April 17, 2017 by MMR
next-generation redesign, Target Corp.
2017, Issue 04-17-2017, Issues
MINNEAPOLIS — Target Corp. has unveiled the elements of a redesign aimed at creating a faster, easier experience for a shopper running an errand while encouraging those not in a rush to linger in the aisles. The retailer expects its first fully re-imagined store will open this fall in a Houston suburb. In addition, 40
April 17, 2017 by MMR
Jeff Burt, Kroger Co., Target Corp.
2017, Issue 04-17-2017, Issues
MINNEAPOLIS — Target Corp. has named Jeff Burt senior vice president of grocery, fresh food and beverage. Burt joins Target from Kroger Co., where he most recently served as president of the Fred Meyer division. He assumed his new post effective April 10. In this role, Burt will be charged with helping to advance and
April 17, 2017 by MMR
Dollar Express Stores LLC, Dollar General Corp., Family Dollar, Family Dollar Stores Inc., Sycamore Partners Management LP
2017, Issue 04-17-2017, Issues
GOODLETTSVILLE, Tenn. — Dollar General Corp. is acquiring Dollar Express Stores LLC, operator of a chain of 323 discount stores in 36 states that were being run as Family Dollar outlets but had been sold off in 2015 when Family Dollar Stores Inc. accepted a buyout offer from then-rival Dollar Tree Inc. The 323 stores
April 17, 2017 by MMR
GreenWise, Publix Super Markets Inc.
2017, Issue 04-17-2017, Issues
LAKELAND, Fla. — Publix Super Markets Inc. is reviving its GreenWise store concept and banner. First introduced in 2007, Publix currently operates three GreenWise outlets: one each in Tampa, Boca Raton and Palm Beach Gardens. GreenWise is also the name of Publix’s natural and organic brand, which includes both food and nonfood items. The relaunch
April 17, 2017 by MMR
10-K filing, Kmart, Sears, Sears Holdings Corp., Securities and Exchange Commission
2017, Issue 04-17-2017, Issues
HOFFMAN ESTATES, Ill. — Concerns that the parent of Sears and Kmart is headed toward bankruptcy were rekindled when the company offered in a disclosure that it might not be in operation a year from now. “Our historical operating results indicate substantial doubt exists related to the company’s ability to continue as a going concern,”
April 17, 2017 by MMR
Shop ’n Save East, Shoppers, Supervalu Inc., Supervalu’s Farm Fresh
2017, Issue 04-17-2017, Issues
MINNEAPOLIS — Supervalu Inc. has consolidated the merchandising staff for three of its retail divisions, eliminating 21 positions, and shuffled some managerial roles. Responsibility for all merchandising for Supervalu’s Farm Fresh, Shoppers and Shop ’n Save East divisions has been shifted to the merchandising department at Shoppers, based in Bowie, Md. As a result, 21
April 17, 2017 by MMR
Kroger Co., www.krogerstories.com
2017, Issue 04-17-2017, Issues
CINCINNATI — Kroger Co. is getting creative. The company, which is one of the world’s largest grocery retailers with 2,796 food stores operating under a number of banners in 35 states and the District of Columbia, launched a new website last month, www.krogerstories.com, that features various formats to help convey how the company is distinguishing
April 17, 2017 by David Pinto
David Pinto, National Association of Chain Drug Stores Annual Meeting
2017, Issue 04-17-2017, Issues, Opinion
For many executives, this year’s National Association of Chain Drug Stores Annual Meeting could just as easily be labeled a weeklong First-Timers Reception. So dramatic has been the turnover of staffers at some of America’s leading mass retailers that many of the attendees at the 2017 event in Scottsdale, Ariz., have never been to an
April 17, 2017 by Jeffrey Woldt
Amazon, brick-and-mortar, e-commerce, Jeffrey Woldt
2017, Issue 04-17-2017, Issues, Opinion
The established order in mass market retailing has been shaken in recent years by the emergence and increasing prominence of Amazon and other e-commerce alternatives to brick-and-mortar stores. Online merchants continue to make inroads in one category after another — everything from books, (the foundation of Amazon’s business) and home entertainment to apparel and groceries.
April 17, 2017 by Randy Fields
Food Safety Modernization Act, FSMA, Randy Fields
2017, Issue 04-17-2017, Issues, Opinion
The headlines just keep coming: “ConAgra Agrees to Pay $11.2 Million in Salmonella Outbreak” “Two People Die After Eating Raw-Milk Cheese Made in New York State” “Brazil’s Largest Food Companies Raided in Tainted Meat Scandal” “3,300 Children Hospitalized After Food Poisoning” And those are just in the last few weeks. Concurrent with the ongoing deployment
April 17, 2017 by Nick McLean
Nick McLean, omnichannel, stores
2017, Issue 04-17-2017, Issues, Opinion
Traditional mass market retailers are in an interesting position for establishing success in an omnichannel retail environment. By default, physical stores are an integral part of their business model, with digital channels being complementary, not foundational, elements. This has been thought to put these traditionally physical retailers at a disadvantage. However, in one very prominent
March 27, 2017 by MMR
Brian Cornell, Target Corp.
2017, Issue 03-27-2017, Issues
NEW YORK — Target Corp. vowed to update hundreds of stores and make other investments in its business after it delivered a disappointing 2016 in terms of sales and earnings. The Minneapolis-based company pledged to spend $7 billion over the next three years to remodel more than 600 of its 1,800 stores, accelerate the expansion