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JACKSONVILLE, Fla. — Southeastern Grocers said on Thursday that it has appointed Anthony Hucker to the posts of president and chief executive officer, effective immediately. Hucker has been serving in those roles on an interim basis since July 1. “We are pleased to welcome Anthony as CEO of Southeastern Grocers as he was always part
BENTONVILLE, Ark. — Walmart is using big data to improve its operations in a number of ways, from improving customer service at its pharmacies and in its checkout lanes to optimizing product assortment, according to a blog post and infographic on the company’s web site. “Big data is an essential part of the strategy of
WOONSOCKET, R.I. — CVS Health beat Wall Street’s earnings forecast for the second quarter and bumped up the bottom of its 2017 guidance despite declined sales in its retail pharmacy business unit. CVS said Tuesday that net income for the second quarter ended June 30 totaled $1.1 billion, or $1.07 per diluted share (GAAP), compared
BOISE, Idaho — Albertsons Cos. said Monday that it has appointed former Microsoft chief operating officer Kevin Turner to serve as vice chairman of the board of managers at its direct parent company, AB Acquisition LLC. Turner will also serve as senior advisor to Albertsons chairman and chief executive officer Bob Miller. Turner brings extensive
MISSISSAUGA, Ontario — Sobeys Inc. executive Beth Newlands Campbell is joining McKesson Canada as president of Rexall Drugstore. McKesson Canada said Friday that Newlands Campbell, most recently president of the Atlantic/Ontario business unit at Sobeys, is slated to start in her new post at Rexall on Aug. 8. As Rexall’s president, Newlands Campbell will lead
SALISBURY, N.C. — Food Lion said it will celebrate the remodeling of 93 stores in the Greensboro, N.C., market on Wednesday, with ribbon-cutting ceremonies and gift card giveaways. The grocery retail invested $178 million in the market this year, remodeling stores, lowering prices and hiring hundreds of additional associates. “Food Lion has been a proud
WASHINGTON — Retailers applauded congressional Republicans’ move to give up their pursuit of the border adjustment tax (BAT). Prior to GOP leaders’ announcement of the decision on Thursday, retailers that receive many of the goods they sell from overseas had expressed concerns about the BAT, claiming it would pass hefty costs on to consumers. The
WASHINGTON, D.C. — Walmart on Wednesday proposed a series of policy moves that it says would boost U.S. manufacturing, create jobs for Americans and reduce imports. “As we’ve worked over the last four years alongside our suppliers toward our goal to source an additional $250 billion in products that support American jobs, we’ve learned a
BENTONVILLE, Ark. — Walmart, which last year began testing a high-tech vending machines that make it easier for customers to pick up Walmart.com orders at their local store, is rolling the technology out. The retailer plans to have the giant self-service kiosks, which Walmart calls Pickup Towers, in more than 100 of its U.S. stores
HOFFMAN ESTATES, Ill. — Sears Holdings struck a deal on Thursday to sell its Kenmore-branded appliances on Amazon.com. Sears also said its Kenmore Smart appliances will be integrated with Amazon’s Alexa platform. Shares of Sears’ stock were climbing more than 25% at one point in trading before the market’s open following this news. “The launch
WASHINGTON — Senate GOP leaders have once again failed in their efforts to dismantle and simultaneously replace much of the Affordable Care Act, after the defections of two more Republican senators left the party short of the votes needed to pass President Trump’s top legislative priority for his first seven months in office. Two more
NEW YORK — Back-to-school spending is forecast to rise this season, according to recent surveys from the National Retail Federation and Deloitte LLC. Families with children in elementary through high school plan to spend an average $687.72 each, for a total of $29.5 billion, an 8% increase from last year’s $27.3 billion, according to the