GOODLETTSVILLE, Tenn. — Dollar General Corp. on Friday appointed Ana Chadwick, executive vice president and chief financial officer of Pitney Bowes Inc., to its board of directors, effective July 30, 2022. “Dollar General is pleased to welcome Ana to our board of directors,” said Dollar General board chairman Michael Calbert. “She brings valuable international experience
UNION, N.J. — Bed Bath & Beyond Inc. has named Sue Gove, an independent director on the company’s board and chair of its strategy committee, the company’s interim chief executive officer. She replaces Mark Tritton, who has left his role as president, CEO and board member, the company said. The move came as the retailer
MINNEAPOLIS – Target Corp. today said sales increased in its first quarter but higher costs impinged on profits. Comparable sales increased 3.3% in the quarter, reflecting traffic growth of 3.9%, the company said. Store comps were up 3.4% while digital comps increased 3.2%. Sales growth was led by frequently purchased categories, including food and beverage,
BENTONVILLE, Ark. – Walmart posted mixed results for the first quarter of fiscal 2023. Adjusted earnings per share for the three months ended April 30 were $1.30, well short of the $1.48 that analysts had forecast. The company said inflation hurt the bottom line. Revenue beat analysts’ estimates, rising 2.4% to $141.57 billion. Wall Street
WASHINGTON — President Biden Thursday asked retailers and manufacturers, including Walmart, Target, Reckitt, and Gerber, to do more to help families get infant formula. He discussed Reckitt and Gerber’s efforts to increase production to make up for lost supply from Abbott, and asked them to identify other ways the administration can help them. The conversation
NEW YORK — La Roche-Posay has launched its Anthelios UV Correct SPF 70 Daily Anti-Aging Face Sunscreen formulated with Cellox-B3 Shield technology to correct and protect skin from signs of sun damage. The sheer finish lotion blends easily on all skin tones in oxybenzone and octinoxate-free formula. La Roche-Posay’s exclusive Cellox-B3 Shield technology combines photostable
WARWICK, R.I. — BJ’s Wholesale Club has opened a new concept club called BJ’s market in Warwick, RI. The 43,000-square-foot outlet is about half the size of a traditional BJ’s club, and is meant to offer a selection of top-selling fresh foods, produce, sundries, and seasonal products for members in a convenient, efficient shopping environment.
NEW YORK – Regional supermarket operators Meijer and Bashas’ separately announced they are now accepting online payments by shoppers enrolled in SNAP, the Supplement Nutrition Assistance Program. Meijer said this week it had added the capability at all of its Michigan locations, and would soon extend the service to SNAP shoppers in Ohio, Indiana, Illinois,
BENTONVILLE. Ark. – Walmart is celebrating the grand opening of its Import Distribution Center in South Carolina, a $220 million facility designed to store and sort imported goods that arrive through the Port of Charleston – the country’s eighth-largest port — for delivery to 850 regional Walmart and Sam’s Club locations across the Southeast. “Our
BENTONVILLE, Ark. — In conjunction with Earth Day, Sam’s Club and Synchrony, a consumer financial services company, have introduced a reward on the Sam’s Club Mastercard that provides additional value for cardholders when charging an electric vehicle. Beginning May 1st, members with a Sam’s Club Mastercard will earn 5% back in Sam’s Cash on EV
WASHINGTON – Consumers continued to spend in March despite price hikes driven by a four-decade high in inflation, according to economic data released today. March retail sales were up 0.5%, the Commerce Department reported. It was the third consecutive month in which retail sales increased in the face of rising prices, notably an 8.9% spike
GOODLETTSVILLE, Tenn. — The relentless expansion of Dollar General’s retail footprint has taken the discount chain into its 47th state, with the recent opening of its first store in Idaho. And with expansion comes new jobs — the company said that it expects to create 10,000 career opportunities in fiscal 2022, increasing its workforce by