WSL Future of Health Event

Issue 06-19-2023

Walmart seeing results of ‘truly omni’ mindset

FAYETTEVILLE, Ark. — The Wal­mart that Doug McMillon presides over is a different place than it was when he became chief executive officer nine years ago. At the time, some industry observers viewed the company as too vast and deeply rooted in brick-and-mortar retailing to compete effectively in the age of e-commerce. With McMillon’s prodding,

Walgreens cuts corporate staff

DEERFIELD, Ill. — Walgreens will be cutting over 500 jobs, mostly at its headquarters here and its Chicago office. About 10%, or 504, of the company’s corporate employees will be laid off, Walgreens spokesman Marty Maloney confirmed, noting that none of the staff at stores, micro-fulfillment centers, or call centers will be affected. Maloney said

Albertsons, Rite Aid hone store brands

NEW YORK — Albertsons Cos. and Rite Aid Corp. are among mass retailers enhancing their store brand offerings as growth of the brands continues to outpace gains by national brands. The Private Label Manufacturers Association (PLMA) reported store brand sales increased 11.3% last year as national brand sales increased 6.1%. In volume terms, store brand

Dollar General posts mixed Q1 results

GOODLETTSVILLE, Tenn. — Dollar General Corp.’s first quarter sales increased 6.8%, but its operating profit declined slightly, to $740.9 million, as the retailer confronted a macroeconomic environment that was “more challenging than expected,” said chief executive officer Jeff Owen. Same-store sales were up 1.6% in the period ended May 5, while diluted earnings per share

Furner: Retailers need to share data on crime

GRAPEVINE, Texas — Shoplifting and other retail crime has become a topic of concern for consumers as well as retailers themselves, according to a recent survey conducted for the National Retail Federation (NRF). More than half (53%) of consumers believe retail crimes such as shoplifting and looting stores have increased in their community since the

Dollar General names Deckard to new position

GOODLETTSVILLE, Tenn. — Dollar General Corp. has promoted company veteran Steve Deckard to the newly created role of executive vice president for growth and emerging markets, in one of a number of recent leadership moves. Deckard, who most recently served as senior vice president of emerging markets and led the company’s international expansion into Mexico,

Grocers can ease SNAP recipients’ pain

Low-income consumers tend to be underappreciated and misunderstood. But a recent study by the customer data science company dunnhumby suggests that grocers should consider paying more attention to their customers who are Supplemental Nutrition Assistance Program (SNAP) recipients. SNAP recipients spend more of their money on food than people with higher incomes, according to dunnhumby,

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