February 8, 2022 by MMR
Kenny Kimball, Kroger, Kroger chairman and CEO Rodney McMullen, Mark Tuffin
Featured Articles, Leading Headlines, People, Retail News
CINCINNATI — Kroger Co. senior vice president of retail divisions Mark Tuffin is retiring after more than 26 years, effective April 1. He will be succeeded by Kenny Kimball, who is currently president of the Smith’s division. Kimball joined the organization in 1984 as a courtesy clerk in the Smith’s division. He went on to
February 7, 2022 by MMR
Newsweek, ShopRite
Leading Headlines, Retail News
KEASBEY, N.J. – ShopRite has been named the ‘Most Trusted Grocery Retailer in the Northeast’ in a new survey conducted in partnership with Newsweek magazine and the consultancy firm, BrandSpark International. To identify the winners, Newsweek and BrandSpark International surveyed 3,200 U.S. adults nationwide to capture their opinions of grocery stores across the region. Each retailer was
February 7, 2022 by MMR
Costco, Craig Jelinek, Ron Vachris
Leading Headlines, People, Retail News
ISSAQUAH, Wash. — Costco Wholesale Corp. has named Ron Vachris president and chief operating officer. Vachris, 56, previously served as executive vice president and chief operating officer, merchandising, a position he was named to in June 2016. Vachris succeeds Craig Jelinek in role of president, while Jelinek remains chief executive officer and a member of the
February 4, 2022 by MMR
conscious consumerism, RangeMe, retail recap
Retail News
SAN FRANCISCO — 2021 was the year the world got smaller, and this was ever present across the retail industry, according to the online retail platform RangeMe. RangeMe analyzed data from more than 15,000 retail buyers and over 200,000 product suppliers on its platform to help report the latest trends. Results show an increased interest in “conscious consumerism”
February 4, 2022 by MMR
Amazon Prime, fulfillment costs, retail subscriptions
Leading Headlines, Money
SEATTLE – Amazon announced it will help offset rising fulfillment costs by raising the price of Prime, increasing the annual fee for U.S. members by $20 to $139, beginning next month. The company made the announcement February 3 as part of its financial report for the three months ended December 31. Amazon posted sales of
February 4, 2022 by MMR
heart health, Hy-Vee
Leading Headlines, Retail News
WEST DES MOINES, Iowa — Hy-Vee’s registered dietitians will mark Heart Health Month by hosting events focused on heart health throughout February. The dietitian team will host educational events, including virtual cooking and nutrition classes, as well as free, in-person cholesterol screenings at select locations. February is also Black History Month and this year’s theme
February 3, 2022 by MMR
first quarter 2022, Ingles Markets
Leading Headlines, Money, Retail News
ASHEVILLE, N.C. — Ingles Markets Inc. reported increased sales and net income for the three-month 2022 fiscal first quarter ended December 25. “We were fortunate to have good sales and overall results for the quarter that includes Thanksgiving and Christmas,” said company chairman Robert Ingle II. “Despite supply chain disruptions from the Omicron variant, our
February 3, 2022 by MMR
Leading Headlines, Supplier News
STAMFORD, Conn. — The German skincare company Beiersdorf has officially moved its North American headquarters from Wilton, Conn. to Stamford, Conn., and has debuted a new Innovation Center in Florham Park, NJ. Both new facilities represent a strong commitment to the region and will help drive growth for Beiersdorf with a strengthened position in the
February 3, 2022 by MMR
Albertsons Cos., ECRM, Jonathan Mayes, RangeMe
Leading Headlines, Retail News
BOISE, Idaho — Albertsons Cos. is expanding its supplier diversity program as part of an ongoing commitment to diversity, equity and inclusion, the company said on Thursday. The company, which is seeking to partner and support innovative and diverse suppliers, is hosting its second virtual summit this week. “Albertsons Cos. is dedicated to providing opportunities
February 3, 2022 by MMR
Musab Balbale, Walmart Beauty
Featured Articles, Leading Headlines, People, Retail News
NEW YORK — Musab Balbale is leaving his position as vice president and general manager of Walmart Beauty, and will reportedly take the top merchant role at CVS Health. Balbale announced his departure from Walmart in a post on his LinkedIn page. Industry sources say he is headed to CVS Health, to fill the post
February 3, 2022 by MMR
Costco, Costco Wholesale Corp., January sales
Featured Articles, Leading Headlines, Money, Retail News
ISSAQUAH, Wash. — Costco Wholesale Corp. reported net sales of $15.76 billion for the retail month of January, an increase of 15.5 from $13.64 billion last year. The company noted that Lunar New Year/Chinese New Year occurred on February 1 this year, 11 days earlier than last year. The shift favorably impacted Costco’s “Other International”
February 2, 2022 by MMR
Craig Herkert, Leon Bergmann, Save-A-Lot
Featured Articles, Leading Headlines, People, Retail News
ST. LOUIS — Save A Lot has named Leon Bergmann its new chief executive officer. Bergmann will succeed interim CEO Craig Herkert, who will work to ensure a smooth transition in the coming weeks before Mr. Bergmann assumes the role in March. Bergmann brings more than 20 years of experience in the grocery and wholesale