McMillon aims for a higher peak
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.
Issue 06-17-2024
May retail sales show healthy gain
Retail sales in May rebounded from a tepid April, according to the latest CNBC/NRF Retail Monitor, released June 10 by the National Retail Federation. Total retail sales, excluding automobiles and gasoline, increased 1.
Store closings are up significantly
Ahold Delhaize recently said it would shutter an undetermined number of underperforming Stop & Shop supermarkets this year, joining what some press reports have described as a “tsunami” of planned retail store closings.
Divesting Family Dollar mulled by Dollar Tree
Dollar Tree Inc. has launched a review of “strategic alternatives” for its beleaguered Family Dollar unit, including “a potential sale, spin-off or other disposition of the business.
Inflation weary consumers turn to Dollar General store brands
Although inflation’s pace has slowed since the middle of 2022, the cost of everyday essentials continues to rise.
Event spotlights retailers’ vital role in enhancing health care
Retailers have a critical role to play in providing health care products and services in a way that is more personalized, inclusive, accessible and holistic, according to retail executives who spoke earlier this month at a WSL event called “Beyond Wellness. The Future of Health.
Walgreens individualizes store assortments
Walgreens Boots Alliance is working to reenergize the front end at its nearly 9,000 retail pharmacies in the United States and Puerto Rico as it expeditiously responds to consumers’ changing needs and bolsters its competitiveness.
Cut prices but recalibrate value
Target said last month that it would be cutting prices on about 5,000 items this summer to encourage inflation-weary consumers to spend more in its stores. The move came as the retailer reported first quarter sales that were down compared to the same period last year. Comparable sales declined 3.
Walmart aims to go beyond sustainability
six years ahead of schedule. Working in concert with its CPG suppliers, 75% of which now take part in the program, the retailer has thus far been able to cut
In-store ads are Walmart’s latest coup
The Economist is generally viewed as one of the more rational and conservative among the newsweeklies that bombard Americans and citizens of other countries each fortnight.
