Target said last month that it would be cutting prices on about 5,000 items this summer to encourage inflation-weary consumers to spend more in its stores. The move came as the retailer reported first quarter sales that were down compared to the same period last year. Comparable sales declined 3.
six years ahead of schedule. Working in concert with its CPG suppliers, 75% of which now take part in the program, the retailer has thus far been able to cut
The Economist is generally viewed as one of the more rational and conservative among the newsweeklies that bombard Americans and citizens of other countries each fortnight.
MMR held an event in New York this week to honor Mass Market Retailing’s Most Influential Women of 2024.
Complacency is the enemy of excellence. Doug McMillon delivered that message to a gathering of some 14,000 colleagues that marked the culmination of Walmart’s annual Associates Week.
Speaking at WSL’s event on Thursday, CVS Health’s Erin Condon talked about how consumer expectations around health care are changing, requiring a more personalized, inclusive and holistic approach. “At the end of the day, health is about living,” Condon said.
At Walmart, the customer has always been at the center of everything. Helping people live better is not a mantra, it’s been part of the company since day one. Today’s customers are tech savvy, with elevated expectations around how, when and where they shop.
Walmart has launched a new program to train hourly workers for higher-paid positions while helping the retailer address its growing need for skilled technicians. It’s part of an ongoing effort to improve pay, benefits and opportunities for employees, according to the company.
WASHINGTON – NRF chief economist Jack Kleinhenz says shoppers are still spending money in retail stores even as smaller wage gains and high interest rates slow consumer spending growth. “U.S.
WASHINGTON, June 3, 2024 – Father’s Day spending is expected to reach $22.4 billion this year, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics.
SpartanNash has named Graham McIvor to the newly created post of vice president for merchandising and pharmacy, effective immediately.
Kathleen McLaughlin, executive vice president and chief sustainability officer at Walmart, tells this week’s Video Forum about the retailer’s commitment to being a regenerative company.
Costco Wholesale Corp. reported net sales of $57.39 billion for its fiscal third quarter, up 9.1% over the prior year quarter. Net sales for the 36-week year-to-date period increased 7%, to $171.44 billion.
Hy-Vee Inc. said it will provide 2,000 free omega-3 index screenings at select Hy-Vee stores in June as a part of Alzheimer’s and Brain Awareness Month. Omega-3 fatty acids are essential to the body as they support a healthy heart and brain.
WASHINGTON – FMI, The Food Industry Association, is partnering with an organization that monitors and helps address cybersecurity and other threats. FMI is one of three trade groups joining forces with the Food and Agriculture Information Sharing and Analysis Center (Food and Ag-ISAC).
The Food Lion Feeds Charitable Foundation has awarded more than $675,000 in grants to over 250 nonprofit agencies and community feeding partners across Food Lion’s 10-state footprint.
