TAMPA, Fla. — Walmart is counting on investments in an automated, integrated supply chain to deliver ongoing sales and profit growth, executives told analysts during the company’s annual investment community meeting here recently. Management also confirmed its fiscal 2024 first quarter and full-year earnings guidance. In his opening remarks, president and chief executive officer Doug
WASHINGTON — The National Retail Federation (NRF) expects retail sales growth to slow this year as the pandemic-fueled spending boom fades and inflation forces shoppers to tighten their belts. In its annual forecast, NRF foresees retail sales of between $5.13 trillion and $5.23 trillion on growth of between 4% and 6% from 2022 levels. “While
GOODLETTSVILLE, Tenn. — Dollar General is rolling out new store layouts with reimagined layouts in the beauty, skin and hair care departments. Branded as Beauty Reinvention within the company, the new layouts will bring simpler, easy-to-navigate beauty and personal care aisles with expanded product offerings to approximately 300 stores this fiscal year. “We have been
CINCINNATI — Kroger Co. last month opened its latest fulfillment “spoke” in Austin, Texas, allowing the grocery retailer to expand the reach of a customer fulfillment center (CFC) already operating in the Dallas area and powered by technology from U.K.-based Ocado Group PLC. “Austin is one of the fastest-growing cities in the country, and we
BOISE, Idaho — Albertsons Cos. has updated the packaging of its O Organics brand, and is celebrating the private label line’s new look with a campaign designating April as Organic Breakfast Month and encouraging customers to share their favorite breakfast routine on social media using #WakeUpOrganic. Albertsons aims to position O Organics as the go-to
GOODLETTSVILLE, Tenn. — Dollar General Corp. entered Mexico last month with the opening of a Mi Súper Dollar General outside Monterrey. “We are excited about our international expansion,” chief executive officer Jeff Owen said during a conference call discussing fourth quarter earnings. “We have been very encouraged by the customer response and community reception we
MILWAUKEE — Kohl’s Corp. announced it is adding 250 full-size Sephora at Kohl’s locations this year. With the expansion, the partners will reach their initial goal of introducing the 2,500-square-foot Sephora at Kohl’s shops at more than 850 Kohl’s locations. Kohl’s also said it expects to have 50 smaller-format Sephora at Kohl’s shops in its
NEW YORK — Amazon has introduced a new tool on the Amazon Pharmacy website that promises to save money and time for prescription drug users. The service gives patients with prescriptions access to discount coupons applicable to branded drugs for common ailments and conditions including asthma, diabetes, emphysema and obesity. According to Laura Jensen, head
GRAND RAPIDS, Mich. — Meijer announced that it will open a new 159,000-square-foot supercenter in Elkhart, Ind., on May 11, making it the 11th Meijer store in northern Indiana. The supercenter will feature all the products Meijer customers have come to expect, including grocery staples, fresh produce, bakery, meat and deli, as well as a
ARLINGTON, Va. –The National Association of Chain Drug Stores (NACDS) applauds the Biden Administration’s announcement today that it plans to preserve much of the pharmacy access that is now relied on and expected by Americans, through moves advocated by NACDS for more than a year. In a fact sheet issued today, the U.S. Department of Health
WASHINGTON – Retail sales slowed in March, but spending was still higher than during the same time last year, the National Retail Federation said Friday. “Retail sales moderated in March after posting strong gains in the first two months of the year,” NRF President and CEO Matthew Shay said. “Continued easing of inflation and the
WASHINGTON – Organized retail crime (ORC) is a big problem for the U.S. retail industry, and a new report by the National Retail Federation suggests it is getting worse. “Organized retail crime has been a major concern for the retail industry for decades, endangering store employees and customers, disrupting store operations and inflicting billions in