Rite Aid is closing another 53 stores
Rite Aid this month announced plans to close 53 more stores, adding to the roughly 200 it has shuttered since filing for Chapter 11 bankruptcy protection late last year.
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Meijer plans to open two supercenters in Ohio, one in Michigan
Meijer will open two new 159,000-square-foot supercenters, in Alliance and North Canton, Ohio, on May 14, increasing the retailer’s store count to 55 in the state. Meijer previously announced plans to open a 159,000-square-foot supercenter in Hillsdale, Mich.
Albertsons debuts simpler loyalty program
Albertsons Cos. has launched a new, simpler version of its “for U” loyalty program, designed to provide more value and greater ease for the retailer’s 38 million loyalty program members.
Partners set ECRM event
MMR and Chain Drug Review have partnered with ECRM for Founders’ Innovation Day, an exclusive event designed for D2C and emerging brands to make the most of their potential at food, drug and mass retailers, and from e-commerce.
99 Cents Only Stores is closing
99 Cents Only Stores LLC commenced going-out-of-business sales and said it would close all 371 of its stores, ending the chain’s 42-year run as a deep-discount retailer.
CHPA, MMR scholarship
The Consumer Healthcare Products Association (CHPA) and MMR are jointly funding a scholarship program to help support and attract new talent to the health care industry.
CVS adds tuition assistance, scholarship program
To support the next generation of pharmacists, CVS Health has announced two new offerings for pharmacy students: an enhanced PharmD tuition assistance program for eligible CVS Pharmacy interns and a new scholarship for students enrolled in pharmacy schools nationwide.
BJ’s adds clubs in four states, will enter Kentucky next year
BJ’s Wholesale Club recently announced locations for new warehouse clubs in five cities in the Midwest and Southeast. The openings are the latest in an expansionary wave that will put the warehouse club operator into its 21st state in early 2025.
In-person events will endure
The COVID-19 pandemic forced sweeping changes in the way business was conducted in America. People worked from home and relied on technology to connect with others, as Zoom calls replaced in-person meetings and even trade shows went virtual.
‘Soft Skills’ play a vital role in business
Sports fans know that great athletes are distinguished by intangibles as much as their physical prowess. The phenomenon was neatly encapsulated by hockey star Wayne Gretzky when he said, “I skate to where the puck is going to be, not where it has been.
Turley’s mark on the industry is indelible
Stew Turley recently passed away, a victim of deteriorating health and advancing age.
Revenue growth management is essential for long-term gains
At a time when consumer packaged goods companies and retailers face constant profit pressures, reassessing commercial strategies is paramount. As companies focus on driving long-term profitable growth, revenue growth management (RGM) is more critical than ever.
Evolving dynamics: Latest trends in workforce, merchandising
In the ever-shifting landscape of retail, the dynamics of the workforce and store merchandising are undergoing significant transformations. Both the composition of the workforce and the merchandising tasks they are assigned in the store are central to this change.
Digital shelf tags can revolutionize category management
and drive long-term loyalty. One innovation poised to revolutionize category management strategies is digital shelf tags. Replacing traditional paper tags, electronic
How retailers can stay away from pitfalls in the AI gold rush
Artificial Intelligence, you may have heard, is kind of a big deal, as much in retail as elsewhere. In fact, AI was a big deal in retail before the current gold rush kicked off by the splash success of ChatGPT and other generative AI technologies, though you wouldn’t know it from the media coverage.