The National Retail Federation (NRF) lowered its retail sales forecast for 2015, citing unexpectedly slow growth in the first half of the year, similar to the industry’s experience in 2014.
Walmart opened a new fulfillment center here that is dedicated to filling online orders. The 1.2 million-square-foot facility is part of a next-generation network devoted to supporting the company’s rapidly growing e-commerce business.
Chester "Chip" Davis has been named president and chief executive officer of the Generic Pharmaceutical Association (GPhA), taking over from Ralph Neas, who is stepping down.
Stop & Shop Supermarket Co. LLC and Acme Markets have agreed to buy stores from A&P, which earlier today announced it was filing for Chapter 11 bankruptcy protection and plans to sell off stores.
A&P has filed for bankruptcy, the second time in five years that it has sought Chapter 11 protection.
Jeff Berkowitz, executive vice president at Walgreens Boots Alliance and president of Pharma and Global Market Access, has left the company.
Dollar Tree has a new operations chief. Michael Witynski, 52, was named chief operating officer on Thursday, responsible for operations of Dollar Tree stores in the United States and Canada.
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