January 16, 2023 by Jeffrey Woldt
Colleen Lindholz, Jeffrey Woldt, Kroger, Kroger Health, MMR’s Retailer of the Year Award
2023, Featured Articles, Issue 01-16-2023, Issues, Leading Headlines, Retail News
CINCINNATI — While Kroger Co. is best known as the nation’s grocer, the company is also a potent force in health care, with 2,255 pharmacies and 226 clinics across the U.S. The drive is under way to maximize synergies between the two sides of the business, positioning “food as medicine” as a means to keep
January 16, 2023 by MMR
Charles Redfield, Merchant, Merchant of the Year, Walmart, Walmart U.S.
2023, Featured Articles, Issue 01-16-2023, Issues, Leading Headlines, Retail News
BENTONVILLE, Ark. — As Walmart’s chief merchandising officer, Charles Redfield and his team are responsible for making sure the retailer’s customers, whether shopping online or in stores, can always find the items they want at the lowest possible prices. The high rate of inflation that has shocked consumers in the past year has made that
January 16, 2023 by MMR
Hy-Vee, MMR's Innovator of the Year
2023, Featured Articles, Issue 01-16-2023, Issues, Leading Headlines, Retail News
WEST DES MOINES, Iowa — Hy-Vee Inc. has never been afraid to try new things, and the past year and a half the retailer has seen a parade of fresh ideas, products and services that have helped the company extend its reach, address changing customer needs and grow its business. A few highlights: • In
January 16, 2023 by MMR
Dollar General, Lifetime Achievement Award, MMR, Todd Vasos
2023, Featured Articles, Issue 01-16-2023, Issues, Leading Headlines, People, Retail News
GOODLETTSVILLE, Tenn. — Todd Vasos began an exciting new leadership chapter at Dollar General Corp. on November 1 as he transitioned from chief executive officer to senior advisor. The new role underscores the leadership, mentorship and perpetual evolution that has defined Vasos’ retail career for nearly four decades. MMR is proud to honor Vasos with
January 16, 2023 by leslie
first quarter, Walgreens Boots Alliance
2023, Issue 01-16-2023, Issues
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) posted first quarter sales and earnings that topped analysts’ forecasts. WBA reported adjusted earnings per share of $1.16, surpassing the expected $1.14. Revenue for the three-month period ended November 30 was $33.38 billion, ahead of the projected $32.84 billion. Walgreens’ front-end sales grew 0.8%, with same-store sales rising
January 16, 2023 by MMR
holiday season, MasterCard SpendingPulse, retail sales
2023, Issue 01-16-2023, Issues
PURCHASE, N.Y. — U.S. retail sales (excluding automotive) increased 7.6% year over year this holiday season, according to Mastercard SpendingPulse, which defines the season as the period running from November 1 through December 24. Mastercard SpendingPulse measures in-store and online retail sales across all forms of payment and is not adjusted for inflation. “This holiday
January 16, 2023 by MMR
Amazon, jobs
2023, Issue 01-16-2023, Issues
SEATTLE — Amazon is cutting more than 18,000 jobs, the company announced this month. The e-commerce behemoth said it had hired too many warehouse workers in response to shoppers’ growing preference for online ordering. The company had 1.54 million workers at the end of the third quarter, making it one of the country’s largest employers.
January 16, 2023 by MMR
SEG, Southeastern Grocers, Winn-Dixie
2023, Issue 01-16-2023, Issues
JACKSONVILLE, Fla. — Southeastern Grocers Inc. (SEG), parent company and home of Fresco y Más, Harveys Supermarket and Winn-Dixie grocery stores, has announced plans to open three new Winn-Dixie stores to support economic growth in its communities. The first Winn-Dixie store was opened shortly before Christmas in the rapidly growing Grand Cypress neighborhood in a
January 16, 2023 by MMR
Hy-Vee, leadership changes
2023, Issue 01-16-2023, Issues
WEST DES MOINES, Iowa — Hy-Vee Inc. chief executive officer Jeremy Gosch was named vice chairman of Hy-Vee’s board of directors, in one of five leadership changes announced by Hy-Vee executive chairman of the board and executive director Randy Edeker at the company’s annual stockholder’s meeting. Other leadership changes announced at the meeting: Longtime Hy-Vee
January 16, 2023 by MMR
Q3, Rite Aid
2023, Issue 01-16-2023, Issues
PHILADELPHIA — Rite Aid Corp. reported a narrower-than-projected loss and topped Wall Street’s revenue forecast for its third quarter. The company reported an adjusted loss of $7.9 million, or 14 cents a share. Analysts had estimated it would be 15 cents a share. Revenue of $6.08 billion bettered Wall Street’s expectation of $5.94 billion. For
January 16, 2023 by MMR
2022 Gold Plate Awards, FMI Foundation
2023, Issue 01-16-2023, Issues
ARLINGTON, Va. — The FMI Foundation has announced the recipients of its 2022 Gold Plate Awards. The winners were named last month during a livestreamed Gold Plate Awards Celebration, cohosted by FMI Foundation executive director David Fikes and FMI – The Food Industry Association president and chief executive officer Leslie Sarasin. The Gold Plate Awards
January 16, 2023 by MMR
INFORM Consumers Act, NRF
2023, Issue 01-16-2023, Issues
WASHINGTON — The National Retail Federation (NRF) has applauded the inclusion of the “Integrity, Notification, and Fairness in Online Retail Marketplaces (INFORM) for Consumers Act” in year-end congressional omnibus legislation. “On behalf of the retail industry, we are extremely pleased negotiators included the INFORM Consumers Act in the omnibus package,” NRF senior vice president of