CINCINNATI — Rodney McMullen, chairman and chief executive officer of Kroger Co., was joined by Albertsons Cos.’ CEO Vivek Sankaran last month in defending the companies’ proposed merger before a U.S. Senate subcommittee, whose members raised concerns over whether a combination of the nation’s two largest supermarket chains would harm consumers and workers. A merger
WASHINGTON — A record 196.7 million Americans shopped in stores and online during the five-day holiday shopping period from Thanksgiving Day through Cyber Monday, according to the annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. The total number of shoppers grew by nearly 17 million from 2021 and is
ISSAQUAH, Wash. — Costco Wholesale Corp. posted gains in first quarter sales and profits, but they fell short of analysts’ estimates. Adjusted earnings per share of $3.07 in the quarter ended November 20 were up from $2.98 a year earlier, but missed Wall Street’s forecast of $3.11 per share. Sales were $53.44 billion, up 8.1%
GOODLETTSVILLE, Tenn. — Ariel dela Cruz has joined Dollar General as divisional vice president of store operations, in one of three executive moves the company announced. Tim Jagneaux has joined Dollar General as vice president of construction, and Megan Kokoska has come aboard as vice president of digital engagement. In his new role, dela Cruz
NEW YORK — Walmart took the top spot in Kantar’s PoweRanking report for the 26th consecutive year, a feat that Kantar calls a testament to the retailer’s strength, scale and focus over time. PoweRanking is the industry’s leading assessment of best-in-class manufacturers and retailers. Chosen by their peers, leaders are ranked on a range of
CHESAPEAKE, Va. — Dollar Tree executives said the retailer’s new pricing strategy lifted operating income nearly 23% to $381 million in the third quarter ended October 29. Top-line sales rose 8.1% to $6.94 billion. Comparable-store sales at its Dollar Tree stores increased 8.6% from a year earlier, while comps at its Family Dollar stores were
Mass Market Retailers held a reception in New York City recently to honor the executives chosen as the publication’s “People Who Made a Difference” in 2022. Receiving awards were: Scott Crawford, chief merchandising officer at Fresh Direct; Heather Hughes, group vice president of beauty, personal care, seasonal at Walgreens; and Vinima Shekhar, vice president of
NEW YORK — Palmer’s, in partnership with The Sasha Group, announced their first brand awareness campaign, marking an uplifting evolution for the legacy skin care brand that is credited with carving out the cocoa butter space and trusted in the pregnancy skin care space. Historically concentrated on skin care benefits and formula efficacy, the brand has
CINCINNATI — Vicks PURE Zzzs Kidz is aiding the work of over 300 Sleep in Heavenly Peace (SHP) chapters across the US to help communities and people most in need get better sleep. As a sponsor of Bunks Across America in September, where SHP chapters across the country built bunk beds together, Vicks PURE Zzzs
SEATTLE — Amazon has launched Inspire, an in-app shopping experience that gives customers a new way to discover ideas, explore products, and seamlessly shop from content created by other customers, influencers, and brands they love. The app will roll out to select customers in the U.S. in early December, and will be available to all U.S.
MERRILLVILLE, Ind. — Mielle Organics is expanding its popular Pomegranate & Honey and Rice Water & Aloe Vera hair care collections, launching three line extension products. The company said customers can perfect their current Mielle hair routine by adding in the new Pomegranate & Honey Maximum Hold Gel Styler, the Rice Water & Aloe Vera
DEERFIELD, Ill. — Walgreens plans to hold a virtual event on February 22 to give diverse, local and regional businesses and entrepreneurs from around the country an opportunity to connect with the retailer’s merchandising team, share their offerings, and possibly get their products stocked on Walgreens store shelves in their local areas. The merchandising event