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LAKELAND, Fla. — Publix Super Markets Inc. opened its eighth GreenWise Market store Thursday on the ground floor of a building in downtown Fort Lauderdale, Fla. The 27,758-square-foot store is the first GreenWise Market to be located in a multi-use high-rise, the company said. “We took all of the things our customers love about GreenWise
ISSAQUAH, Wash. — Costco Wholesale Corp. on Wednesday reported net sales of $13.64 billion for the retail month of January, up 17.9% from the $11.57 billion recorded in January of 2020. The company’s e-commerce sales in January rose 107%. For the twenty-two weeks ended January 31, 2021, the company reported net sales of $79.11 billion,
SEATTLE — Amazon founder Jeff Bezos will step down from his role as chief executive later this year and transition to the role of executive chair, the company reported Tuesday. He will be replaced by Andy Jassy, who currently heads the company’s cloud business, Amazon Web Services. Bezos has been Amazon’s CEO since its founding
NEW YORK — CVS Health and Walgreens said Tuesday that they are working with the federal government to expand access to COVID-19 vaccinations at their stores. Beginning on Thursday, February 11, CVS Health will start to offer COVID-19 vaccinations to eligible populations at a limited number of CVS Pharmacy locations across 11 states. Supply for
Todd Huseby, partner and leader of the consumer health care sector at Kearney, examines the implications of some key recent developments for pharmacy retailers. COVID-19’s effect on shoppers, Amazon’s move into the prescription drug business, the emergence of other e-commerce challengers, and changes at CVS Health and Walgreens Boots Alliance are among the subjects
ARLINGTON, Va. — Despite the hardships brought on by the pandemic, the “road ahead is now totally open” for retailers, WSL Strategic Retail CEO and chief shopper Wendy Liebmann said during a webinar sponsored by the National Association of Chain Drug Stores on Thursday. In her virtual presentation, Future Shop: A Shopper-centric View to 2022-2024,
BENTONVILLE, Ark. — Walmart said Thursday that it is expanding and rebranding its advertising business, which is now called Walmart Connect. The retailer says it offers brands a unique platform, allowing them to reach the retailer’s 150 million weekly customers via its stores, digital properties and across the internet. Formerly known as Walmart Media Group,
DEERFIELD, Ill. — Stefano Pessina is bullish about the future of Walgreens Boots Alliance in the wake of Rosalind Brewer’s appointment to succeed him as the company’s chief executive officer. A former CEO of Walmart’s Sam’s Club division and currently chief operating officer and group president at Starbucks Corp., Brewer will join WBA on March
DEERFIELD, Ill. – Roz Brewer, who most recently served as chief operating officer and group president at Starbucks Corp., has been appointed chief executive officer of Walgreens Boots Alliance, effective March 15. She will succeed Stefano Pessina and also join the WBA board of directors. In that role, Brewer will be the only African-American woman
WASHINGTON — Thomas Wolff famously wrote “you can’t go home again,” and FMI president and chief executive officer Leslie Sarasin said Tuesday that food retailers will face a similar reality when the COVID-19 pandemic finally ends. “There simply is no going back to the normal we knew before the pandemic,” she said. “We’ve changed, the
In this week’s Video Forum, George Rafferty, president of corporate partnerships at AmerisourceBergen, discusses the drug wholesaler’s innovative go-to-market strategy. The new model aims to provide customers with top-notch day-to-day support, while at the same time fostering more strategic, long-term relationships.
BENTONVILLE, Ark. — Walmart says it is preparing for a major rollout of COVID-19 vaccinations, and will be able to deliver 10 million to 13 million doses per month when supply and allocations allow. “As we look to a future when supply can meet demand and more people are eligible to receive the vaccine, we