June 19, 2023 by Jeffrey Woldt
Doug McMillon, Jeffrey Woldt, Walmart
2023, Issue 06-19-2023, Issues
FAYETTEVILLE, Ark. — The Walmart that Doug McMillon presides over is a different place than it was when he became chief executive officer nine years ago. At the time, some industry observers viewed the company as too vast and deeply rooted in brick-and-mortar retailing to compete effectively in the age of e-commerce. With McMillon’s prodding,
June 19, 2023 by Jeffrey Woldt
Jeffrey Woldt, sustainability, Walmart
2023, Issue 06-19-2023, Issues
In the last issue of MMR, this space was devoted to the clear and present danger of climate change, and the responsibility that retailers have for doing everything they can to help alleviate the crisis. Walmart is one of the companies that has risen to the challenge, continually finding new ways to make its operations
May 22, 2023 by Jeffrey Woldt
Jeffrey Woldt, NACDS
2023, Issue 05-22-2023, Issues
PALM BEACH, Fla. — During its 90th anniversary year, the National Association of Chain Drug Stores has its sights set firmly on the future. At the NACDS Annual Meeting here last month, industry leaders expressed their determination to build on the association’s long record of achievement as they work to help shape the evolution of
May 22, 2023 by Jeffrey Woldt
climate change, Jeffrey Woldt, Peter Frankopan, The Earth Transformed: An Untold History
2023, Issue 05-22-2023, Issues, Opinion
In his new book, The Earth Transformed: An Untold History, Peter Frankopan examines the consequences of interaction between humans and the natural world over the course of millennia. He shows how the trajectory of history has been influenced by such environmental factors as heat waves, droughts, wildfires, floods and volcanic eruptions. Climate change played an
April 17, 2023 by Jeffrey Woldt
Jeffrey Woldt, St. Joseph’s University’s Future Food Industry Leaders 2023
2023, Issue 04-17-2023, Issues
St. Joseph’s University’s Future Food Industry Leaders 2023, held last month in Lafayette Hill, Pa., afforded retailers, CPG companies and grocery wholesalers an opportunity to do well by doing good. Developed by the school’s Academy of Food Marketing, and its executive director Joe Bivona and director of events Alison Nolan, the annual event provided rising
March 27, 2023 by Jeffrey Woldt
Andre Persaud, Jeffrey Woldt, Rite Aid
2023, Issue 03-27-2023, Issues
As it has on multiple occasions over the last quarter of a century, Rite Aid finds itself beset with uncertainty. The abrupt departure of chief retail officer Andre Persaud earlier this month, coming as it did on the heels of the company’s parting of ways with president and chief executive officer Heyward Donigan at the
February 27, 2023 by Jeffrey Woldt
Hy-Vee, Jeffrey Woldt, Randy Edeker
2023, Issue 02-27-2023, Issues
ORLANDO, Fla. — After spending several months fine-tuning its corporate structure and management team, Hy-Vee Inc., which operates more than 285 stores in eight Midwestern states, faces the future with confidence as it embarks on the final two years of the Randy Edeker era. Known first and foremost for its eponymous food/drug combination stores, Hy-Vee
February 27, 2023 by Jeffrey Woldt
Anthony Hucker, Craig Boylan, FMI midwinter conference, Jeffrey Woldt, supermarkets
2023, Issue 02-27-2023, Issues, Opinion
Craig Boyan and Anthony Hucker, two of the retailers who spoke at the FMI Midwinter Executive Conference in Orlando, Fla., last month, offered particularly astute assessments of the state of the grocery business and the issues that now confront supermarket operators. After praising the industry’s proven ability to adapt to changing conditions — an especially
January 30, 2023 by Jeffrey Woldt
Jeffrey Woldt, Kate Ancketill, National Retail Federation’s Big Show
2023, Issue 01-30-2023, Issues
If recent history has taught mass market retailers anything, it is that established patterns of business are sometimes upended in sudden and unexpected ways. Kate Ancketill, founder and chief executive officer of London-based GDR Creative Intelligence, addressed the implications that major disruptions have for merchants during a presentation at the National Retail Federation’s Big Show.
January 16, 2023 by Jeffrey Woldt
Colleen Lindholz, Jeffrey Woldt, Kroger, Kroger Health, MMR’s Retailer of the Year Award
2023, Featured Articles, Issue 01-16-2023, Issues, Leading Headlines, Retail News
CINCINNATI — While Kroger Co. is best known as the nation’s grocer, the company is also a potent force in health care, with 2,255 pharmacies and 226 clinics across the U.S. The drive is under way to maximize synergies between the two sides of the business, positioning “food as medicine” as a means to keep
January 16, 2023 by Jeffrey Woldt
Jeffrey Woldt, rising prices
2023, Issue 01-16-2023, Issues
As the Consumer Price Index was rising at a rate of 7% or more per month over the past year, mass market retailers and their customers learned to cope with market conditions not present in this country for four decades. Despite some recent moderation in the inflation rate — it stood at 7.1% in November,
December 12, 2022 by Jeffrey Woldt
Doug McMillon, Jeffrey Woldt, retail crime
2022, Issue 12-12-2022, Issues, Opinion
The newfound willingness of executives to publicly discuss retail crime and its impact on consumers is a welcome development. Walmart CEO Doug McMillon is the latest in a series of industry leaders — a group that includes Andre Persaud, Rite Aid’s chief retail officer, and Target CFO Michael Fiddelke — to address the problem. “Theft