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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
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
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
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
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
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.
WILMINGTON, N.C. — Dollar General kicked off the grand opening of its 15,000 store in Wilmington, North Carolina, by hosting a community celebration and donating $15,000 to five local schools to support literacy and education initiatives. “Opening our 15,000 store is a major milestone for Dollar General,” said Todd Vasos, Dollar General’s chief executive officer and
BENTONVILLE, Ark. — Walmart has hired healthcare industry veteran Sean Slovenski to serve as senior vice president of health and wellness at Walmart U.S., effective August 1. He will report directly to Walmart U.S. president and CEO Greg Foran. “Sean is a proven leader and entrepreneur with an established track record in defining and building
CHESAPEAKE, Va. — Dollar Tree this weekend is celebrating the milestone of its 15,000th store opening, with discounts and promotions at its outlets across the United States and in five Canadian provinces. In addition, selected new Dollar Tree and Family Dollar stores have scheduled grand openings for this weekend, with festivities including giveaways, ribbon-cutting ceremonies, private
KEASBEY, N.J. — Wakefern Food Corp. has tapped supermarket industry veteran Erik Keptner to serve as senior vice president of marketing. Keptner brings nearly 20 years of experience to his new role at Wakefern, the nation’s largest retailer-owned cooperative. He will be responsible for developing marketing and merchandising strategies for the cooperative, whose member companies own
CINCINNATI — Kroger Co. said on Monday that it will launch a new apparel brand called Dip this fall in more than 300 Fred Meyer and Kroger Marketplace stores. The new clothing line was developed by fashion designer Joe Mimran, who is known for launching the Club Monaco, Joe Fresh and Pink Tartan apparel brands. “We’ve worked closely with
ZAANDAM, Netherlands — Seven years ago, as the newly appointed chief executive officer of Royal Ahold, Dick Boer was focused on implementation of Reshaping Retail, a strategy designed to enable the company to better meet consumers’ changing needs with supermarkets and small-format and specialty stores, as well as an emerging array of omnichannel capabilities. Reshaping