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Inside This Issue - News

MMR honors Costco as Retailer of Year

The year 2013 was a challenging one for mass market retail, as a sluggish economic recovery and cowed consumers frustrated the hopes of many retailers. In that environment, only a handful of chains emerged ­undaunted.

Gourlay named top global retailer

MMR’s Global Retailer of the Year for 2013 is Alex Gourlay.

Pugh gets Retail Achievement award

The editors of MMR have selected Bryan Pugh, senior executive at Walgreen Co., to receive this publication’s first Retail Achievement award, a recognition marking a remarkable career, one that is noted for both its longevity and its accomplishment.

Holiday sales not so very merry

While stronger retail sales in November raised retailers’ hopes for the holidays, it appears that those hopes were disappointed.

Walmart tabs global president

Walmart has named company veteran David Cheesewright president and chief executive officer of Walmart International.

Kroger appoints Tuffin to head retail divisions

Kroger Co. has promoted Mark Tuffin to senior vice president of retail divisions. He succeeds Michael Ellis, who was elevated to the position of president and chief operating officer on January 1.

Target hit by theft of credit, debit card data

Target Corp. has suffered a major security breach that may have resulted in a theft of data from as many as 40 million credit and debit card accounts. It was the second-largest data theft from a retailer in the United States.

Aldi gears up for expansion

Grocer Aldi said last month that it will open 650 new stores across the country over the next five years.

Rite Aid, GNC renew, expand partnership

Rite Aid Corp. and GNC have extended their existing partnership through 2019 and announced plans to add at least 300 more GNC LiveWell store-within-a-store locations inside Rite Aid outlets over the next five years.

Swipe fee settlement challenged

The National Retail Federation (NRF) has filed an appeal aimed at overturning what it calls a flawed credit card swipe fee settlement.

Fifty Hy-Vee stores to get restaurants

Hy-Vee Inc. will add Market Grille and Market Café restaurants to 50 stores around the Midwest next year, a report in the Des Moines Register says.

Local suppliers aided by Whole Foods

Whole Foods Market Inc. has achieved its initial goal of funding $10 million in low-interest loans to local and independent food businesses. The company has also committed up to $25 million in funding.