WASHINGTON — The National Retail Federation on Tuesday announced the recipients of its 2023 NRF PROTECT Awards, which the trade group calls the highest loss prevention and asset protection recognitions in the retail industry. Six veteran loss prevention professionals will be honored on June 6 during the annual NRF PROTECT conference in Grapevine, Texas. “The
MARLBOROUGH, Mass. – BJ’s Wholesale Club Holdings Inc. today posted first-quarter earnings that the warehouse club operator said reflect strong traffic growth, market-share gains and an improved merchandise margin. “We reported a record first quarter in net income and adjusted EBITDA, demonstrating the power of our business model and the warehouse club channel,” Bob Eddy,
CHICAGO— The Sweets & Snacks Expo – kicking off this week in Chicago – has announced the winners of its annual Most Innovative New Product Awards. The awards recognize the year’s most innovative confectionery and snack products and honor the companies that make them. “Recognizing and celebrating innovation in the confectionery and snack categories is a
BENTONVILLE, Ark. — Walmart opened a high-tech market fulfillment center at a store here Monday in support of its strategy of leveraging physical stores to fulfill online orders. The new facility, which opened in Store 100 at 406 S Walton Blvd. in Bentonville, Ark., on Monday, is powered by a proprietary storage and retrieval system
Ahead of next month’s Healthcare Distribution Alliance Business and Leadership Conference, Chip Davis, president and chief executive officer of the association, tells this week’s Video Forum about the prevailing attitude in the industry. Full implementation of the Drug Supply Chain Security Act later this year, the challenge of coping with current shortages of some medications,
BENTONVILLE, Ark. — Walmart has named company veteran Latriece Watkins to the post of executive vice president and chief merchandising officer, effective immediately. She succeeds Charles Redfield, who is leaving the company this month after 32 years. “We have a rich history of strong leaders who embrace this constant change, set bold visions for our
WOONSOCKET, R.I. — CVS Health posted first quarter sales and earnings that beat Wall Street forecasts. Revenue for the period through March 31 increased 11% to $85.3 billion, exceeding analysts’ projection of $80.8 billion. Adjusted earnings of $2.20 per share topped the average estimate of $2.09. The company lowered its outlook for the full year,
GOODLETTSVILLE, Tenn. — After a professional finance career spanning more than three decades and nearly nine years in key leadership positions at Tennessee-based Dollar General, John Garratt begins his planned retirement on June 2. DG’s president and former chief financial officer is fondly looking back, and ahead, with his ever-present smile and pleasant demeanor that
ZAANDAM, Netherlands — Ahold Delhaize reported better-than-expected first quarter sales, driven by strong performances by its U.S. businesses. The company’s U.S. operations, which include the Food Lion, Stop & Shop, Hannaford Bros., the GIANT Co. and Giant Food chains, posted net sales of €13.5 billion ($14.8 billion) for the quarter, an increase of 5.7% at
GOODLETTSVILLE, Tenn. — Dollar General has expanded its global supply chain network with the opening of its first ground-up, dual facility in Blair, Neb., and two permanent regional distribution hubs, located in Newnan, Ga., and Fort Worth. The company also announced expansion plans for existing facilities in Jonesville, S.C., and Amsterdam, N.Y. “The recent additions
WASHINGTON – The Consumer Healthcare Products Association (CHPA) has appointed Lisa Parks to serve as its senior vice president of regulatory & scientific affairs. Parks will succeed Barbara Kochanowski, who is retiring in July after nearly four decades of regulatory leadership in the consumer healthcare industry. Parks will begin her work at CHPA on June
APLE GROVE, Minn. — Bob Narveson, chairman, president and chief executive officer of Thrifty White Pharmacy since 1999, plans to relinquish the latter two roles at the beginning of next year, when he will pass the torch to chief operating officer Justin Heiser. The transition, announced at a Thrifty White managers meeting yesterday, represents