December 18, 2018 by MMR
autonomous vehicles, Fry's Food Stores, Kroger Co., self-driving grocery delivery service
Featured Articles, Leading Headlines, Retail News, Topics
SCOTTSDALE, Ariz. — Kroger Co. said Tuesday that it has begun making grocery deliveries here using unmanned vehicles. Working with Silicon Valley startup Nuro, Kroger has been making grocery deliveries in Scottsdale, Ariz., using self-driving Prius cars. In that pilot program, which began in August, a person would be present in the car that was making deliveries
December 18, 2018 by MMR
Justin Mennen, Rite Aid Corp.
Featured Articles, Leading Headlines, People, Retail News
CAMP HILL, Pa. — Rite Aid Corp. on Tuesday appointed Justin Mennen as senior vice president and chief information officer. Mennen, a seasoned technology and digital leader with more than 20 years of technology leadership experience, will be responsible for all aspects of the company’s technology and information operations, including enterprise systems and applications, network,
December 13, 2018 by MMR
Costco Wholesale Corp., first quarter 2019
Featured Articles, Leading Headlines, Money
ISSAQUAH, Wash. — Costco Wholesale Corp. on Thursday reported that its net sales in the first quarter of fiscal 2019 were $34.31 billion, an increase of 10.3% over the same period last year. Comp sales for the company as a whole increased 8.8%, and rose 32.3% for the company’s e-commerce business. Comp sales for the 12
December 12, 2018 by MMR
Express Scripts, Walmart
Featured Articles, Leading Headlines, Retail News
BENTONVILLE, Ark. — Today, Walmart and Express Scripts announced an extension to the companies’ existing network agreement to provide access to Walmart’s prescription services for Express Scripts clients’ covered members. The companies also made a commitment to deliver additional affordable prescription solutions to millions of underinsured and uninsured Americans. As part of the ongoing relationship, Walmart is
December 6, 2018 by MMR
Kroger Co., third quarter
Featured Articles, Leading Headlines, Money, Retail News
CINCINNATI — Kroger Co. on Thursday reported a third quarter profit of $317 million, or 39 cents per diluted share, compared with $397 million, or 44 cents a share, a year ago. Overall sales declined slightly to $27.7 billion in the 13 weeks to November 10. Same-store sales rose 1.6%, excluding fuel. Kroger’s profits are
December 6, 2018 by MMR
FedEx Corp., Walgreens
Featured Articles, Leading Headlines, Retail News
DEERFIELD, Ill. — Walgreens and FedEx Corp. on Thursday announced a nationwide rollout of next-day prescription delivery service, bringing together Walgreens extensive network of neighborhood pharmacy locations with the FedEx air-and-ground delivery network to enhance convenience for patients to fill prescriptions. Walgreens is now the fastest choice for next-day prescription delivery across the nation. Patients
December 4, 2018 by MMR
Kroger Co., Kroger Express, Restock Kroger, Walgreens
Featured Articles, Leading Headlines, Retail News
DEERFIELD, Ill. — Kroger Co. and Walgreens on Tuesday announced two major initiatives, building on the exploratory pilot the companies announced in October, combining America’s food and grocery authority with Walgreens global expertise in pharmacy, health and beauty. “We are redefining the customer experience in a variety of ways through Restock Kroger, including innovative partnerships
December 3, 2018 by MMR
Fresco y Más, Lauderhill store, Southeastern Grocers Inc.
Featured Articles, Leading Headlines, Retail News
JACKSONVILLE, Fla. — Southeastern Grocers Inc. is set to unveil its 27th grocery store under the Fresco y Más banner with a grand opening of a store in Lauderhill, Fla., on December 5. The company, which also operates the BI-LO, Harveys and Winn-Dixie chains, opened its first six Fresco y Más stores in 2016 to cater
November 30, 2018 by MMR
Featured Articles, Leading Headlines, Slideshows, Special Reports
NEW YORK — Mass Market Retailers on Tuesday evening honored the outstanding executives who were chosen as the publication’s Six Who Made a Difference in 2018. On hand to receive awards were the following executives: Staci Cochran, Senior Buying Manager for O-T-Cs at Walmart. Patrick Dennis, Group Vice President of General Merchandise and Health and
November 29, 2018 by MMR
Dollar Tree Inc., Dollar Tree president and chief executive officer Gary Philbin, Family Dollar, Gary Philbin
Featured Articles, Leading Headlines, Money
CHESAPEAKE, Va. — Dollar Tree Inc. reported a 4.2% increase in consolidated net sales, to $5.54 billion, for its fiscal 2018 third quarter. Same-store sales for the company increased 1%, and net income increased 5.1% to $281.8 million. “We delivered earnings within the range of our expectations despite continued cost pressures related to domestic freight
November 28, 2018 by MMR
Aetna, CVS Health, Larry Merlo
Featured Articles, Leading Headlines, Retail News
Woonsocket, R.I. – CVS Health on Wednesday announced that it completed its acquisition of Aetna establishing CVS Health as the nation’s premier health innovation company. “Today marks the start of a new day in health care and a transformative moment for our company and our industry,” said CVS Health president and chief executive officer Larry Merlo.
November 26, 2018 by MMR
Black Friday, ICSC, ICSC president and CEO Tom McGee, International Council of Shopping Centers, Steve Bratspies, Walmart U.S.
Featured Articles, Leading Headlines, Retail News
NEW YORK —Black Friday lived up to its reputation as the busiest shopping day of the year, according to the International Council of Shopping Centers, which estimates that about 151 million people visited a mall or shopping center over the weekend. “Black Friday kicked the holiday shopping season into high gear, driven by positive consumer