March 5, 2021 by MMR
Albertsons Cos., Chris Rupp, Safeway, Tortoise
Leading Headlines, Retail News, Topics

BOISE, Idaho — Albertsons Cos. is testing a remote-controlled, zero-emission delivery cart in Northern California, the retailer said Friday. “Our team is obsessed with trying new and disruptive technologies that can bring more convenience for our customers,” said Albertsons Cos. chief customer and digital officer Chris Rupp. “We are willing to quickly test, learn, and
March 5, 2021 by MMR
Costco, second quarter
Featured Articles, Leading Headlines, Money, Retail News

ISSAQUAH, Wash. — Costco Wholesale Corp. posted net sales of $43.89 billion, a gain of 14.7%, for the second quarter ended February 14. Comparable store sales for the 12-week period increased 12.6% (excluding impacts from changes in gasoline prices and foreign exchange rates) in the United States, and 12.9% for the company as a whole.
March 5, 2021 by MMR
Dave McGlinchey, new store openings, Sprouts Farmers Market
Leading Headlines, Retail News

PHOENIX, Ariz. – Sprouts Farmers Market plans to add 20 stores this year, including four with a new, smaller format, the retailer said on Friday. “This year, Sprouts will densify its footprint with more stores opening in California, Florida and Texas,” said Dave McGlinchey, the retailer’s chief format officer. “We’re excited to introduce our newest
March 4, 2021 by MMR
Ocean Spray, Ocean Spray Wave, Walmart
Supplier News

BOSTON — Ocean Spray Cranberries Inc. is introducing Ocean Spray Wave, a naturally caffeinated sparkling water with a splash of real fruit juice that is launching exclusively with Walmart. The collaboration with Walmart led to the creation of the lightly caffeinated beverage and is currently available online at Walmart.com and in store. “Ocean Spray Wave
March 4, 2021 by MMR
Kellogg, Kellogg's Cinnabon® Bakery Inspired Jumbo Snax
Supplier News

BATTLE CREEK, Mich. — Kellogg Co. has introduced its Cinnabon Bakery Inspired Jumbo Snax, featuring cinnamon-sugar swirl-shape pieces designed to evoke the experience of eating a cinnamon roll. The new flavor hits cereal aisles nationwide in April alongside new Kellogg’s SMORZ Jumbo Snax. The newly returned Kellogg’s SMORZ Cereal, now turned cereal for snacking, features toasted
March 4, 2021 by MMR
fiscal year, fourth quarter, Kroger, Kroger CFO Gary Millerchip, Rodney McMullen
Featured Articles, Leading Headlines, Money, Retail News

CINCINNATI — Kroger Co. on Thursday reported solid fourth-quarter results that included an identical store sales gain of 10.6% (excluding fuel) and digital sales growth of 118%. “I am incredibly humbled by the strength of our associates and what we continue to accomplish together,” Kroger chairman and CEO Rodney McMullen said. “Our customers are at
March 4, 2021 by MMR
affordable housing, CVS Health, Phoenix, Project Health
Leading Headlines, Retail News

WOONSOCKET, R.I. — CVS Health will invest $12.4 million to build 60 new units of affordable housing in south Phoenix and expand its no-cost preventive health screening program, Project Health, in the greater Phoenix area, the company said Thursday. The moves are part of what CVS Health describes as its commitment to provide $600 million over five years to address
March 4, 2021 by MMR
BJ's, BJ's Wholesale Club, fiscal fourth quarter
Leading Headlines, Money, Retail News

WESTBOROUGH, Mass. — BJ’s Wholesale Club Holdings Inc. on Thursday reported record sales for its fiscal fourth quarter and year. Comparable club sales, excluding gasoline sales, increased by 15.9%, including digitally-enabled sales growth of 168%, for the fourth quarter of fiscal 2020. Income from continuing operations increased 127.3% year-over-year to $95.9 million, for the 13-week
March 4, 2021 by MMR
Walgreens Find Care
Leading Headlines, Retail News

DEERFIELD, Ill. – Walgreens is expanding its digital health platform, Walgreens Find Care, to include 11 new and four expanded collaborations with service providers, offering easier access to care during the COVID-19 pandemic, the company said Thursday. These new and broadened services span regional health systems and leaders in diabetes health care technology, hearing, vision,
March 4, 2021 by MMR
February sales, MasterCard SpendingPulse
Featured Articles, Leading Headlines, Retail News

PURCHASE, N.Y. — U.S. retail sales grew 4.6% in February despite winter storms that blasted much of the country, according to Mastercard SpendingPulse. Online sales grew 54.7% compared to 2020. Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, notes that its sales figures for February were adjusted to account
March 4, 2021 by MMR
CEO Update, FMI - The Food Industry Association, FMI president and CEO Leslie Sarasin, Hy-Vee chairman and chief executive officer Randy Edeker
Leading Headlines, People, Retail News

ARLINGTON, Va. – Leslie Sarasin, president and chief executive officer of FMI – The Food Industry Association, has been named the 2021 Association CEO of the Year by CEO Update magazine. This recognition is awarded annually to the outstanding trade association chief executive officer. FMI chairman Randy Edeker, chairman, president and CEO of Hy-Vee Inc.
March 3, 2021 by MMR
Combination Stores, Dollar Tree, Family Dollar, fourth quarter
Leading Headlines, Money, Retail News

CHESAPEAKE, Va. — Dollar Tree Inc. said Wednesday that its net sales and comp store sales increased in the fourth quarter, and suggested that various strategic initiatives are gaining traction, including a new format for small towns that combines the Dollar Tree and Family Dollar brands. Consolidated net sales totaled $6.77 billion for the fiscal