Retailers are planning to open more stores than they close this year, according to a mid-year tally by Coresight Research. The firm noted on July 4 that planned and announced retail store openings for 2024 total more than 4,200.
For supermarket operators, the nonfoods business is a riddle. An afterthought for many shoppers — and arguably, in some cases at least, for the retailers themselves — products in the category generally deliver significantly higher margins than food and beverages.
The next milestone in the development of a vibrant community dedicated to nonfoods products within FMI – The Food Industry Association will be reached in September, when the group’s first business conference devoted to such categories is convened here.
Kroger Co. posted first-quarter earnings that topped expectations.
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.
Kristal Sevcik, vice president of business development at AmeriQual Group LLC, has been elected chairperson of the board of directors of PLMA, the trade association for the global store brands industry.
ARLINGTON, Va. – FMI, The Food Industry Association, announced it is promoting key staff members to elevated roles.
WASHINGTON – Inflation and the Federal Reserve’s efforts to bring it under control will remain big factors in the economy this year, according to National Retail Federation Chief Economist Jack Kleinhenz.“With the U.S.
