BIRMINGHAM, Ala. — Shipt announced it will add 100,000 shoppers this holiday season, bringing its personal shopper base to over 300,000. Over the past six months, Shipt has experienced fast-paced growth, doubling its shopper base, expanding its retailer footprint and growing its membership and customer base. The continued growth of its shopper community will not
BENTONVILLE, Ark. — Walmart has shuffled its merchandising management ranks while eliminating some positions in its merchandising and replenishment divisions. At the same time, the retailer has unveiled new proposals to promote manufacturing in the United States. The management changes are taking place in food, general merchandise and merchandising operations, and they were revealed in
WASHINGTON — Retailers celebrated congressional Republicans’ recent move to give up their pursuit of the border adjustment tax (BAT). Prior to GOP leaders’ announcement of the decision on July 27, retailers that receive many of the goods they sell from overseas had expressed concerns about the BAT, claiming that it would pass hefty costs on
CAMP HILL, Pa. — Rite Aid Corp. expects to strengthen its store base with the sale of nearly 2,200 units to Walgreens Boots Alliance Inc. (WBA). In a filing with the Securities and Exchange Commission, Rite Aid said it would have 2,336 stores following the sale, compared with 4,522 currently. The chain said that its
SALISBURY, N.C. — Food Lion celebrated the remodeling of 93 stores in the Greensboro, N.C., market on August 2 with ribbon-cutting ceremonies and gift card giveaways. Officials at the Ahold Delhaize banner said the remodels are part of a $178 million investment in the Greensboro market that includes lower prices and the hiring of hundreds
WASHINGTON — Whether they sell through brick-and-mortar stores, online or both, companies that provide unique offerings and experiences for consumers dominate the Hot 100 Retailers released by the National Retail Federation. The list of fastest-growing retailers, compiled by research firm Kantar Retail, is based on sales growth in 2016 and ranks both public and privately
MISSISSAUGA, Ontario — McKesson Canada president Domenic Pilla has announced that Beth Newlands Campbell has been appointed president of the Rexall drug chain. Her experience includes 27 years with Delhaize America and more recent work with Canadian food retailer Sobeys Inc. “The retail pharmacy industry faces many challenges. Competitive dynamics, regulatory pressure and meeting the
ISSAQUAH, Wash. — Jeff Brotman, cofounder of Costco Wholesale Corp. and the company’s chairman, died in his sleep earlier this month at age 74. Brotman helped build Costco into a global retailing powerhouse and was prominent in Puget Sound-area philanthropic and civic circles. “The thoughts of Costco’s board, management and employees are with Jeff’s wife
WOONSOCKET, R.I. — CVS Health and Cleveland Clinic are expanding the clinical affiliation they forged eight years ago to enhance access to and quality of health care for patients in Northeast Ohio and Florida. The partners aim to build on the success of the alliance by introducing new services through CVS Pharmacy and MinuteClinic locales.
WEST DES MOINES, Iowa — Hy-Vee Inc. customers will soon have not only more healthy choices in store aisles but also fewer ingredients to read on product labels. The Midwestern supermarket chain announced changes to select Hy-Vee brand food items last month as part of its Clean Honest Ingredients label initiative. The retailer said it
CHICAGO — The growth in consumer packaged goods is anemic, and marketplace competition is fierce, so winning in this environment requires a keen understanding of consumers’ evolving path to purchase and dynamic marketplace shifts. To get a clear understanding of the rapidly changing CPG marketplace and the latest growth opportunities, IRI took a closer look
The fallout from Amazon.com Inc.’s agreement to acquire Whole Foods Market Inc. is just beginning. But the implications are already clear: This transaction, if completed, will shake up the mass retailing community as nothing has done in years, if not decades. Parallels do not come readily to mind. Walgreen Co.’s merger with Alliance Boots GmbH