This is a category for posts to be display on top left column
SEATTLE — Amazon on Thursday launched its new Counter service at more than 100 Rite Aid stores. The service will roll out to 1,500 Rite Aid locations by the end of the year. “Creating a seamless, convenient customer experience is a key element of our strategy and digital transformation,” said Jocelyn Konrad, executive vice president
WASHINGTON — The U.S. Supreme Court ruled in the Food Marketing Institute’s favor on Monday, backing the trade group’s efforts to protect the confidentiality of the store-level data of retailers that participate in the Supplemental Nutrition Assistance Program. The case involved a Freedom of Information Act (FOIA) request made by the Argus Leader newspaper in
BENTONVILLE, Ark. — Walmart agreed to pay $282 million to settle federal allegations of overseas corruption, capping one of the biggest investigations ever under the Foreign Corrupt Practices Act, which makes it illegal for American corporations to bribe overseas officials. The company said Thursday it had entered into a global settlement with the U.S. Department
CINCINNATI — Kroger Co. reported Thursday an operating profit of $901 million in its first quarter. Identical sales, excluding fuel, increased 1.5%, down from 1.9% in the fourth quarter and 1.8% in the year-ago quarter. Digital sales in the quarter ended May 25 increased 42% from a year earlier. Kroger’s digital sales in the preceding
QUINCY, Mass. — Ahold Delhaize USA announced that Stop & Shop president Mark McGowan is leaving the company later this year and will be succeeded by Gordon Reid, president of the Giant Food banner. Reid will take the reins at Stop & Shop in late July. Ahold Delhaize said McGowan agreed to stay on to
CAMP HILL, Pa. – Rite Aid Corp. has entered into a strategic partnership with Adobe to deliver seamless, personalized and connected health and wellness experiences for Rite Aid customers via Adobe Experience Cloud, the industry’s leading end-to-end solution for experience creation, marketing, advertising, analytics and commerce. Adobe Experience Cloud will enhance Rite Aid’s ability to
CINCINNATI — Kroger Co. has confirmed that it plans to begin selling topical products infused with CBD in 945 stores across 17 states. The products are set to be on those store shelves by the end of the month. “Like many retailers, we are offering our customers a highly curated collection of topical products like
FAYETTEVILLE, Ark. — Walmart wrapped up its annual shareholders’ week activities on Friday with a celebration of the company’s associates as “extraordinary people doing extraordinary things.” Brett Biggs, executive vice president and chief financial officer, credited Walmart’s 2.2 million associates worldwide with helping fulfill founder Sam Walton’s vision for Walmart as a merchant serving the
WOONSOCKET, R.I. — The executive team of CVS Health on Tuesday outlined a series of transformation initiatives at its 2019 Investor Day event, showing how the company plans to accelerate enterprise growth, simplify a consumer health system that is confusing and inconvenient, and position the company for long-term growth and increased shareholder value. The company also
GOODLETTSVILLE, Tenn. — Dollar General Corp. on Thursday said net sales increased 8.3% to $6.6 billion in its first quarter. Same-store sales increased 3.8% in the 13 weeks ended May 3, as shoppers spent more on seasonal products, home goods and food items. Operating profit rose 4.5% to $512.2 million. The company opened 240 new
BENTONVILLE, Ark — Walmart has named tech industry veteran Suresh Kumar to a new chief technology officer and chief development officer role position, reporting directly to president and chief executive officer Doug McMillon. Kumar brings more than 25 years of technology leadership experience — including executive positions at Google, Microsoft, Amazon and IBM — to
MINNEAPOLIS — Target Corp. today reported revenue rose 5% to $17.6 billion in the first quarter of fiscal 2019 as it brought more customers into to its stores. Once there, shoppers spent more than in the previous quarter, the company said. Same-store sales increased 4.8% while comparable digital sales surged 42%. Online sales represented 7.1%