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Issue 03-22-2021

Rollout of Amazon Fresh gains momentum

SEATTLE — Amazon is moving closer to a wide-scale rollout of its Amazon Fresh grocery format after opening its 11th location in Bloomingdale, Ill. According to a report by Bloomberg, Amazon has at least 28 more locations in the works in markets spanning the country from Sacramento to Philadelphia. Amazon would confirm only five upcoming

Retailers applaud stimulus package

WASHINGTON — Retailers welcomed the passage of the $1.9 trillion American Rescue Plan signed into law by President Biden on March 11, paving the way for the first wave of $1,400 coronavirus stimulus payments to millions of Americans. Retailers also applauded language in the legislation aimed at accelerating the pace at which Americans are vaccinated

Donnelly set to retire as Kroger COO

CINCINNATI — Kroger Co. executive vice president and chief operating officer Mike Donnelly is retiring later this spring, the company said earlier this month, adding that a succession plan will be announced at a later date. Donnelly has spent more than 42 years with Kroger. “With his relentless focus on the customer, Mike has led

Years of investment resulted in Target’s extraordinary gains

MINNEAPOLIS — Target Corp. experienced record sales and profit growth in 2020, and it is gearing up its investments to build on that success this year and beyond. As executives pointed out during the company’s financial community meeting earlier this month, the COVID-19 pandemic created unprecedented and unimagined challenges for Target and other retailers. But

Hennington gets new company role

MINNEAPOLIS — Christina Hennington has been named executive vice president and chief growth officer at Target Corp., in one of a number of leadership changes the company announced recently. “At the core of Target’s success is the most talented team in retail,” Target chairman and chief executive officer Brian Cornell said. “I’m confident these moves

Chains extend vaccine offerings

NEW YORK — The fight against COVID-19 has reached a new stage as vaccines have become more available. And mass market retailers have stepped up to take a major role in administering the medicines, particularly in underserved communities. CVS Health, for instance, recently nearly doubled the number of states where selected locations are offering vaccines