BENTONVILLE, Ark. — Walmart posted third quarter sales and earnings that topped expectations, and the company raised its outlook for the year. Comparable sales at Walmart U.S. grew 9.2% versus the prior-year period, with 15.6% increase on a two-year stack basis. Walmart U.S. e-commerce sales grew 8% for the quarter and 87% on a two-year
GOODLETTSVILLE, Tenn. — Dollar General Corp. has named Michael Joyce its new senior vice president of supply chain strategy, inventory and demand management. Reporting directly to Tony Zuazo, Dollar General’s executive vice president of global supply chain, Joyce will lead the company’s supply chain functions, including inventory management, product fulfillment, supply chain strategy and demand
WEST SACRAMENTO, Calif. — Raley’s chief operations officer Kevin Konkel will retire, effective January 7, culminating nearly four and a half decades of service to the company. “Kevin is the epitome of a ‘service leader.’ His knowledge, professionalism and leadership have been a source of stability and inspiration. Kevin is far more than just a
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) and VillageMD this month announced plans for new Village Medical at Walgreens primary care practices in Texas and Florida. The companies intend to open more than 20 new practices in the Dallas area over the next year, and 20 in the Tampa area. WBA recently increased its investment
CARLISLE, Pa. — In its move to serve more customers in Philadelphia, the GIANT Co. this month opened a new fulfillment center in the City of Brotherly Love. The supermarket retailer is poised to open three more stores in the city in the coming weeks. The 124,000-square-foot GIANT Direct E-commerce Fulfillment Center also enables the
MINNEAPOLIS — Target reported that its third quarter profits increased 47% on a 13% sales gain as the retailer successfully navigated challenges presented by inflation and supply issues. Sales reached $25.3 billion in the three-month period that ended October 30, compared to $22.3 billion in the comparable period last year. Sales at stores that have
WESTBOROUGH, Mass. — BJ’s Wholesale Club reported strong sales results in the third quarter. Comparable-club sales (excluding gasoline) increased by 5.7%, reflecting a two-year stacked comp of 24.2%. Digitally enabled sales growth was 44%, reflecting two-year stacked comp growth of 244%. The company’s earnings per diluted share of 92 cents reflected a 4.5% year-over-year increase.
WASHINGTON D.C. — The CHPA Educational Foundation’s 6th Annual Gala, held on November 17, drew 230 people representing 60 companies to a hybrid event with in-person and virtual components. The event was held live from the Pando Studio in Ambler, Pa. with an in-studio audience and 100 virtual attendees shown on a video wall. There
ASHEVILLE, N.C. — Ingles Markets Inc. on Wednesday reported increased sales and net income for the three- and 12-month periods ended September 25. Net sales totaled $1.34 billion for the quarter, an increase of 11.6% compared with the $1.2 billion recorded in the prior-year period. Net income totaled $71.7 million for the September 2021 quarter
EL SEGUNDO, Calif. — ChildLife Essentials is launching ChildLife Sleep Essential, an all-natural sleep support supplement free of melatonin. ChildLife Sleep Essential’s formula combines a blend of herbal extracts with suntheanine and ETAS to encourage healthy quality sleep for kids. Most sleep supplements on the market contain melatonin, which is a hormone the brain produces
WEST DES MOINES, Iowa — Hy-Vee Inc. has adopted a new Seafood Supplier Code of Conduct (SCoC) that reinforces its commitment to environmentally and socially responsible seafood, the company said Wednesday. “Hy-Vee is committed to advancing social responsibility in our seafood supply chains, and this new Code of Conduct is an articulation of our company
CLEVELAND — A federal jury on Tuesday found that pharmacies operated by Walmart, CVS Health and Walgreens contributed to the opioid epidemic in two Ohio counties, Reuters reported. The trial was for a lawsuit filed in 2018 by Ohio’s Lake and Trumbull counties against Giant Eagle, Walgreens Boots Alliance, CVS Health and Walmart. Thousands of