August 15, 2018 by MMR
Denise Incandela, Ellen DeGenere, EV1, fashion, Walmart, Walmart.com
Featured Articles, Leading Headlines, Retail News
BENTONVILLE, Ark. — Walmart is launching a new fashion line with talk show host and actress Ellen DeGeneres. The denim-based collection, EV1, will be available beginning September 10 on Walmart.com and in about 2,300 Walmart stores, according to the retailer, which said the line includes jeans, shirts, shoes and accessories, with individual items priced at
August 14, 2018 by MMR
National Retail Federation, retail sales forecast
Featured Articles, Leading Headlines, Retail News
WASHINGTON — The National Retail Federation has revised its retail sales forecast for 2018, saying it now expects sales to increase 4.5% or more, up from its earlier projection of a year-on-year gain in the range of 3.8% to 4.4%. “Higher wages, gains in disposable income, a strong job market and record-high household net worth
August 8, 2018 by MMR
Albertsons Cos., Albertsons-Rite Aid merger, John Standley, Rite Aid Corp.
Featured Articles, Leading Headlines, Retail News
CAMP HILL, Pa. – Rite Aid Corp. announced that it has mutually agreed with Albertsons Cos. to terminate their previously announced merger agreement. “While we believed in the merits of the combination with Albertsons, we have heard the views expressed by our stockholders and are committed to moving forward and executing our strategic plan as
August 8, 2018 by MMR
Aetna Inc., CVS Health, CVS-Aetna, Larry Merlo, Omnicare
Featured Articles, Leading Headlines, Money, Retail News
WOONSOCKET, R.I. — Pharmacy gains propelled CVS Health’s second quarter results ahead of Wall Street’s expectations. Retail sales for the three months ended June 30 climbed 5.7% to $20.7 billion, despite less front-end traffic. Overall same-store sales rose 5.9%. Pharmacy sales jumped 8.3% from a year ago, while same-store front-end sales dipped 1%. CVS’ revenue
August 7, 2018 by MMR
Kroger, Mike Murphy, Valerie Jabbar
Featured Articles, Leading Headlines, People, Retail News
CINCINNATI — Valerie Jabbar was named Tuesday as group vice president of merchandising for Kroger Co. Jabbar, who for the past two years has been president of Kroger’s Ralphs division, assumes her new role on September 1. Mike Murphy, vice president of operations at Kroger’s Columbus division, will succeed Jabbar at Ralphs, which is headquartered
August 1, 2018 by MMR
HealthMarket, Hy-Vee
Featured Articles, Leading Headlines, Retail News
WEST DES MOINES, Iowa — Hy-Vee Inc. has opened its first HealthMarket here, a concept store envisioned as a one-stop shop for consumers looking to lead a healthy, more natural lifestyle. The 15,700-square-foot store combines several of the initiatives and partnerships Hy-Vee has undertaken in recent years to spur growth and keep current in a
July 27, 2018 by MMR
Dollar General, Food Marketing Institute, Jessica Kazmaier, Jocelyn Konrad, Karen Staniforth, Kathleen Jaeger, Lauren Brindley, Leslie Sarasin, Lisa Badgley, mass market retailers, Most Influential Women, NACDS Foundation, National Association of Chain Drug Stores, Rhonda Taylor, Rite Aid, Susan Henderson, Tracey Herrmann, Walgreens
Featured Articles, Leading Headlines, Slideshows
NEW YORK — Mass Market Retailers on Tuesday evening honored the outstanding executives who were identified by the publication as the industry’s Most Influential Women in 2018. On hand to receive awards were the following executives: Lisa Badgley, senior vice president of operations at Walgreens Lauren Brindley, group vice president and GMM of beauty and
July 27, 2018 by MMR
Amazon Web Services, Amazon.com, AWS
Featured Articles, Leading Headlines, Money, Retail News
SEATTLE — Amazon.com posted profits of $2.5 billion for the second quarter, up from $197 million a year earlier, on revenue of $52.9 billion. Operating profit margin came in at 5.6%. It was the third consecutive quarter in which Amazon posted profit of $1 billion or more, extending its profitability streak to three years. Amazon
July 26, 2018 by Scot Meyer
Mark Gross, Supervalu, UNFI, UNFI chairman and chief executive officer Steve Spinner, United Natural Foods Inc.
Featured Articles, Leading Headlines, Money, Retail News
PROVIDENCE, R.I. — United Natural Foods Inc. has agreed to acquire Minneapolis-based wholesaler and retailer Supervalu Inc. The deal is valued at about $2.9 billion, including the assumption of outstanding debt and liabilities. UNFI says the transaction represents an opportunity to diversify its customer base and expand its market reach and scale. The company said
July 26, 2018 by MMR
Find Care Now, Walgreens
Featured Articles, Leading Headlines, Retail News
DEERFIELD, Ill. — Walgreens is rolling out Find Care Now, a digital platform and marketplace that helps connect the company’s millions of mobile and online visitors to health care services at Walgreens stores and to a growing selection of recognized providers in the community. The retailer is working closely with a current list of 17
July 24, 2018 by MMR
Amazon.com Inc., Prime Now, Whole Foods Market
Featured Articles, Leading Headlines, Retail News
SEATTLE — Amazon.com Inc. and its Whole Foods Market chain said Tuesday that they are expanding the delivery of natural and organic products from Whole Foods Market stores through Amazon’s Prime Now service in the greater Miami and New York metropolitan areas. Prime members in those cities can shop through online, or by using the Prime
July 18, 2018 by MMR
East Village, new store, New York City, Target Corp.
Featured Articles, Leading Headlines, Retail News, Slideshows
NEW YORK — Target Corp. opened a store in New York’s East Village neighborhood on Wednesday. The 26,000-square-foot outlet is the first of three stores Target plans to open in the area this year. The retailer is set to open a store in Manhattan’s Lower East Side neighborhood in August, and one in Selden, N.Y.