WSL Future of Health Event

Issue 09-12-2022

Meijer unveils foods-focused format

GRAND RAPIDS, Mich. — In its latest innovation to provide a shopping solution for every customer, Meijer has introduced Meijer Grocery, a brick-and-mortar store concept and banner offering customers a convenient, simplified shopping experience while providing communities easier access to fresher food. The first two Meijer Grocery stores will open early next year in neighborhoods

Economy on erratic course

WASHINGTON — U.S. economic growth has slowed, but it still isn’t clear if the nation is in a recession, National Retail Federation chief economist Jack Kleinhenz said earlier this month. “As we come to the end of the summer, economic indicators are signaling an unsteady U.S. expansion in the face of several headwinds,” Kleinhenz explained,

Garratt named Dollar General president

GOODLETTSVILLE, Tenn. — Dollar General Corp. continues to shuffle its leadership ranks ahead of the planned retirement of chief executive officer Todd Vasos. The latest move involves a promotion for chief financial officer John Garratt, who on September 1 added the role of president. The 53-year-old Garratt will remain responsible for the company’s finance, accounting,

Bertram exits from GIANT

CARLISLE, Pa. — GIANT Co. president Nicholas Bertram left the company at the end of August to pursue other opportunities. John Ruane has been appointed interim president. “We have been fortunate to have Nick lead The GIANT Co. during his nine-year tenure,” said Kevin Holt, president of Ahold Delhaize USA. “His leadership has inspired very

Value is priority for Dollar Tree

CHESAPEAKE, Va. — Dollar Tree Inc. reported consolidated net sales of $6.77 billion in the quarter ended July 30, up 6.7% from a year earlier. Store comps increased 7.5% in the Dollar Tree chain, 2% in Family Dollar and 4.9% companywide. The performance reinforces the relevance of its brands for millions of households coping with

Dollar General exceeds expectations

GOODLETTSVILLE, Tenn. — Higher prices attracted more belt-tightening shoppers to its stores and helped Dollar General Corp. post quarterly sales and profits that topped Wall Street’s estimates for the discount retailer’s second quarter. Dollar General said net sales rose 9% to $9.4 billion in the quarter ended July 29, pushing net income to $678 million,

TSE far exceeded expectations

Total Store Expo, the National Association of Chain Drug Stores’ annual gathering of executives and merchants across the mass retailing trade classes, is history for 2022. The three-day event unfolded smoothly and productively in Boston as August wound down. Much has already been written and theorized about TSE. It has been variously labeled, praised and

Edeker sets the stage for Hy-Vee’s future

Edeker sets the stage for Hy-Vee’s future

Randy Edeker has had a remarkable run at Hy-Vee. Under his leadership as chairman and chief executive officer of the Midwestern grocer, the company extended its reach from food retailing and pharmacy to include other health and wellness services, e-commerce, restaurants and distribution. In the process, sales nearly doubled, and Hy-Vee emerged as an innovator

Fresh food remains key differentiator

Supermarkets have long used their perishable food departments to wow shoppers and to convey an image of food quality and freshness that helps elevate shoppers’ perceptions of the whole store. The importance of fresh food has only grown lately, as the pandemic led Americans to change their grocery shopping and cooking habits in ways that

Grocers need a long-term, scalable e-commerce platform

E-commerce grocery sales were modest and rising slowly as 2020 started. Once the pandemic forced lockdowns and restaurant closures across the United States, the story changed significantly. Consumers flocked online for essential purchases, adding $102.08 billion in revenue in 2020, and another $116.45 billion in 2021, according to Digital Commerce 360. Overall in 2021, consumers