Walmart and Amazon’s convergence

Once upon a time Walmart was the world’s largest retailer because of sales at its thousands of brick-and-mortar stores, and Amazon was a completely different kind of company specializing in something called e-commerce. Recent moves by both companies make it clear just how long ago that was, and emphasize the extent that the two leviathans

Pandemic may cause lasting change

American shopping habits have changed in many ways during the COVID-19 pandemic. People who had not previously tried shopping for groceries online have embraced the practice, for example. And consumers worried about contracting the virus by touching things have helped drive the increased use of contactless payment methods. The big question for retailers is whether

Walmart to require shoppers to wear masks

Walmart to require shoppers to wear masks

BENTONVILLE, Ark. – Walmart made it official on Wednesday: Shoppers in Walmart and Sam’s Club outlets nationwide will be required to wear face coverings, effective July 20. “While we’re certainly not the first business to require face coverings, we know this is a simple step everyone can take for their safety and the safety of

NRF: Retail shrink hit $61.7 billion in 2019

NRF: Retail shrink hit $61.7 billion in 2019

WASHINGTON – Theft, fraud and other “shrink” cost retailers about $61.7 billion in 2019, up from $50.6 billion the year before, the National Retail Federation said Tuesday. According to the National Retail Security Survey released Tuesday by the NRF, the number of shoplifting, organized retail crime and employee theft incidents were all up last year.

NRF postpones ‘Big Show’ until June 2021

NRF postpones ‘Big Show’ until June 2021

WASHINGTON — The National Retail Federation is postponing its Big Show annual convention and expo, normally held in January, until June 2021. But NRF said Thursday that it also plans to hold a virtual event in January. Both events will feature the theme “Forward Together.” “The health and safety of our team, industry partners and

Ahold Delhaize to cut Peapod’s Midwest Business

Ahold Delhaize to cut Peapod’s Midwest Business

QUINCY, Mass. – Ahold Delhaize USA plans to discontinue its Peapod online grocery business in the Midwest, eliminating the delivery service in Illinois, Wisconsin and Indiana. The retailer, which acquired Peapod in 2000, will focus instead on expanding its omnichannel capabilities in the East Coast markets it also serves with brick-and-mortar stores. “This was a

Hy-Vee promotes Marshall, Baty to new roles

Hy-Vee promotes Marshall, Baty to new roles

WEST DES MOINES, Iowa — Hy-Vee has promoted Jay Marshall to the new role of vice chairman, and Darren Baty to the key post of executive vice president and chief merchandising officer. The promotions are among a series of executive moves at the grocery chain, which operates more than 265 retail stores across eight Midwestern

Wakefern wins accolade as Regional Grocer of the Year

Wakefern wins accolade as Regional Grocer of the Year

KEASBEY, N.J. — Wakefern Food Corp. had its start in 1946, during a challenging time for independent food retailers. The problem back then was that independent operators were seeing their loyal customers lured away by the big self-service supermarkets of the day, which could offer lower prices. To compete, eight grocers in the Newark, N.J.,

MMR names Dollar General Retailer of Year

MMR names Dollar General Retailer of Year

GOODLETTSVILLE, Tenn. — Dollar General Corp. seems to defy the kind of gravity that is keeping much of the retail industry earthbound. At a time when some retailers are scaling back their brick-and-mortar expansion plans and may see their profits constrained by the need to invest in their omnichannel offerings, Dollar General has been growing

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