September 15, 2023 by MMR
digital transformation, Dollar Tree, Family Dollar
Leading Headlines, Retail News
CHESAPEAKE, Va. — Family Dollar is updating its mobile app with features intended to give shoppers “a completely new mobile shopping and saving experience.” Featuring a fresh interface and seamless navigation, the app will help shoppers effortlessly manage coupons using the redesigned wallet feature, explore engaging weekly ads, and easily locate products with intelligent searches,
September 15, 2023 by MMR
Albertsons Cos., Albertsons digital tools, Meal Plans and Recipes Tool
Leading Headlines, Retail News
BOISE, Idaho — Albertsons Cos is updating its Meal Plans digital tool to provide grocery shoppers with culinary inspiration and to help them save time and money. The tool, accessed through the retailer’s app and websites, provides features such as a budget tracker, an expanded library of more than 8,000 recipes (many developed by professional
September 11, 2023 by MMR
Dollar Tree, Family Dollar, Jocelyn Konrad
Featured Articles, Leading Headlines, People, Retail News
CHESAPEAKE, Va. – Dollar Tree Inc. has announced three new leadership appointments to its field operations organization led by Mike Creedon, the company’s chief operating officer. Jocelyn Konrad has joined the company as the new senior vice president, chief of stores for Family Dollar. She brings more than 15 years of experience in operational roles
September 11, 2023 by MMR
Ginger Graham, roz brewer, Walgreens Boots Alliance
Issue 09-11-2023, Issues
DEERFIELD, Ill. — Roz Brewer has stepped down as chief executive officer at Walgreens Boots Alliance. She took the job in March 2021, becoming the first African-American and the first woman to lead the chain drug retailer. Brewer also vacated her seat on the WBA board. The company said her sudden departure was mutually agreed
September 11, 2023 by MMR
Dollar Tree, earnings, Q2, sales
Issue 09-11-2023, Issues
CHESAPEAKE, Va. — Dollar Tree Inc. surpassed Wall Street’s expectations for both the top and bottom lines in the second quarter of fiscal 2023. In response, management has raised its full-year sales outlook and tightened its earnings per share projection. “At our June Investor Conference we shared the details of our strategy to transform the
September 8, 2023 by MMR
fiscal second quarter earnings, Inflation, Kroger
Leading Headlines, Money, Retail News
CINCINNATI — The Kroger Co. today said revenue declined in the second quarter of fiscal 2023 as the rate of inflation slowed. Kroger reported net sales of $33.8 billion for the three months to August 12, down from $34.6 billion in the comparable period a year ago. Kroger reiterated its forecast for the full year
September 8, 2023 by MMR
Kroger, opioid settlements
Leading Headlines, Retail News
CINCINNATI — The Kroger Co. today said it has agreed to pay $1.2 billion to U.S. states, local governments and Native American tribes to settle the majority of claims that it fueled the opioid epidemic through its lax oversight of its pharmacy sales. That settlement would allow for “full resolution” of all claims on behalf
September 8, 2023 by MMR
Albertsons, C&S Wholesale Grocers, Kroger
Featured Articles, Leading Headlines, Retail News
CINCINNATI — The Kroger Co. and Albertsons Cos. today announced that they have entered a definitive agreement with C&S Wholesale Grocers LLC for the sale of 413 stores and other assets in connection with the supermarket retailers’ proposed merger. The agreement also calls for Keene, N.H.-based C&S Wholesale to acquire three banners, eight distribution
September 7, 2023 by MMR
CVS Health Corp. announced Thursday additional responsibilities for several members of the company’s executive leadership team, effective immediately:
Featured Articles, Leading Headlines, Retail News
WOONSOCKET, R.I. — CVS Health Corp. announced Thursday additional responsibilities for several members of the company’s executive leadership team, effective immediately: • Shawn Guertin will continue as chief financial officer and is now president of Health Services. • Prem Shah will continue as chief pharmacy officer and is now the sole president of Pharmacy and
September 7, 2023 by MMR
Dollar General Corp., Jeff Vaughan, Rod West
Featured Articles, Leading Headlines, People
GOODLETTSVILLE, Tenn. — Dollar General Corp. in recent days announced the promotions of five executives to new leadership roles. They are: • Rod West, named executive vice president of global supply chain. The promotion gives West responsibility for the the company’s distribution center operations, transportation, supply chain modernization and private fleet. West is an 18-year
September 7, 2023 by MMR
debit cards, J.D. Power, point of sale
Featured Articles, Leading Headlines, Money
TROY, Mich. — Debit cards are used by more consumers than any other form of payment at the point of sale, with 78% of consumers saying they use debit cards for the majority of their purchases, according to a report from J.D. Power U.S. J.D. Power concluded that consumers on average tend to use at
September 6, 2023 by MMR
Albertsons, C&S Wholesale Grocers, Kroger
Leading Headlines, Retail News
NEW YORK – C&S Wholesale Grocers is reportedly in talks to potentially buy grocery stores from Kroger and Albertsons as the retailers pursue regulatory approval of a proposed merger that could require divestiture of hundreds of supermarkets. News of the talks was first reported by Bloomberg News and picked up by other media outlets. Reuters,