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Store brands set new market share records

Store brands set new market share records

Store brands reached all-time highs in both unit and dollar share during the first six months of 2024, compared to the same period a year ago, according to new Circana sales data provided exclusively to PLMA.   Unit market share was 22.9% and dollar market share was 20.4%, as of June 16. “These

NRF’s Kleinhenz: Economy is in ‘critical moment’

NRF’s Kleinhenz: Economy is in ‘critical moment’

WASHINGTON – As inflation continues to ease and the Federal Reserve ponders when to lower interest rates, the nation is in a “critical moment” of waiting to see what will happen next, according to National Retail Federation Chief Economist Jack Kleinhenz.

Walmart Health shopping vacant clinics

Walmart Health shopping vacant clinics

Walmart is in the process of seeking buyers for its vacant health clinics, according to published reports. In April, Walmart announced the closure of all its medical centers and telehealth services, adding that its pharmacies at retail centers will continue to operate as normal.

Meijer celebrates its 90th anniversary

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 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.