Issue 08-14-2017

Walmart tightens ship

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

GOP drops border tax proposal

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

Food Lion’s Greensboro makeover

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

Amazon sets the pace for growth in retail

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

New president named at Rexall

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

Brotman, Costco cofounder, dies

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

Amazon deal a game changer

Amazon deal a game changer

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