BAVIS_1170x120_10-22-20

Issue 11-29-2021

Ahold Delhaize unveils growth plan

ZAANDAM, Netherlands — Ahold Delhaize has unveiled a new growth and investment plan that promises to generate an extra €10 billion ($11.31 billion) in sales by 2025 by strengthening the company’s omnichannel capabilities while supporting its vision of offering the “leading local food shopping experience for customers.” Company president and chief executive officer Frans Muller

Early holiday shoppers elevate sales in October

WASHINGTON — Early holiday shopping helped boost retail sales in October, according to the National Retail Federation (NRF), which sees the outcome as a positive omen for the rest of the season. “Retail sales data for October reflects the enduring strength of consumers’ finances and willingness to spend as the holiday season gets under way,”

DG names Joyce to SVP role

GOODLETTSVILLE, Tenn. — Dollar General Corp. has named Michael Joyce its new senior vice president of supply chain strategy, inventory and demand management. Reporting directly to Tony Zuazo, Dollar General’s executive vice president of global supply chain, Joyce will lead the company’s supply chain functions, including inventory management, product fulfillment, supply chain strategy and demand

Raley’s COO Konkel will step down

WEST SACRAMENTO, Calif. — Raley’s chief operations officer Kevin Konkel will retire, effective January 7, culminating nearly four and a half decades of service to the company. “Kevin is the epitome of a ‘service leader.’ His knowledge, professionalism and leadership have been a source of stability and inspiration. Kevin is far more than just a

BJ’s reports strong third quarter sales and earnings growth

WESTBOROUGH, Mass. — BJ’s Wholesale Club reported strong sales results in the third quarter. Comparable-club sales (excluding gasoline) increased by 5.7%, reflecting a two-year stacked comp of 24.2%. Digitally enabled sales growth was 44%, reflecting two-year stacked comp growth of 244%. The company’s earnings per diluted share of 92 cents reflected a 4.5% year-over-year increase.