Rite Aid bankruptcy plan approved
Last week a U.S. bankruptcy judge approved Rite Aid’s restructuring plan, allowing the pharmacy chain to cut its debt by $2 billion and turn over control to a group of lenders. U.S.
Retail News
Meijer celebrates its 90th anniversary
Family-owned retailer Meijer is celebrating its 90th anniversary with more than 500 Meijer supercenters, grocery stores, neighborhood markets, express locations, and distribution and manufacturing facilities throughout six Midwest states operated by more than 70,000 team members.
Target Circle Week to return in July
Target has announced that its savings event, Target Circle Week, will return July 7-13. “Target Circle is the best way for guests to save time and money every time they shop,” said Cara Sylvester, vice president and chief guest experience officer at Target.
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.
Walmart launches “Spicy Summer” campaign
BENTONVILLE, Ark.– Walmart is launching a “Spicy Summer” campaign based on the “Spicy Books” TikTok trend, rolling out a special, limited-edition “Spicy Books” Hot Sauce Set.
Target to sell Target Plus marketplace through Shopify
MINNEAPOLIS –Target has partnered with Shopify to offer a selection of its popular merchants and their products on Target Plus, the retailer’s third-party digital marketplace.
Walmart and Agritask collaborate on agriculture technology initiative
In collaboration with Walmart Global Tech’s Sparkubate, Walmart will work with Agritask to pilot a technology solution program that is geared to enable sourcing managers to make more well-informed decisions on seasonal fruit crop yields such as cherries and blackberries.
Dave Burwick to join BJ’s Wholesale board of directors
BJ’s has announced that Dave Burwick will join the company’s board of directors as a member of the company’s Nominating and Corporate Governance Committee, effective immediately. “We are pleased to welcome Dave to our board,” said Bob Eddy, chairman and CEO.
Target launches Store Companion, GenAI tool for employees
Target has announced plans to roll out Store Companion, a new generative artificial intelligence (GenAI) tool.
Kroger’s Q1 earnings beat expectations
Kroger Co. posted first-quarter earnings that topped expectations.
Circana: Retail sales show signs of stabilization
In May 2024, U.S. retail sales, including both discretionary general merchandise and consumer packaged goods (CPG), changed very little compared to last year’s performance.
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.
Rite Aid plans to shutter 12 more Michigan stores
Rite Aid plans to close 12 more Michigan stores, according to published reports citing a court filing earlier this week as the company seeks to exit federal bankruptcy protection. The document, filed Monday in U.S.
Hy-Vee awards $50,000 in grants to local minority- and women-owned businesses
Today, Hy-Vee, Inc. awarded $50,000 to minority- and women-owned businesses during the Hy-Vee OpportUNITY Inclusive Business Summit at the Sioux Falls Convention Center in Sioux Falls.
Sally Beauty and Instacart to offer same-day delivery
Sally Beauty and Instacart have announced a partnership to offer same-day delivery. Customers can now select from over 7,000 products to be delivered in as fast as an hour.