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WASHINGTON – Mother’s Day spending is expected to total a record $25 billion this year, up from $23.1 billion in 2018, according to the annual survey released Wednesday by the National Retail Federation. A total 84% of U.S. adults are expected to celebrate their mothers and other women in their lives. “Mother’s Day spending has
CHICAGO — Retailers and suppliers can win consumers’ business and their loyalty by offering greener products, as long as they don’t try to charge more for them. That is one of the findings of Earth Day 2019, an A.T. Kearney study based on a poll of 1,000 U.S. consumers. The study found that more than 70% of Americans
WASHINGTON — Retail sales in March were up 1% seasonally adjusted from February and up 0.8% unadjusted year-over-year, according to the National Retail Federation, which said today that the numbers represent good news about the strength of the economy. “March’s numbers are very encouraging and set the stage for improved expectations for the economy in
HOUSTON — Kroger Co. on Wednesday began offering grocery delivery service with autonomous vehicles in Houston. The service, offered in partnership with Nuro, is being offered from the retailer’s South Post Oak store, and will be available from its Buffalo Speedway store later this spring. Houston is the second market for Kroger and Nuro’s delivery service,
BOLINGBROOK, Ill. — Ulta Beauty Inc. has named David Kimbell to the additional role of company president. He continues to serve as chief merchandising and marketing officer. In this new role, Kimbell assumes additional responsibilities for corporate strategy, merchandise planning and operations, the company said. He will continue to report directly to chief executive officer
CAMP HILL, Pa. — Rite Aid Corp. on Thursday reported fourth quarter earnings results that fell below Wall Street’s expectations. The drug chain also provided a forecast for the upcoming fiscal year. For the fourth quarter, the company reported net loss from continuing operations of $255.6 million, or 24 cents per share, adjusted net loss
BENTONVILLE, Ark. — Walmart said Wednesday that it will offer reusable shopping bags at the checkout counters of all its U.S. stores as part of its campaign to cut down on plastic waste. The company will introduce 10 new designs of reusable totes, which will be available for purchase for 98 cents apiece at the
SALISBURY, N.C. — Food Lion said Tuesday that it will invest $40 million to remodel 23 stores in 14 towns and cities that are part of the Charlottesville, Va., and Harrisonburg, Va., communities. “Food Lion is proud to have been a part of the many towns and cities we serve throughout the Charlottesville/Harrisonburg market for
MINNEAPOLIS — Target Corp. said Thursday that it is boosting its minimum hourly wage from $12 to $13, beginning in June. Target has promised pay all its workers at least $15 an hour by the end of 2020. The company made that vow in 2017, when it raised its minimum hourly wage to $11. Last
NEW YORK — Target Corp. held a ribbon cutting this week for a store in the Kip’s Bay neighborhood of Manhattan. The outlet, which will officially open on Sunday, is the retailer’s fifth small-format store in Manhattan and its 78th store in the greater New York area. Target also opened two small-format stores this week
DEERFIELD, Ill. — Promising an aggressive response to “the most difficult quarter” Walgreens Boots Alliance Inc. has had since its creation, executive vice chairman and CEO Stefano Pessina said the company will make “a number of senior appointments,” among other changes. Stefano Pessina Pessina made the comments in response to a 14.3% drop in second
AUSTIN, Texas — Amazon’s Whole Foods Market chain on Monday announced a new round of price cuts on fresh produce and other items across the store. Members of Amazon prime will also get more benefits when shopping at Whole Foods, including additional exclusive weekly deals on popular items. The new prices will go into effect