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Walmart says a new era of 'Adaptive Retail' is here
Walmart commissioned Morning Consult to conduct a survey of more than 2,200 U.S. shoppers.
Census data shows modest sales gains in June
WASHINGTON – Data released by the U.S. Census Bureau shows modest retail sales gains in June despite an uneven pace of spending in recent months, National Retail Federation chief economist Jack Kleinhenz said. “The path of household spending remains difficult to read,” Kleinhenz said.
FTI says online retail sales to hit $1.2 Trillion
U.S. online retail sales will reach $1.2 trillion in 2024, up nearly 10% from last year, according to FTI Consulting’s 2024 Online Retail Report. The firm’s Retail & Consumer Products practice, which conducted analysis for the report, expects U.S. e-commerce sales to account for 22.
Stop & Shop to close 32 underperforming stores
Stop & Shop said Friday that it will close 32 underperforming stores by year-end. The closures will leave the Ahold Delhaize chain with more than 350 stores across its five-state footprint. “Stop & Shop is proud of the deep roots and community ties we have developed as a neighborhood grocer of more
CNBC/NRF report sees moderate sales growth
WASHINGTON – Retail sales showed moderate growth in June amid a still-solid economy and near-zero inflation for retail goods, according to the CNBC/NRF Retail Monitor released Friday by the National Retail Federation.
Costco to raise membership fees in September
Costco Wholesale Corp. said it will increase its annual membership fees in the United States and Canada, effective September 1.
Kroger lists stores it will divest for merger deal
Kroger Co. has identified the 579 stores and other assets it will divest if its planned $24.6 billion merger with Albertsons Cos. goes through. The 579 stores owned by both retailers are located in 18 states and Washington D.C.
LeBlanc named merchandising VP for beauty, personal care at CVS
Michelle LeBlanc was appointed vice president of merchandising for beauty, personal care and Hispanic Center of Excellence (CoE) by CVS Health.
Video Forum: Sally Lyons Wyatt, Circana
In the second of two installments, Sally Lyons Wyatt, global executive vice president and chief advisor for consumer goods and foodservice insights at Circana, talks about the changes that traditional supermarkets need to make to attract and retain younger shoppers.
MMR, CDR honor “Retailers of the Year”
Racher Press hosted a gala reception last week to celebrate the winners of its MMR and Chain Drug Review Retailer of the Year awards for 2024. On hand to accept MMR awards were Dr.
Video Forum: Sally Lyons Wyatt, Circana, Part 1
Sally Lyons Wyatt, global executive vice president and chief advisor for consumer goods and foodservice insights at Circana, tells this week’s Video Forum about the state of American consumers in an inflationary environment.
WBA misses Q3 earnings estimates
Walgreens Boots Alliance Inc.’s third quarter earnings missed projections and the company cut its full-year profit outlook. Citing a “difficult” environment for shoppers and pharmacies, WBA announced plans to shutter a significant number of underperforming stores.
Target announces changes in top leadership roles
Target has named Christina Hennington, currently chief growth officer, as chief strategy and growth officer. Rick Gomez, currently chief food, essentials and beauty officer has been appointed as chief commercial officer, overseeing Target’s merchandising business.
Walmart expands pilot HIV screening program
BENTONVILLE, Ark.– Walmart has expanded its HIV Point-of-Care Screenings to 18 Specialty Pharmacies of the Community (SPOCs) – located within Walmart Pharmacies – in Colorado and Virginia.
Dollar General announces Tony Rogers as SVP, CMO
GOODLETTSVILLE, Tenn. – Dollar General has named Tony Rogers as senior vice president, chief marketing officer. Rogers has served as chief marketing officer at Walmart and chief marketing officer at Signet Jewelers.