WEST SACRAMENTO, Calif. — Raley’s has promoted two executives — Craig Benson and Levi Wingo — as part of what the company said are moves made to help the regional supermarket chain achieve its purpose of changing the way the world eats, one plate at a time. Benson has been named senior vice president and
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
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%
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
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
Perhaps the most startling development to emerge from the pandemic — now that we’re being assured that the worst is behind us — is the emergence, or reemergence, of the regional grocery retailer. It is reasonably safe to say that the local or regional supermarket retailer is stronger and more clearly dominant today than at
Walgreens Boots Alliance turned in solid quarterly results at the beginning of the month and, in the process, shed some light on the future of the company under CEO Roz Brewer, as well as on the broader retailing and health care sectors as they cope with the massive disruptions caused by COVID-19. During the third
The ways that people can shop for products and get them home are multiplying so fast that hardly anyone involved in the process can keep up. That was one of the takeaways from a virtual panel discussion on the future of same-day delivery at the National Retail Federation’s recent Retail Converge conference. Kelly Caruso, the
LONDON — Is London sustainable? As we all walked through our cities that seemed to have tumbleweed rolling down the streets during COVID lockdown, it was a question many asked. The mission of London First is to make London the best city in the world to do business, and the sustainability of the city is
WASHINGTON — Citing an accelerating economic recovery, the National Retail Federation (NRF) has raised its retail sales forecast for 2021. The nation’s largest retail trade organization now projects that retail sales will grow between 10.5% and 13.5%, up from its February forecast of 6.5% to 8% growth. “The economy and consumer spending have proven to
ARLINGTON, Va. — The pandemic has altered consumers’ relationship with food in ways that are likely to outlast the public health emergency, according to the latest U.S. Grocery Shopper Trends report from FMI. FMI has tracked the grocery shopping habits of U.S. consumers for four decades through its annual U.S. Grocery Shopper Trends report. The
BENTONVILLE, Ark. — Prescription drug savings have been added to the perks of Walmart+ membership. A new program called Walmart+ Rx for less provides “incredible value” on the prescriptions members rely on most, says Dr. Cheryl Pegus, executive vice president of health and wellness for Walmart U.S. “When you consider the frequency with which many