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Holiday retail sales projected to grow 7.4%

Holiday retail sales projected to grow 7.4%

PURCHASE, N.Y. – U.S. retail sales should hit an all-time high this holiday season, with consumer spending between November 1 and Christmas Eve increasing 7.4% from a year earlier, according to a forecast released today from Mastercard SpendingPulse. The forecast –- which doesn’t include a dollar projection and excludes automotive spending – foresees this year’s

Amazon reportedly planning bigger stores

Amazon reportedly planning bigger stores

NEW YORK — In the week that big-box retailers reported that shoppers are returning to stores came news of Amazon.com Inc.’s latest brick-and-mortar experiment. Citing people familiar with the plans, The Wall Street Journal reported that Amazon intends to open retail locations that would operate much like department stores, selling apparel, personal-technology gadgets, household items

Grocery sales, back-to-school spending fuel Walmart

Grocery sales, back-to-school spending fuel Walmart

BENTONVILLE, Ark. – Walmart continued to gain share of the U.S. grocery market in its second quarter, driven in part by growth in its nearly year-old Walmart+ membership program. A strong start to the back-to-school shopping season also helped lift comps at its U.S. stores, the company reported today. Walmart raised its forecast for fiscal

FMI applauds Senate Judiciary Committee on Rx legislation

FMI applauds Senate Judiciary Committee on Rx legislation

ARLINGTON, Va. – FMI – The Food Industry Association, which represents more than 12,000 supermarket pharmacies operated by food retailer member companies, on Thursday lauded the Senate Judiciary Committee for passing the bipartisan Prescription Pricing for the People Act (S.1388). Introduced by Sens. Chuck Grassley (R-IA) and Maria Cantwell (D-WA), this legislation would require the Federal

Grocers striving to be health destinations

Grocers striving to be health destinations

ARLINGTON, Va. — Food retailers are investing to turn their stores into community health and well-being destinations, according to a new report from FMI – The Food Industry Association. Eighty-four percent of respondents in a poll of grocery retailers said their company has an established health and well-being strategy, and this same share of retailers report that

Dollar Tree unveils retail media network

Dollar Tree unveils retail media network

CHESAPEAKE, Va. – Dollar Tree has launched a digital media platform designed to help consumer-goods brands engage with customers. The platform, dubbed Chesapeake Media Group, enables “personalized and ultra-targeted digital experiences” that can influence purchasing decisions in real time, Dollar Tree said in an April 15 statement introducing the network. “Brands will be able to

Walmart compliance chief to depart

Walmart compliance chief to depart

BENTONVILLE, Ark. – Walmart is looking for a new chief ethics and compliance officer to succeed Daniel Trujillo, who is leaving the company this week, according to a company memo. “Under Daniel’s leadership, we expanded our talent around the world and implemented comprehensive policies, processes, and systems to manage compliance risks associated with a broad

Former Macy’s marketing officer joins NRF

Former Macy’s marketing officer joins NRF

WASHINGTON – Former Macy’s executive Martine Reardon is joining the National Retail Federation as chief marketing officer and executive vice president of content and membership. Reardon spent the last decade with Macy’s, retailer of apparel, accessories, cosmetics, home furnishings and other consumer goods under the Macy’s, Bloomingdale’s and Bluemercury banners. She served as Macy’s chief

NACDS lauds legislation to update consumer protection

NACDS lauds legislation to update consumer protection

WASHINGTON – The National Association of Chain Drug Stores hailed the introduction of legislation that promises to increase transparency and accountability for e-commerce marketplaces and protects consumers from illicit online products and fraud. The INFORM Consumers Act (S. 936) was introduced on Tuesday, March 23, by Senators Dick Durbin (D-IL), Bill Cassidy (R-LA), Mazie Hirono

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