ISSAQUAH, Wash. — Costco Wholesale Corp. has tapped Claudine Adamo to serve as executive vice president and COO for merchandising. Adamo, who most recently served as senior vice president of nonfoods merchandising, succeeds Ron Vachris, who was recently promoted to president and chief operating officer. Craig Jelinek, who had previously held the title of president,
CINCINNATI — Kroger announced at its 2022 Business Update in Orlando Friday that it will offer more Americans delivery through the addition of spoke facilities in Austin and San Antonio, Texas and Birmingham, Ala. powered by the Kroger Fulfillment Network and Ocado Group. As a continuation of Kroger’s successful entry into Florida in 2021 without physical stores, the new Texas and Alabama facilities will serve
GOODLETTSVILLE, Tenn. — Dollar General Corp. said Friday that it expects to create about 10,000 net new career opportunities in fiscal 2022 as it continues to grow. Dollar General recently announced the planned addition of 1,110 new stores, includes approximately 100 new pOpshelf store locations. The company also plans to add new traditional and DG
ISSAQUAH, Wash. — Costco Wholesale Corp. reported net sales of $50.94 billion for the second quarter ended February 13. Net sales for the 24-week year-to-date period increased 16.4%, to $100.35 billion, up from $86.23 billion last year. Comparable club sales increased 11.3% in the United States (excluding the impacts from changes in gasoline prices and
GRAND RAPIDS, Mich. — Meijer is signing on as a customer for a utility-scale solar project that will help the retailer make significant strides toward its recently announced carbon reduction goal. The retailer said Thursday that it has signed a renewable energy power purchase agreement (VPPA) with developer Duke Energy Sustainable Solutions, which says Meijer
WESTBOROUGH, Mass. — BJ’s Wholesale Club said Thursday that it will be opening four new clubs as the first phase of its 2022 development plans. The clubs will be located in Warwick, R.I., Lady Lake, Fla., Canton, Mich., and Greenburgh, N.Y. “We continue to accelerate our expansion and we’re excited to open these new locations,”
CINCINNATI — Kroger delivered fourth-quarter results that topped expectations, with a total 3.7% sales gain (excluding fuel). Identical sales without fuel increased 4.0%, exceeding expectations for a 2.84% rise, and were up 14.6% on a two-year stack basis. Digital sales on a two-year stack grew 105%. Adjusted earnings per share of $0.91 also beat expectations.
LONDON — Haleon will be the name of the new company resulting from the proposed spin-off of GlaxoSmithKline plc’s (GSK) Consumer Healthcare business in mid-2022. Haleon (pronounced “Hay-Lee-On”) merges “hale,” an old English word that means “in good health,” and the Greek “leon,” which is associated with strength. The new brand identity was developed with
CARLISLE, Pa. – The GIANT Co. presented 17 awards at its annual business meeting last week, recognizing stores and individuals at the company for their accomplishments. “Over the past year, our team members once again went to great lengths to care for one another, their customers, and communities,” said GIANT president Nicholas Bertram said. “It’s
WOONSOCKET, R.I. — CVS Health invested $185 million in affordable housing in 2021 as part of a commitment to addressing housing insecurity and health inequities. These investments are part of the company’s efforts to advance health equity nationwide and will support the development and rehabilitation of more than 6,570 affordable housing units in 64 cities
ARLINGTON, Va. – The National Association of Chain Drug Stores (NACDS) announced Wednesday that Dr. Mark Esper – the 27th U.S. Secretary of Defense – will speak during the Business Program on Tuesday, April 26, at the 2022 NACDS Annual Meeting, which will be hosted April 23-26 in Palm Beach, FL. Sworn in as
TEL AVIV — Nutritional Growth Solutions has expanded into the U.S. retail market after sealing agreements with the multinational retailer Walmart, and online marketplace RangeMe USA, to sell Healthy Heights, its line of science–backed children’s protein shakes, on their online platforms. These deals are a key milestone in NGS’ retail expansion strategy in the US,