In this week’s Video Forum, Chip Davis, president and chief executive officer of the Healthcare Distribution Alliance, talks about the evolution of the drug distribution sector, which links manufacturers, retail pharmacies, hospitals and other sites of care.
MMR held an event in New York this week to honor Mass Market Retailing’s Most Influential Women of 2024.
Complacency is the enemy of excellence. Doug McMillon delivered that message to a gathering of some 14,000 colleagues that marked the culmination of Walmart’s annual Associates Week.
At Walmart, the customer has always been at the center of everything. Helping people live better is not a mantra, it’s been part of the company since day one. Today’s customers are tech savvy, with elevated expectations around how, when and where they shop.
Walmart has launched a new program to train hourly workers for higher-paid positions while helping the retailer address its growing need for skilled technicians. It’s part of an ongoing effort to improve pay, benefits and opportunities for employees, according to the company.
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 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.
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.
Lynne Fruth, CEO of Fruth Pharmacy, continues recounting what it took to convince elected officials in West Virginia to make meaningful changes in rules governing PBM practices under the state’s public employees benefits plan.
Target reported that first-quarter sales were down compared to last year, as it had projected. However, the company expects sales to turn positive in the second quarter and for the year as a whole. Comparable sales declined 3.7% in the first quarter, reflecting a comparable store sales decline of 4.
In the first installment of a two-part interview, Lynne Fruth, CEO of Fruth Pharmacy, tells this week’s Video Forum about the company’s role in securing passage of legislation to rein in PBM practices under West Virginia’s public employees insurance plan.
With fiscal 2024 off to a solid start, Ahold Delhaize is setting its sights on accelerating growth across the 16 brick-and-mortar retail and e-commerce brands that it operates in Europe, the United States and Asia.
Walmart posted strong sales and profit growth for its fiscal first quarter ended April 26th. Revenues increased 6% in the quarter, to $161.5 billion, and operating income grew at a faster pace of 9.6% (13.7% adjusted). Walmart U.S. comparable store sales grew 3.
WASHINGTON – Data released by the U.S. Census Bureau today shows retail sales moderated in April, National Retail Federation Chief Economist Jack Kleinhenz said. “Even though household income and job growth are compressing, the consumer spending picture remains positive,” Kleinhenz said.
The Food Industry Association has announced the recipients of its 2024 Store Manager Awards. These outstanding individuals have demonstrated exceptional commitment to driving success within their respective stores, fostering a culture of excellence, and delivering exceptional customer experiences.
WASHINGTON – April retail sales were up modestly from March, according to the CNBC/NRF Retail Monitor, but were down slightly compared to last year. A shift in the timing of Easter appeared to be the reason for the year-over-year decline.
