March 28, 2016 by MMR
CEO/President, Ingles Market, Jim Lanning
Featured Articles, Leading Headlines, People, Retail News
ASHEVILLE, N.C. — Ingles Markets Inc. has appointed Jim Lanning as chief executive officer and president. In his new post Lanning will continue to work with and report to company chairman Robert Ingle II. Lanning joined Ingles as a student in 1975 and has served as company president since 2003. As CEO/President, he will continue
March 24, 2016 by MMR
Dollar General Corp., Todd Vasos
Featured Articles, Leading Headlines, Retail News
GOODLETTSVILLE, Tenn. — Dollar General Corp. will present its strategic plans to support its growth model at its annual conference with investors on March 25. Todd Vasos, Dollar General’s chief executive officer, will provide an update on key initiatives to support the company’s long-term strategic plans aimed at delivering total annual shareholder returns (earnings per
March 23, 2016 by MMR
2015 fourth quarter, Fred's Inc.Fred’s chief executive officer Jerry Shore
Featured Articles, Leading Headlines, Money
MEMPHIS — Fred’s Inc. reported improved results for its fiscal 2015 fourth quarter and fiscal year on Wednesday. The company also announced that Michael Hayes, 74, is slated to step down as chairman of the board of directors on April 15, to be succeeded by director Thomas Tashjian, 61. Hayes will become chairman emeritus and
March 22, 2016 by MMR
Bob Mariano, Don Rosanova, Kroger Co., Michael Marx, Roundy's Supermarkets Inc.
Leading Headlines, People
CINCINNATI — Kroger Co. has promoted Michael Marx, currently its vice president of people operations for Kroger, to serve as president of its Roundy’s Wisconsin division. Don Rosanova, who has been serving as executive vice president of operations for Roundy’s, will become president of the Mariano’s chain, which operates in Chicago and is part of Kroger’s
March 21, 2016 by MMR
CPG Linkages, Ted Peterson
Supplier News
MCLEAN, Va. — Health and beauty aids industry veteran Ted Peterson, a former Consumer Healthcare Products Association (CHPA) executive, has formed CPG Linkages LLC, a business consulting firm. Peterson said Monday that CPG Linkages will focus on customer development, helping national trade associations and their manufacturer members connect with each other and their retail customers
March 21, 2016 by MMR
brick-and-mortar stores, chief executive officer Hank Meijer, Dollar General chief executive officer Todd Vasos, Dollar General Corp., Fry's Food Stores, Kroger Co., Meijer Inc., retailers
2016, Issue 03-21-2016, Issues
NEW YORK — Most retailers see online retailing as a critical part of their growth strategy, but that does not mean they can afford to neglect their brick-and-mortar stores. And in recent weeks a number of chains have detailed the sizable investments they plan to make in their physical stores this year. Dollar General Corp.,
March 21, 2016 by MMR
Canada, CVS Health, Target chairman and chief executive officer Brian Cornell, Target Corp.
2016, Issue 03-21-2016, Issues
NEW YORK — Having made a number of dramatic moves in the past year, from winding down its operations in Canada to selling its pharmacy business to CVS Health, Target Corp. is now focused on the elements needed to support ongoing growth. “Our future depends on getting the fundamentals right,” Target chairman and chief executive
March 21, 2016 by MMR
Katz Group, McKesson Corp., Rexall Health, Rexall/Rexall Pharma Plus. Canada
2016, Issue 03-21-2016, Issues
TORONTO — McKesson Corp. announced on March 2 that it would strengthen its position in Canada’s pharmaceutical supply chain by acquiring drug store operator Rexall Health from Katz Group for $3 billion (Canadian). Rexall Health operates 470 Rexall/Rexall Pharma Plus pharmacies in six provinces and one territory. McKesson already owns drug stores in Canada and
March 21, 2016 by MMR
Aldi, Brent Laubaugh, chief executive officer Jason Hart, Chuck Youngstrom, David Behm
2016, Issue 03-21-2016, Issues
BATAVIA, Ill. — In a move aimed at bolstering its leadership team to support its aggressive growth plans, Aldi has promoted Brent Laubaugh to serve as copresident of its U.S. operations, effective March 28. He will join current copresidents David Behm and Chuck Youngstrom, who will continue to serve in those roles. All three will
March 21, 2016 by MMR
Costco Wholesale Corp., Fred’s Inc., Rite Aid Corp.Walgreens Boots Alliance Inc., Thomson Reuters Same Store Sales Index
2016, Issue 03-21-2016, Issues
NEW YORK — The Thomson Reuters Same Store Sales Index is forecasting a 0.5% gain in U.S. same-store sales for February, which represents an improvement from January but would fall short of the 3% growth some analysts consider a benchmark for a flourishing retail sector. Costco Wholesale Corp. said its comparable-store sales in the four
March 21, 2016 by MMR
National Grocers Association, Nielsen
2016, Issue 03-21-2016, Issues
ARLINGTON, Va. — The National Grocers Association released top-line results earlier this month from its consumer trends study, which for the first time segments independent supermarket shoppers from national chain shoppers. The consumer trends study was conducted online by Nielsen on behalf of NGA from December 7 through December 22, 2015, among 1,525 U.S. adults
March 21, 2016 by MMR
antismoking, Be The First, CVS Health, CVS Health Foundation
2016, Issue 03-21-2016, Issues
WOONSOCKET, R.I. — CVS Health has launched a major initiative to stop people from smoking before they start. The chain drug retailer has introduced Be The First, a five-year, $50 million antismoking campaign targeting youth, with a goal of creating the nation’s first tobacco-free generation. Funded through CVS Health and the CVS Health Foundation, the