WEST DES MOINES, Iowa — Midwestern grocer Hy-Vee Inc. sees growth opportunities to the south and east. The retailer has confirmed plans to expand into the Indianapolis; Nashville; and Louisville, Ky., markets as part of the next phase of its expansion plan. The Des Moines Register reported last month that Hy-Vee plans to expand into
PURCHASE, N.Y. — Retail sales (excluding automotive) increased 8.5% year over year this holiday season, according to Mastercard SpendingPulse. Online sales grew 11% compared to the same period last year, the preliminary insights show. Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, defines the holiday season as running from
DEERFIELD, Ill. — Walgreens Boots Alliance’s (WBA’s) first quarter sales and profits topped Wall Street’s expectations, and its own. Customers flocking to stores for COVID vaccines and tests helped drive a 7.8% increase in sales, to $33.9 billion, for the three-month period ended November 30. That easily topped analysts’ prediction of $32.7 billion. Adjusted earnings
SAN ANTONIO — H-E-B in late December celebrated the opening of its newest store with a New Year’s Eve-inspired ball drop, welcoming shoppers to the El Dorado H-E-B outlet in Webster, Texas, in the Houston suburbs. The ball dropped during the opening ceremony featured a metal shingle design resembling the underside of the Space Shuttle,
Later this year, 60 years will have passed since the first Walmart opened its doors in Rogers, Ark., the town that borders the retailer’s Bentonville headquarters. Put another way, most Americans don’t remember the United States without a Walmart at which to shop or peruse or merely gossip about or await the day when the
Walgreens Boots Alliance is off to a fast start on the transformational journey that chief executive officer Roz Brewer mapped out at the company’s investor conference last fall. Results for the first quarter of the fiscal year were impressive — sales rose 7.6% on a constant currency basis, while adjusted earnings per share increased 53%,
The Consumer Technology Association’s (CTA’s) big event, CES, returned to Las Vegas this month after COVID-19 forced an all-digital show last year. The embrace of the in-person event — CES 2022 drew about 2,300 exhibiting companies — in the face of a lingering pandemic may suggest that there are limits to the kinds of human
Editors note: In the first part of this two-article series, the authors discussed how the pandemic has changed the average consumer’s home from just a place to come to after work to a 24-7-365 multi-use space that comprises home, gym, workplace, cooking and eating headquarters, party space, and in some instances school. Companies that have
Category management is now 30-plus years old and it’s time to evolve. Most retailers and CPG suppliers have effectively implemented some form of category management and have for some time. Even the United States federal government finally implemented category management. However, as all things mature, change is required to keep up with the shifting shopping