GOODLETSVILLE, Tenn. — Dollar General Corp. president and chief financial officer John Garratt intends to retire from his position effective June 2. “John’s retirement comes after an outstanding career as an accomplished and trusted finance executive and most recently as our President and CFO,” Dollar General CEO Jeff Owen said. “On behalf of the entire
WASHINGTON —The Council for Responsible Nutrition has promoted four employees – Maya English, Danny Garza, Elise Hall and Craig Muckle – and hired Angelo Schildhauer as membership associate. “I am pleased to announce the promotions of these four employees as recognition for their contributions to CRN,” said president and CEO Steve Mister. “Maya’s work
ORLANDO, Fla. — In its 90th year, the National Association of Chain Drug Stores (NACDS) remains focused on the same yet ever-evolving goal: Leading the future of an industry dedicated to advancing health and wellness for all Americans. That is the central theme at this year’s NACDS Regional Chain Conference, which is currently underway. Justin
GOODLETTSVILLE, Tenn. — Dollar General marked the grand opening of its 19,000th store in Joplin, Mo. on Monday with a community celebration and a $19,000 donation to a local elementary school. Customers also received complimentary DG gift cards, tote bags and product samples. “Today marks an exciting milestone in Dollar General’s history as we open
NEW YORK — Rodney McMullen, chairman and chief executive officer of Kroger Co., shared insights into the supermarket retailer’s purpose of “feeding the human spirit” in a marquee session at the NRF Big Show earlier this month. “At Kroger, we succeed by giving a great experience to the customer, investing in associates and making an
WASHINGTON — Retail sales during 2022’s November-December holiday season grew 5.3% over 2021 to $936.3 billion, falling short of the National Retail Federation’s forecast amid continuing inflation and high interest rates, NRF said. While holiday growth was less than expected, sales for the year grew 7% over 2021 to $4.9 trillion, meeting NRF’s forecast of
GOODLETTSVILLE, Tenn. — Dollar General is partnering with Ibotta to launch a cash-back rewards program. “We are excited to provide an additional innovative option for our customers to help stretch their budgets,” says Emily Taylor, Dollar General’s executive vice president and chief merchandising officer. “Ibotta’s cash-back rewards program further complements our continuous efforts to provide
NEW YORK — National Retail Federation chief economist Jack Kleinhenz sees a challenging economy ahead in the coming year, but he’s not convinced it will qualify as a recession. “I do expect a meaningful slowdown,” he said, but he added that he was still confident about consumer spending, which has mostly held up despite interest
NEW YORK — Brian Cornell, Target Corp.’s chairman and chief executive officer, led a discussion of the company’s culture in a marquee session at NRF 2023: Retail’s Big Show earlier this month. Joining Cornell on stage were four of the company’s leaders: Christina Hennington, executive vice president and chief growth officer; Kiera Fernandez, senior vice
NEW YORK — In pioneering the natural and organic food movement in the United States, Whole Foods Market has probably done as much as any retailer to unite shoppers around the idea of a purpose-driven business. But in today’s uncertain economic environment, can consumers be expected to remain committed to notions of sustainability and purpose?
BOISE, Idaho — Albertsons Cos. reported net earnings of $375.5 million, or 20 cents a share, for the fiscal third quarter ended December 3. That’s down from $424.5 million, or 74 cents a share, in the prior-year period. Adjusted net income was $505 million, or 87 cents per share, which beat the 66 cents FactSet
NEW YORK — The eighth annual NRF Foundation Honors event was held at the New York Marriott Marquis earlier this month to recognize the outstanding leadership of retail executives, award student scholarships and highlight retail as an industry of opportunity. The event raised nearly $3 million to fund the NRF Foundation’s career development programs and