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Jeffrey Woldt

Time for supermarkets to take action

SCOTTSDALE, Ariz. — If the operators of traditional supermarkets intend to command as prominent a position on the retailing scene of the future as they do today, they must act audaciously to fend off competition from a growing range of sources, in particular e-commerce, and stay in sync with the changing expectations of consumers. Driven

Grocers’ challenge in health, wellness

Grocers’ challenge in health, wellness

During wide-ranging remarks at the recent FMI Midwinter Executive Conference, Leslie Sarasin reiterated an important point about the nation’s supermarkets — the stores are ideally positioned to play a dominant role in meeting consumer demand for products and services that support health and wellness. The Food Marketing Institute’s president and chief executive officer talked about

CVS is helping shape health care’s future

CVS is helping shape health care’s future

CVS Health has once again exhibited the willingness to leverage its scale and diverse capabilities to support the well-being of patients. The company moved earlier this month to make a potentially lifesaving treatment for severe allergic reactions available to consumers at an affordable price. The operator of more than 9,600 retail pharmacies is offering a

Businesses face higher expectations than ever

Businesses face higher expectations than ever

A report about brand loyalty among Millennials released last month includes some surprising findings that should prompt mass market retailers and consumer products suppliers to reexamine the way they do business. Based on a survey of people between the ages of 18 and 34 conducted by research company YouGov and GT Nexus, a supply chain

Once again, Amazon aims to raise the bar

Once again, Amazon aims to raise the bar

Amazon is once again jolting the status quo in mass market retailing. The e-commerce pioneer, which has done more than any other company to transform consumer expectations and the way people shop, early this month took the wraps off an experimental brick-and-mortar store format with the potential to revolutionize the grocery shopping ­experience. Amazon Go,

With Trump, what’s next for health care?

With Trump, what’s next for health care?

For retail pharmacy operators, the election of Donald Trump as the next president of the United States ushers in a period of uncertainty. Health care was a focal point during the closing days  of his unorthodox campaign, when he repeatedly vowed that one of his top priorities after taking office would be to repeal and

Dynamic U.S. market will put Lidl to test

Dynamic U.S. market will put Lidl to test

Much of the talk in the supermarket industry revolves around the pending arrival in the United States of Lidl, a privately held company based in Neckarsulm, Germany, whose stores have had a powerful impact on markets across Europe. Now numbering more than 10,000 in 26 countries, Lidl supermarkets represent a compelling value proposition for many

Pharmacy chains show their community sense

Pharmacy chains show their community sense

The ongoing emergence of community pharmacy as a prominent player in the nation’s health care system was illustrated by a program sponsored by the Ohio Department of Aging last month. Thirty-six retail pharmacies, including outlets operated by Discount Drug Mart, Kroger, Rite Aid and Walgreens, offered free medication reviews on National Falls Prevention Awareness Day

Kmart needs more than a new format

Kmart needs more than a new format

The Kmart division of Sears Holdings recently garnered some favorable notice for the overhaul of its discount store in Des Plaines, Ill., not far from the parent company’s headquarters in Hoffman Estates. By all accounts, the outlet represents a significant step up for Kmart customers, who during the course of the chain’s long, slow decline

Walmart gets serious about e-commerce

Walmart gets serious about e-commerce

Walmart’s decision to acquire Jet.com speaks volumes about how the leadership team at the world’s largest retailer sees the impact of e-commerce on the consumer goods market, the company’s future role within the sector, and the transformation of the corporate culture created by Sam Walton more than half a century ago to ensure that Walmart

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