Walmart introduces new grocery brand
BENTONVILLE, Ark. – Walmart is pitching a new private-label grocery brand, bettergoods, to shoppers looking for “elevated culinary experiences.
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Amazon tops expectations for revenue, earnings
SEATTLE – Amazon posted better-than-expected revenue and earnings in the quarter ended March 31. Net sales increased 13% from a year earlier to $143.3 billion. The company reported first-quarter net income of $10.4 billion, or 98 cents a diluted share, compared to $3.2 billion a year earlier.
Walmart’s Kevin Host elected NACDS chair
so that pharmacies may continue to deliver “never-ending innovations” across the total store for Americans in their moments
Walmart to close all 51 health centers
Walmart today said it has made the “difficult decision” to close its Walmart Health and Walmart Virtual Care clinics, citing a lack of profitability. “The decision to close all 51 health centers across five states and shut down the virtual care offering was not easy.
Amazon delivery gets faster
SEATTLE – Amazon today said it continues to increase the speed with which it gets deliveries to customers. Nearly 60% of orders placed through Prime across 60 U.S. metro areas in the first quarter arrived the same day or next day, the company said. Prime members in major cities across the U.S.
FMI taps Julie Savoie to lead workforce initiatives
ARLINGTON, VA – FMI – The Food Industry Association, has tapped Julie Savoie to lead the association’s strategic direction for, and implementation of, member workplace and workforce initiatives. She will also help oversee the FMI sustainability agenda.
Mother’s Day spending expected to hit $33.5 billion
WASHINGTON – Mother’s Day spending is expected to reach $33.5 billion this year, according to the annual consumer survey by the National Retail Federation and Prosper Insights & Analytics. The figure is the second highest in the history of the survey, following last year’s record $35.7 billion.
Swipe fee costs average household more than $1,100
WASHINGTON – Soaring credit and debit card swipe fees cost the average U.S. household more than $1,100 last year, the Merchants Payments Coalition said.
Video Forum: Kevin Host, Walmart
Kevin Host, senior vice president of pharmacy at Walmart and incoming NACDS chairman, talks about the state of the association and the industry it represents.
Acosta: Grocery channel can grow with HBC/GM
The opportunities for grocery retailers to grow their health and beauty care and general merchandise sales are exponential, according to a new study by Acosta Group.
DoorDash and Walgreens to empower SNAP recipients
DoorDash is collaborating with Walgreens to offer SNAP/EBT payment at nearly 7,800 Walgreens stores across the country.
Ahold Delhaize opens a tech studio in Bucharest
Ahold Delhaize said Wednesday that it is opening a new new tech studio in Bucharest called AD/01. The company expects to staff the studio with about 250 tech employees who will work on innovations aimed at providing an improved customer experience at Ahold Delhaize’s European brands.
Cantaloupe report: cashless, touchless payments surging
MALVERN, Pa. – Cantaloupe Inc., a leading provider of end-to-end technology solutions for self-service commerce, has released its highly anticipated Cantaloupe 2024 Micropayment Trends Report. The report analyzes payment transaction data from a sample of more than 600,000 (out of 1.
NRF issues statement on final overtime rule
The National Retail Federation issued the following statement from Executive Vice President of Government Relations David French after the Department of Labor (DOL) released its final overtime rule.
Amazon adds low-cost grocery delivery subscription option
In a bid to bring greater convenience to budget-minded food shoppers, Amazon has unveiled a new grocery delivery subscription option to Prime members and customers using EBT in over 3,500 cities and towns across the United States. Priced at $9.