BAVIS_1170x120_10-22-20

Issue 03-21-2022

Target passes $100 billion mark, net soars 59%

MINNEAPOLIS — Target Corp. capped a spectacular fiscal 2021 performance by recording more than $100 billion in sales for the first time and achieving record earnings per share in the fourth quarter. With both its in-store and e-commerce channels operating impressively, management has announced an aggressive program of investments to drive long-term growth and expand

Rite Aid recasts executive leadership

PHILADELPHIA — Rite Aid Corp. earlier this month took steps to realign its management team and streamline the company’s operations. The move came on the heels of the introduction of a new customer loyalty program and a revamped philanthropic arm. The management changes included the elimination of the Rite Aid chief operating officer position and

Dollar General enters its 47th state

GOODLETTSVILLE, Tenn. — The relentless expansion of Dollar General’s retail footprint has taken the discount chain into its 47th state, with the recent opening of its first store in Idaho. And with expansion comes new jobs — the company said that it expects to create 10,000 career opportunities in fiscal 2022, increasing its workforce by

Hy-Vee outlet gives a whole new meaning to supermarket

SPRINGFIELD, Mo. — Hy-Vee Inc. debuted the latest version of its supermarket concept here last month with the grand opening of a 93,402-square-foot store. The new outlet has extensive meal and dining options, including a pub with an outdoor patio; an open Food Hall that features Hy-Vee’s new breakfast menu; Mealtime offerings; Mia Italian; Hy-Chi

New Walmart programs help optimize self-care and caregiving

BENTONVILLE, Ark. — Wal­mart has introduced two new offerings that the company said will help make it simple, easy and affordable for customers to live better. Walmart becomes the first retailer to exclusively offer BetterUp for Caregivers and Easy Vitamin Plan subscriptions to customers across the United States, according to Julie Barber, senior vice president

Industry leaders are optimistic

Industry leaders are optimistic

On Thursday, March 3, the editors of Racher Press, publisher of MMR and Chain Drug Review, gathered together five industry-leading personalities to discuss the state of the world and the retailing industry. Without naming names, those on hand included a senior executive with one of the nation’s leading food retailers, two senior consumer packaged goods