Aldi details planned ‘coast-to-coast expansion’

BATAVIA, Ill. — Aldi this month revealed new details of its “coast-to-coast expansion” plans, which call for the addition of 100 stores in 2021, the extension of its curbside pickup service to another 500 stores, and a new regional headquarters to facilitate the discount grocer’s push into the Gulf Coast region. The announcement came as

Price Chopper, Tops aim to gain cout via merger

SCHENECTADY, N.Y. — Price Chopper/Market 32 and Tops Markets have agreed to merge, creating a retail company with nearly 300 stores in the Northeast. “This merger marks a major step forward and collectively elevates our ability to compete on every level,” Price Chopper/Market 32 president and chief executive officer Scott Grimmett says. “It leverages increased

FMI leaders commend companies, frontline workers

ARLINGTON, Va. — The leadership of FMI: The Food Industry Association took the occasion of the group’s annual Midwinter Executive Conference, held virtually for the first time last month because of COVID-19, to recognize the heroic efforts of member companies and their frontline workers during the pandemic, and to examine what the retail marketplace will

Liebmann offers glimpse into retailing’s near-term future

ARLINGTON, Va. — Despite the hardships brought on by the pandemic, the “road ahead is now totally open” for retailers, WSL Strategic Retail chief executive officer and chief shopper Wendy Liebmann said during a recent webinar sponsored by the National Association of Chain Drug Stores. In her virtual presentation, “Future Shop: A Shopper-centric View to

Walmart E-commerce CEO Lore is departing

BENTONVILLE, Ark. — Marc Lore, who helped spearhead Walmart’s transformation into an omnichannel retailer, is leaving the company on January 31. He will continue to serve Walmart as a strategic advisor until September, the company said. In a company email, Walmart president and chief executive officer Doug McMillon credited Lore with helping accelerate Walmart’s e-commerce

Holiday sales soared a surprising 8.3%

WASHINGTON — Retail sales during 2020’s November-December holiday season grew an unexpectedly high 8.3% over the same period in 2019 to $789.4 billion, according to the National Retail Federation (NRF). Online and other non-store sales increased 23.9% to $209 billion. NRF chief economist Jack Kleinhenz said consumers shifted into high gear in December, giving the

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