Consumers ‘willing to spend’ even as growth slows
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.
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Father’s Day spending to total $22.4 billion
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 adds VP for merchandising and pharmacy
SpartanNash has named Graham McIvor to the newly created post of vice president for merchandising and pharmacy, effective immediately.
Video Forum: Kathleen McLaughlin, Walmart
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 turns in strong third quarter performance
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 dietitians to offer free omega-3 screenings
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.
FMI partners on cybersecurity, threat assessment
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).
Food Lion Feeds awards more than $675,000 in grants
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.
Dollar General’s first quarter results top forecasts
Dollar General Corp. cited an increase in customer traffic and market share gains in posting financial results for its first quarter that surpassed analysts’ forecasts. Net sales for the 13 weeks to May 3 increased 6.1% to $9.9 billion. Same-store sales were up 2.
NACDS engages in Food as Medicine Strategy Summit
NACDS participated on May 30 in a panel discussion hosted by thINc360 – The Healthcare Innovation Congress, which focused on how pharmacies and other healthcare stakeholders can help broaden the impact of food is medicine programs through technology, partnerships, and evidence-based interventions.
Kroger Health to host Nourishing Change Conference
Kroger Health has announced the dates for its Nourishing Change Conference, a groundbreaking event this summer that will explore the transformative power of nutrition, consumer product goods, technology, retail, and other health interventions that can improve the well-being of individuals and commun
Dollar Tree acquires rights to 99 Cents Only Stores
Dollar Tree Inc. today said it has acquired the designation rights to 170 leases of 99 Cents Only Stores in four states: Arizona, California, Nevada and Texas.
Walgreens introduces summer of savings
Walgreens has introduced more opportunities for consumers to save throughout the season and beyond. The company also plans to introduce a series of promotional campaigns, including the return of Walgreens popular myW Days in mid-July.
Walmart supports Arkansas community following storms
Walmart, in partnership with the Walmart Foundation, is taking steps to aid its hometown following severe storms and tornadoes that left many across Northwest Arkansas with damage to their homes and without electricity.
Meijer to open first grocery format store in Indiana
Meijer will open its new 90,000-square-foot grocery format store on July 11 at the Promenade of Noblesville, Ind., the retailer said on Tuesday. This is Meijer’s first grocery format store in Indiana, where it will complement the retailer’s 42 supercenters in the state.
Kroger expands own brand pet food line
Kroger Co. is expanding its own brand pet food offerings in celebration of National Pet Month, adding new products to its Abound product line and updating the packaging.