and spent more per trip. Traffic was up 4.3% in the United States and 5.3% companywide, Costco reported on March 7. Net income in the period through February 18 was $1.
Kroger Co. reported flat sales for the fourth quarter and fiscal year ended February 3, but profits beat expectations. The retailer reported a $736 million profit on sales of $37.1 billion for the three-month period. Kroger noted that identical sales (excluding fuel) decreased 0.
Some forecasters see partly cloudy skies ahead for the U.S. economy, which could translate into weaker sales gains for retailers in the coming months. The Conference Board recently upgraded its forecast, saying that it no longer expects a recession this year. But the news is not all good.
warfare in Europe and the Middle East, high food prices, and the promise and peril of generative AI among them — have diluted the sense of urgency to address climate change, it’s heartening to see a major private sector initiative, designed to reduce greenhouse gases, come to
and, no great surprise, the news is overwhelmingly positive. To begin at the beginning, Craig Jelenik, the retailer’s longtime (and very effective) chief executive officer, has retired, ending an era of unprecedented retail success.
As executive vice president of merchandising at Costco Wholesale Corp.
Ulta Beauty continues to produce strong sales and profits by giving customers what they want. That’s exactly Monica Arnaudo’s superpower as the chief merchandising officer for the nation’s largest beauty retailer.
As executive vice president of consumables for Walmart U.S., Silvia Azrai Kawas leads the omnimerchandising strategy and assortment for the company’s Consumables business, including baby, beauty, health and wellness, household essentials, personal care, and pets businesses.
With more than 20 years in the retail industry, Shweta Bhatia, senior vice president of information technology applications and base engineering, leads Dollar General’s technology development, overseeing the implementation and management of all the retailer’s IT infrastructure systems and platforms.
As executive vice president and president of Walgreens Retail and the company’s chief customer officer, Tracey Brown’s mission is clear: to make Walgreens the most convenient health and wellness destination with the most trusted offerings across the health care continuum.
As chief marketing officer of the Pharmacy and Consumer Wellness business unit, Erin Condon leads the teams that drive the integrated marketing plans and shopper experience in CVS Pharmacy stores. “I have the privilege of being part of the retail leadership team at CVS Health.
As senior vice president and assistant general counsel for labor and employment at Dollar General, it’s Melanie Cook’s responsibility to manage the company’s legal risks and help navigate and implement the company’s strategic plans and initiatives.
In recent years Sam’s Club has achieved stunning sales growth without expanding its physical footprint.
Alisa Dart joined Dollar Tree Inc. last spring as senior vice president of asset protection and safety, a role that gives her oversight of two business groups: asset protection and environmental health and safety.
Joy Errico has led Rite Aid’s internal and external communications team for more than two years, driving consumer and corporate messaging and crisis communications.
Kiera Fernandez was promoted to executive vice president and chief community impact and equity officer of Target last October.
