April 18, 2022 by Megan Moyer
Megan Moyer, planogram
2022, Issue 04-18-2022, Issues
The importance of building an accurate planogram can be taken for granted. It seems simple enough — place the products on the shelves in an organized manner so they are easily shoppable and look attractive. There’s more to getting it to that “easily shoppable” state than some may think — it’s rooted in data and
April 18, 2022 by Joseph Tarnowski
ECRM, Joseph Tarnowski
2022, Issue 04-18-2022, Issues
I have always been an in-person kind of guy. I love mixing it up with buyers and sellers at ECRM sessions, and back in 2019, I actually participated in 48 of them across the U.S. and Europe. Then the pandemic hit, and the world went virtual. Yet I haven’t missed a beat. Not only have
April 13, 2022 by Jeffrey Woldt
FMI Midwinter Executive Conference, Jeffrey Woldt, Joe Bivona, Orlando
2022, Issue 04-18-2022, Issues
While leaders of the supermarket industry convened in Orlando for the FMI Midwinter Executive Conference, standout performers from the next generation were sharpening their skills at an event sponsored by the Academy of Food Marketing at St. Joseph’s University in Philadelphia. Organized by Joe Bivona, the academy’s executive director, the inaugural Rising Stars training program
March 21, 2022 by MMR
Fiscal 2021, Q4, Target
2022, Issue 03-21-2022, Issues
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
March 21, 2022 by MMR
Andre Persaud, Jim Peters, Jocelyn Konrad, Karen Staniforth, Rite Aid
2022, Issue 03-21-2022, Issues
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
March 21, 2022 by MMR
board, Dollar Tree, Paul Hilal, Rick Dreiling
2022, Issue 03-21-2022, Issues
CHESAPEAKE, Va. — Dollar Tree Inc. has shaken up its board of directors, naming Rick Dreiling, former chief executive officer of Dollar General Corp., executive chairman and adding Paul Hilal, CEO of private equity firm Mantle Ridge LP, as vice chair along with five other new directors. Former chairman and CEO Bob Sasser and five
March 21, 2022 by MMR
Dollar General, Idaho
2022, Issue 03-21-2022, Issues
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
March 21, 2022 by MMR
fourth quarter, Kroger
2022, Issue 03-21-2022, Issues
CINCINNATI — Kroger Co. posted solid sales gains in its fourth quarter as customers continued to prepare and eat meals at home. Earnings exceeded projections despite higher supply chain costs, the company said earlier this month. Kroger revised its full-year adjusted earnings forecast to $3.40 to $3.50 a share from an earlier projection of $3.25
March 21, 2022 by Caroline Stanton
Hy-Vee, missouri, supermarket
2022, Issue 03-21-2022, Issues
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
March 21, 2022 by MMR
BetterUp for Caregivers, Easy Vitamin Plan, Walmart
2022, Issue 03-21-2022, Issues
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
March 21, 2022 by MMR
American Customer Satisfaction Index
2022, Issue 03-21-2022, Issues
ANN ARBOR, Mich. — Customer satisfaction with retail is relatively stable, according to the American Customer Satisfaction Index’s 2021-2022 ranking. The Retail Trade sector as a whole saw its score dip just 0.5% to 75.1 (out of 100). “Cool stability,” says ACSI managing director David VanAmburg. “That’s the best way to describe the retail sector
March 21, 2022 by David Pinto
David Pinto, mass retail industry leaders, Racher Press
2022, Issue 03-21-2022, Issues, Opinion
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