Issue 04-19-2021

Competition between grocers, Amazon intensifies

NEW YORK — The battle for the future of the grocery business is under way as supermarket retailers invest in their digital capabilities and Amazon continues to roll out its brick-and-mortar food stores. Kroger Co. executives said during the company’s recent virtual investors conference that the company intends to double its digital business by 2023.

Retail sales last month advanced by over 26%

NEW YORK — U.S. retail sales grew by double-digits in March as the nation marked the anniversary of the first COVID-19 lockdowns. Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, reported that U.S. retail sales (excluding automotive and gasoline) increased 26.3% year over year in March. Online sales grew

BJ’s CEO Delaney dies at 48 of natural causes

WESTBOROUGH, Mass. — Lee Delaney, president and chief executive officer of BJ’s Wholesale Club, died at age 48 of “presumed natural causes,” the company announced earlier this month. Christopher Baldwin, executive chairman of the board of directors, issued the following statement on behalf of the board: “We are shocked and profoundly saddened by the passing

Loblaw head Davis will retire

BRAMPTON, Ontario — Sarah Davis will retire as Loblaw Cos. president on May 6. Loblaw also announced that it was bringing back George Weston, scion of the Weston family that controls the company, as chairman and president. Weston will continue to serve as chairman and CEO of Loblaw’s parent company, George Weston Ltd. (GWL) He

Eight Dollar General executives receive new assignments

GOODLETTSVILLE, Tenn. — Dollar General Corp. announced new assignments for eight of its executives, personnel moves that chief executive officer Todd Vasos said reflect the discount retailer’s commitment to promote from within. “We prioritize employee growth and development because it allows us to live our mission of serving others in the communities we call home,”

Tomorrow’s merchants must be conductors, not specialists

To meet consumer needs, retailers must go beyond functional over-specialization, freeing merchants to see a bigger picture. Consumers, we all know, want a frictionless experience across all touchpoints. They’re increasingly intolerant of out-of-stocks. They’ve become empowered, thanks to revolutions driven by digital technologies and the COVID-19 pandemic. Retailers, we all know, must become even more