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BENTONVILLE, Ark. — Walmart said on Friday that chief merchant Steve Bratspies is leaving the company. Bratspies has been the company’s chief merchandising officer for more than four years, a key role that oversees product selection and pricing in its U.S. stores, according to the company. He will be replaced by Scott McCall, another company
BENTONVILLE, Ark. — Recognizing the dramatically changing mass retailing marketplace, the editors of Mass Market Retailers have selected Walmart as the initial recipient of the publication’s newly created award for the most outstanding U.S. omnichannel retailer. The designation of Walmart, the world’s largest retailer, for this recognition was not a difficult decision. In 2019, the
KEASBEY, N.J. — Wakefern Food Corp. had its start in 1946, during a challenging time for independent food retailers. The problem back then was that independent operators were seeing their loyal customers lured away by the big self-service supermarkets of the day, which could offer lower prices. To compete, eight grocers in the Newark, N.J.,
MINNEAPOLIS — Target Corp. has long been known for its unmatched marketing prowess, displayed through campaigns that are perhaps the most creative, distinctive and effective in all of retail. That reputation was achieved and maintained by a succession of fabled marketing executives, beginning with John Pellegrene and continuing with Michael Francis and Jeff Jones. Rick
WOONSOCKET, R.I. — CVS Pharmacy president Kevin Hourican is leaving the company to become president and CEO of food service company Sysco Corp. “Retail pharmacy and the role pharmacists play in health care are rapidly evolving, and we’ll continue to lead the way in responding to changing patient needs,” said Larry Merlo, president and chief
GOODLETTSVILLE, Tenn. — Dollar General Corp. seems to defy the kind of gravity that is keeping much of the retail industry earthbound. At a time when some retailers are scaling back their brick-and-mortar expansion plans and may see their profits constrained by the need to invest in their omnichannel offerings, Dollar General has been growing
CARLISLE, Pa. — GIANT Food Stores plans to spend $114 million on capital projects in Pennsylvania over the next 18 months. In an announcement made with the state officials at the Pennsylvania Farm Show on Thursday, the retailer detailed plans to build a GIANT DIRECT ecommerce fulfillment center, open two new stores, and remodel 35
CHICAGO – H-E-B was rated the top U.S. grocery according to the third annual dunnhumby Retailer Preference Index (RPI), a nationwide study of the $700 billion U.S. Grocery market. The San Antonio-based supermarket operator took over the top spot from Trader Joe’s, which had held it for two years, and also moved ahead of Amazon
SAN BERNADINO, Calif. — Stater Bros. has promoted Keith Thomas to the position of executive vice president of retail operations. Thomas will report directly to Stater Bros. president Greg McNiff and will be responsible for overseeing the retail operations of all the retailer’s stores. He will also be charged with ensuring that Stater Bros. provides
PURCHASE, N.Y. – Retailers had much to cheer about this holiday season. According to Mastercard SpendingPulse, holiday retail sales increased 3.4% with online sales growing 18.8% compared to 2018. Mastercard SpendingPulse provides insights into overall retail spending trends across all payment types, including cash and check. “E-commerce sales hit a record high this year with
WESTBOROUGH, Mass. — BJ’s Wholesale Club has named Lee Delaney to serve as chief executive officer. He succeeds Christopher Baldwin, who has been named executive chairman. Baldwin will also serve as a strategic advisor to Delaney. The company also appointed Thomas Kingsbury, the former CEO of Burlington Stores Inc., to its board of directors. The moves
SAN BERNARDINO, Calif. — Stater Bros. Markets said Thursday that it plans to build a new store Whittier, Calif. The new outlet, which will be built from the ground up, will replace a former Stater Bros. store that was located at 11750 Whittier Blvd. The company expects to break ground on the Whittier site in