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Inside This Issue - News

Walmart embattled

Rocked by reports of a bribery scandal in its Mexican operations, Walmart has created a new corruption watchdog position and strengthened internal controls.

FMI eyes changing consumer

The economy and new technology are prompting major changes in the way consumers shop, according to the findings of the Food Marketing Institute’s (FMI’s) 2012 Grocery Shopper Trends research.

Sears promises transformation

Sears Holdings Corp. will be overhauled by an array of initiatives, executives said at the company’s annual meeting.

Wasson makes the case for value of pharmacy

The value of community pharmacy was the subject of Walgreen Co. president and chief executive officer Greg Wasson’s remarks in his initial address as new chairman of the National Association of Chain Drug Stores.

Van Helden plans to exit Supervalu

Pete Van Helden, executive vice president of retail operations at Supervalu Inc., will be leaving the company this spring in what the company refers to as “a mutually beneficial decision’’ for both Supervalu and the longtime retail veteran.

Same-store sales in April are disappointing

April sales were weaker than expected, as cooler weather and renewed worries about the health of the economy caused shoppers to rein in their spending.

Family Dollar

Family Dollar Stores Inc. is partnering with McLane Co. to enable the retailer to offer customers an expanded merchandise selection, including refrigerated and frozen food, across Family Dollar’s approximately 7,200 locations in 45 states beginning in September.

Virtual grocery store launched by Peapod

Peapod Inc., the online grocery delivery arm of Ahold USA, has introduced the first virtual grocery store in this country in a major commuter train station here.

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