WOONSOCKET, R.I. — The CVS Health 2022 Health Care Insights Study, released Monday, reveals that U.S. consumers many of whom delayed care over the past several years because of COVID-19 are now eager to restart their health and wellness journeys. Consumers say they want more meaningful and engaging relationships with health care providers and want them to
WASHINGTON — The Retail & Consumer Products practice at FTI Consulting projects U.S. online retail sales will reach $1.07 trillion in 2022 despite increasing concerns among shoppers about the condition of the economy and personal finances. The milestone, which FTI Consulting projected prior to the COVID-19 pandemic would be reached in 2025, is an increase
GRAND RAPIDS, Mich. — Midwestern grocery retailer Meijer Inc. on Monday announced its involvement in a wind energy center that contributes to its renewable energy portfolio and marks a significant move toward meeting its carbon reduction goal. The announcement came just six months after Meijer announced its goal of reducing 50% of its absolute carbon
MINNEAPOLIS — Target Corp. recently completed its 1,000th store remodel, a milestone that represents the halfway point in a strategy announced five years ago to reimagine the ways it serves guests through innovative store design and renovations. In commemorating the milestone, Target noted in a post last month on its “Bullseye View” blog that stores
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) sales in its third quarter declined 4.2% from a year earlier on flagging demand for vaccines and COVID-19 tests. Quarterly earnings also took a $683 million hit related to the company’s settlement with the state of Florida to resolve claims tied to the dispensing of prescription opioids, the
WASHINGTON — A favorable consumer outlook over the next few months might be enough to keep the U.S. economy from tipping into a recession in 2022, according to National Retail Federation (NRF) chief economist Jack Kleinhenz. “The economy is moving away from extremely strong growth toward moderate growth, but increased income from employment gains, rising
CHESAPEAKE, Va. — Dollar Tree Inc. announced late last month the departures of key operating and financial executives, a shake-up that the company said was made to support implementation of its turnaround initiatives. Dollar Tree said it is seeking candidates to replace chief operating officer Thomas O’Boyle, chief legal officer William Old, chief strategy officer
SEATTLE — Amazon has tapped company veteran Doug Herrington to be the new chief executive officer of its Worldwide Amazon Stores unit. He will succeed Dave Clark, the former CEO of Amazon Worldwide Consumer, who is leaving the company to serve as CEO of the supply chain software start-up Flexport. “I’m excited to share that
CINCINNATI — Kroger Co. is expanding its online order delivery network with the addition of a new customer fulfillment center (CFC) in Pleasant Prairie, Wis., the company said last month. “We are thrilled to launch Kroger Delivery in Pleasant Prairie, continuing our long-standing engagement in the state of Wisconsin,” said Kroger senior vice president and
CHICAGO — H-E-B has emerged as the nation’s top e-commerce grocery retailer in the inaugural dunnhumby eCommerce Retailer Preference Index (RPI). The index is the product of what dunnhumby described as “a consumer-survey-informed statistical model that predicts how retailers execute on the customer needs that matter most for driving e-commerce performance and emotional bonds with
LAKELAND, Fla. — Publix is moving ahead with its planned expansion into Kentucky, the company’s eighth state. Late last month, the supermarket broke ground on its first Kentucky store, which is expected to open in the fourth quarter of next year, and announced plans for a third store in the state. “It’s an exciting day
BENTONVILLE, Ark. — More than 1,100 businesses from across the country pitched their products made, grown or assembled in the United States to Walmart and Sam’s Club merchants at Walmart’s ninth annual Open Call on June 30. Preliminary results indicate that more than 330 of those pitches resulted in a deal for businesses to sell