SATIS_1170x120_1-25-21

Issue 07-12-2021

Furner: In-store sales not going away

NEW YORK — It’s still “too early to tell” what pandemic-related changes in consumer behavior will persist with the return to normalcy, Walmart U.S. president and chief executive officer John Furner said last month. Interviewed by National Retail Federation president and CEO Matthew Shay during NRF’s Retail Converge Conference, Furner acknowledged that Walmart experienced an

Saenz is an EVP at Albertsons

BOISE, Idaho — Former PepsiCo executive Jennifer Saenz has been named executive vice president and chief merchandising officer of Albertsons Cos. She is responsible for all areas of merchandising, including own brands. She will also be responsible for strengthening the company’s relationships with its brand partners. Saenz reports to president and chief executive officer Vivek

CEO Hucker details renaissance at Southeastern Grocers

NEW YORK — Since assuming control of a wobbly Southeastern Grocers in 2017, Anthony Hucker says he’s “put people first” in every aspect of the grocery retailer’s turnaround — essentially betting that by trusting and empowering employees, the workers would save the company. And that’s what’s happening, Hucker said during a keynote session at the

Rite Aid’s retail division reports robust growth in first quarter

CAMP HILL, Pa. — Rite Aid Corp. recently posted results for the first quarter of fiscal 2022 that fell short of some analysts’ projections, although the company’s Retail Pharmacy Segment achieved robust sales and profit growth. However, the company’s full-year earnings forecast disappointed Wall Street, which drove down Rite Aid’s stock price by nearly 15%

Chief merchant Coleman exits CVS

WOONSOCKET, R.I. — CVS Health senior vice president of merchandising George Coleman has left the company to be with his wife in Italy. “It’s not an easy decision, but it’s a decision driven by my heart,” Coleman wrote in a letter addressed to suppliers. “Many of you are familiar with my story. Three years ago

Hartsig discusses makeup of the ‘new Bed Bath & Beyond’

Bed Bath & Beyond executive vice president and chief merchandising officer and Harmon Stores president Joe Hartsig spoke to MMR editor-in-chief Jeffrey Woldt about the company’s three-year revitalization plan. This is an excerpt of an interview that can be watched at massmarketretailers.com/category/videos. WOLDT: It’s Bed Bath & Beyond’s 50th anniversary at the same time that