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LEADING HEADLINES

Bed Bath & Beyond announces strategic changes

Bed Bath & Beyond announces strategic changes

UNION, N.J. — Bed Bath & Beyond Inc. today announced reforms intended to hasten its latest turnaround. The changes — including store closings, job cuts and a revamped merchandising strategy — are aimed at improving its balance sheet and cash flows, the company said. The

Hy-Vee Sets ‘Best of Local Brands’ Summit

Hy-Vee Sets ‘Best of Local Brands’ Summit

WEST DES MOINES, Iowa — Hy-Vee, Inc. is accepting submissions from suppliers of local brands ahead of the retailer’s next “Best of Local Brands” summit” in November. The summit consists of 20-minute virtual interviews with selected suppliers and will take place November 2 through November

Dollar General announces officer promotions

Dollar General announces officer promotions

Dollar General Corp. on August 30 announced new leadership promotions and roles for nine officers. Shweta Bhatia has joined Dollar General as senior vice president of technology engineering. Bhatia brings more than 20 years of retail, technology and leadership experience in solution delivery and transformational

Winners of 2022 NACDS TSE Product Showcase unveiled

Winners of 2022 NACDS TSE Product Showcase unveiled

BOSTON – The National Association of Chain Drug Stores has announced the winners of the 2022 NACDS Total Store Expo Product Showcase. Products ranging from home health care to baby care and household products were on display in the “Product Showcase” on the exhibit floor

Technology sales to see modest declines

Technology sales to see modest declines

PORT WASHINGTON, N.Y. — The NPD Group expects 2022 and 2023 will see 6% and 3% year over year revenue declines, respectively, but remain above 2019 industry sales as a result of higher average selling prices (ASPs). Looking forward to the 2022 holiday season (Q4), consumer

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RETAIL NEWS

Food Lion expands To Go services

SALISBURY, N.C. — With more shoppers opting to save time by ordering groceries online, Food Lion is expanding its Food Lion To Go grocery pick up service to 15 more stores, beginning today. To mark the launch, Food Lion is waiving fees on shoppers’ first

Rising prices disrupting back-to-school shopping

PORT WASHINGTON — Rising prices and consumers shopping for more immediate needs has disrupted early back-to-school shopping season performance. In the first seven weeks of the back-to-school shopping season, U.S. non-school-related general merchandise sales revenue grew 4%, while school spending fell short of last year’s results. In

NACDS TSE kicks off in Boston

Brian Nightengale, NACDS chair of the Board and president, Good Neighbor Pharmacy. BOSTON – NACDS Chair Brian Nightengale, president, Good Neighbor Pharmacy, and National Association of Chain Drug Stores (NACDS) President and CEO Steven C. Anderson on Sunday welcomed back NACDS-member retailers and suppliers to

Kroger announces ‘Go Fresh & Local’ supplier winners

CINCINNATI — Kroger Co. has selected five new and emerging brands as the winners of its second annual Go Fresh & Local Supplier Accelerator. The chosen brands will join the assortment of local items available across the Kroger family of companies. “We are thrilled to

Dollar Tree sees second quarter sales gain

CHESAPEAKE, Va. — Dollar Tree Inc. reported that its consolidated net sales totaled $6.77 billion in the second quarter ended July 30, up 6.7% versus the prior year period. Comparable store sales were up 7.5% in the Dollar Tree chain, 2% in Family Dollar, and

SUPPLIER NEWS

Marty Esarte to lead private label at Walgreens

DEERFIELD, Ill. — Walgreens announced on Friday that Marty Esarte will join the company at the end of August as group vice president of Owned Brands, leading the company’s private label strategy. With over 20 years of retail and CPG experience at Clorox Co., Conagra

First Quality launches Earth + Eden Sensitive diapers

GREAT NECK, N.Y. — First Quality is launching its Earth + Eden Sensitive diapers with a renewed focus on eco-conscious design made safe and luxurious, the company said. Earth + Eden is a wellness brand that aims to help empower people who want to live

Zicam adds daily immune support products to lineup

EWING, N.J.— Church & White Inc.’s Zicam brand has launched two immune support gummy supplements — Zicam Daily Immune Support and Zicam Sleep + Immune Support with Melatonin — formulated to provide immune support year-round, day and night. According to the brand, the gummy supplements

Prunelax adds gummies to its product line

MIAMI — Garden House USA Inc. has launched Prunelax Gummies, featuring a new taste and texture option for the brand’s lineup of laxative supplements. Managing Director of Garden House USA, Ignacio Bentancur said the new product was designed with consumers in mind. “In a space