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Inside This Issue - News

For consumers, price is still paramount

While some economists have declared the recession over, discount retailers that have benefited from the downturn are wagering that consumers will continue to make price their highest priority for this year.

Walmart, Target now more alike

Walmart and Target Corp. are becoming increasingly similar as the former improves its merchandising prowess and the latter sharpens its pricing, a new report contends.

Drug chains react to Ontario pharmacy funding cuts

Just days after the Ontario health minister unveiled plans to halve the reimbursement rate for prescriptions filled with generic drugs, the two largest chains in the province altered their operations to deal with the expected loss in revenue.

Changes are in the works at Ahold

Ahold USA is planning a reorganization of its retail merchandising and marketing operations, according to published reports.

Food Lion spots tout low prices

Food Lion LLC has debuted a new television advertising campaign, highlighting reduced prices on thousands of its best-selling items.

Milestone hit by Fresh & Easy

Fresh & Easy Neighborhood Market reached and then quickly passed the 150-store mark earlier this month.

Asda CEO to relinquish post and take on new role

Andy Bond, president and chief executive officer of Asda PLC, will give up the position to become chairman of the retailer’s executive committee, a part-time role.

Delhaize exec calls for new kind of collaboration

Category management is too focused on product to serve today’s retailers well, argues Delhaize America Shared Services chief executive officer Rick Anicetti. What is needed is a new approach that puts a retailer’s customers at the center of the equation.

NRF tabs Shay as CEO

Matt Shay has been selected to serve as the next president and chief executive officer of the National Retail Federation (NRF).