NEW YORK — The German discount grocer Lidl has proven a strong competitor throughout Europe, with a business model based on small stores, a no-frills shopping experience and low low prices. But the chief executive officer of Schwarz Group, Lidl’s parent company, told a German business magazine that the company stumbled in its initial foray
WOONSOCKET, R.I. — CVS Pharmacy and the American Dental Association have announced a three-year initiative that gives the ADA a continuous in-store and digital presence to help put millions of dental patients on a path to better overall health. A core component of the initiative is to give premium placement and promotion to dental care
COLORADO SPRINGS, Colo. — A resource tool originally designed to help Global Market Development Center (GMDC) members track and understand marketplace data has been upgraded to provide a more intuitive user experience and deeper levels of analytics. The updated GM Hierarchy was launched on Wednesday by GMDC in partnership with Nielsen and Retail Insights LLC.
STELLARTON, Nova Scotia — Sobeys Inc. announced that it has agreed to use the e-commerce platform of Ocado Group PLC as it expands its online business. Ocado, a pioneering online grocer based in the United Kingdom and the world’s largest online retailer dedicated to groceries, will help Canada’s second-largest food retailer build a website and
SEATTLE — Amazon.com opened its first Amazon Go convenience store today, an experiment in checkout-free retail that replaces cashiers and checkout lines with overhead cameras and weight sensors that track the merchandise shoppers grab from the shelves and take with them. Shoppers use the Amazon Go app to gain entry to the store through a
ARLINGTON, Va. — Brian Cornell, chairman and chief executive officer at Target Corp., has been elected chairman of the board at the Retail Industry Leaders Association (RILA). Cornell was elected on Sunday to a two-year term, succeeding AutoZone Inc. chairman, president and CEO Bill Rhodes. RILA also selected four retail executives to join its board.
SEATTLE — Retail veteran Kathi Lentzsch has been named chief executive officer of Bartell Drugs. She succeeds Brian Unmacht, who resigned last spring. Unmacht was the first person outside of the Bartell family to head the company. Lentzsch has more than three decades of retail experience with executive positions in companies including Pier 1 Imports and Cost
RONKONKOMA, N.Y. — The Nature’s Bounty Co. has named Bob Goode chief customer officer in the U.S. Goode has extensive experience across the spectrum of the company’s customer base, the company said, adding that over his 30-year career, Goode has become known for his merchandising skills, cross-functional collaboration, delivery of results and building strong relationships.
BENTONVILLE, Ark. — Walmart has named Judith McKenna president and chief executive officer of Walmart International, effective February 1. She will succeed David Cheesewright. Cheesewright has led Walmart’s international division, which is the company’s second largest operating unit, since 2014. He will remain with Walmart in a full-time capacity through March, and will then move into
LAKELAND, Fla. — Publix Super Markets Inc. has begun providing up to a 90-day supply of commonly prescribed generic drugs for $7.50. The food and drug retailer said Tuesday that the new Publix Pharmacy program includes 29 generic medications in 85 dosage options. The drugs include highly prescribed treatments for heart health/cardiovascular, diabetes, cholesterol, mental health,
ST. LOUIS — Edgewell Personal Care said it has achieved a first in women’s shaving with the launch of the Schick Intuition f.a.b. bidirectional razor. Announced Tuesday, the Schick Intuition f.a.b. sports cartridges with bidirectional blades, enabling women to shave forwards and backwards — hence the “f.a.b.” in the product’s name — without lifting the razor
ST. LOUIS — Energizer Holdings Inc. plans to acquire the global battery and portable lighting business of Spectrum Brands Holdings Inc. for $2 billion in cash. The deal, announced Tuesday, will add the Rayovac and Varta battery brands — whose products include alkaline, carbon zinc, hearing aid and nickel metal hydride rechargeable batteries as well as battery chargers and