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Issue 07-11-2022

Store remodels elevate the Target experience

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

Recession for 2022 unlikely

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

Executives’ exits shake up Dollar Tree

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

Kroger adds fulfillment center in Wisconsin

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

H-E-B named top e-commerce food retailer

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

Dollar General promotes executives

GOODLETTSVILLE, Tenn. — Dollar General has promoted seven executives to new leadership roles, the company said. Mark Banister has been promoted to senior vice president of in-store experience. In this role, Banister will lead the space management, project execution and support, fixtures and supplies, and store planning teams. He joined Dollar General in 2009 and

Take note: Walmart goes upscale

Take note: Walmart goes upscale

All early evidence points to an inescapable fact: Walmart is serious about expanding its customer base by upgrading its offerings, presentation and consumer options, both in-store and online. Initial documentation of the retailer’s intent came with the opening, earlier this year, of an upscale store in Springdale, Ark., a location adjacent to its Bentonville, Ark.,