November 15, 2021 by MMR
Boost by Kroger Plus, e-commerce, Kroger
2021, Issue 11-15-2021, Issues
CINCINNATI — Kroger Co. is the latest major retailer to introduce a subscription membership program to accelerate its e-commerce growth. The nation’s largest supermarket operator has joined a growing number of mass market retailers in adopting the model pioneered by Amazon with its Amazon Prime premium loyalty program. The Kroger effort, appropriately dubbed Boost by
November 15, 2021 by MMR
integrated health care company, Walgreens Boots Alliance
2021, Issue 11-15-2021, Issues
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) unveiled an ambitious plan to reinvent itself as an integrated health care company. A clearer focus on health care will serve as the drug store chain’s “new growth engine,” chief executive officer Roz Brewer said last month in introducing the plan. “The pandemic further affirmed the timing is
November 15, 2021 by MMR
CVS Health, Q3
2021, Issue 11-15-2021, Issues
WOONSOCKET, R.I. — Both sales and adjusted earnings exceeded Wall Street’s expectations during the third quarter at CVS Health, buoyed by an increase in store traffic that was driven by prescription growth and COVID-19 vaccinations. As a result, management once again raised its full-year guidance. Reported, or GAAP, net income for the three months ended
November 15, 2021 by MMR
GMDC)|Retail Tomorrow
2021, Issue 11-15-2021, Issues
COLORADO SPRINGS, Colo. — GMDC|Retail Tomorrow plans to dissolve as a member-owned nonprofit at the end of this year. The decision, made by the trade group’s board, was scheduled to be voted on by members on November 12. “This news is disappointing to many, but we recognize our industry has changed significantly,” GMDC president and
November 15, 2021 by MMR
holiday sales
2021, Issue 11-15-2021, Issues
WASHINGTON — This year’s holiday spending has the potential to shatter previous records, the National Retail Federation (NRF) said, forecasting that sales during November and December will grow between 8.5% and 10.5% over 2020 to total between $843.4 billion and $859 billion. The numbers (which exclude automobile dealers, gasoline stations and restaurants) suggest that sales
November 15, 2021 by MMR
Harris Teeter, Rod Antolock, Tammy DeBoer
2021, Issue 11-15-2021, Issues
MATTHEWS, N.C. — Harris Teeter has named Tammy DeBoer as its next president. She will succeed Rod Antolock, who has announced plans to retire effective February 1. DeBoer currently serves as senior vice president of merchandising, operations and marketing for Harris Teeter. She joined the retailer, a division of Kroger Co., in 2020 and has
November 15, 2021 by MMR
Emerson Industry Day
2021, Issue 11-15-2021, Issues
PHILADELPHIA — While the COVID-19 pandemic is by no means a thing of the past, its profound impact over the last 18 months on so many different aspects of life has naturally raised the question of what lies ahead, what comes next for the retail industry and the supplier community that supports it. To explore
November 15, 2021 by MMR
75th anniversary, Wakefern
2021, Issue 11-15-2021, Issues
KEASBEY, N.J. — Wakefern Food Corp. marked its 75th anniversary during its Annual Meeting last month when executives paid tribute to the family-owned businesses that comprise the cooperative and drive its success. Chairman and chief executive officer Joseph Colalillo, president and chief operating officer Joe Sheridan, and executive vice president Chris Lane addressed Wakefern members,
November 15, 2021 by Caroline Stanton
Costco, Stafford Texas
2021, Issue 11-15-2021, Issues
STAFFORD, Texas — Costco Wholesale Corp. opened its first Houston-area Costco Business Center late last month here. The 148,000-square-foot facility is the 22nd Costco Business Center to open nationwide. The units differ from standard Costco warehouses in that their offerings are geared more toward small businesses, and 70% of the merchandise is different than in
November 15, 2021 by MMR
Food Lion, remodel
2021, Issue 11-15-2021, Issues
SALISBURY, N.C. — Food Lion has remodeled 87 stores across Georgia, Kentucky, North Carolina, South Carolina, Tennessee and Virginia. “We’re excited to welcome our neighbors in these towns and cities into their fresh, new Food Lion,” said Food Lion president Meg Ham. “Our associates can’t wait to show customers their newly remodeled store and have
November 15, 2021 by David Pinto
Chicago, David Pinto, MMR, women's event
2021, Issue 11-15-2021, Issues, Opinion
Late last month, the editors of Mass Market Retailers hosted a reception and dinner in Chicago. The occasion was to recognize several of the growing number of women who are starting to lead and shape mass market retailing in America. The event was noteworthy for several reasons. For openers, there were the women themselves, leaders
November 15, 2021 by Jeffrey Woldt
drug chains, health care system, Jeffrey Woldt
2021, Issue 11-15-2021, Issues, Opinion
Physician-administered primary care is shaping up as the next big battleground for pharmacy operators, insurers and other providers that want to revamp the nation’s health care system and, in the process, address chronic problems of access, quality and cost. Recent remarks by the leaders of CVS Health and Walgreens Boots Alliance portend the approaching fight