BAVIS_1170x120_10-22-20

Issues

Costco named MMR Retailer of the Year

Costco named MMR Retailer of the Year

ISSAQUAH, Wash. — Costco Wholesale Corp., even more than most retailers, has a business model built around efficiency. The company offers a limited selection of products, most of them available in only the most popular flavor, color or size, which results in high sales volumes and rapid inventory turns. Combined with the operating efficiencies achieved

Meijer is recognized as peerless regional chain

Meijer is recognized as peerless regional chain

GRAND RAPIDS, Mich. — Meijer Inc.’s guiding philosophy is the “virtuous cycle,” meaning it turns growth and profitability into community investments. Its communities in turn thrive and boost business at Meijer, perpetuating the cycle. “When we invest in our communities and customers and give them popular offerings, whether digital shopping or locally produced items or

Target’s Sando lauded as Top Merchant

Target’s Sando lauded as Top Merchant

MINNEAPOLIS — Target’s stunning financial success in recent years is the fruit of several inspired strategic decisions, including executing a thoughtfully curated merchandising assortment that spans categories and has been paramount to the evolving consumer needs over the past year. Jill Sando, a 24-year company veteran and now chief merchandising officer, has played a central

Whiteside is customer officer of the year

Whiteside is customer officer of the year

BENTONVILLE, Ark. — Wal­mart recruited Janey Whiteside three and a half years ago to fill the newly created position of chief customer officer, a title that came with a mandate to build innovative services and solutions that help customers live better. For Whiteside and her team, that meant getting to know customers better. “Customer needs

Amazon Unsurpassed as Omnichannel Retailer

Amazon Unsurpassed as Omnichannel Retailer

SEATTLE — Amazon has revolutionized American retailing. Already by far the dominant force in e-commerce, over the past five years the online behemoth has made serious moves to develop its brick-and-mortar presence and become a major player in omnichannel grocery retailing. With vast resources, a keen strategic grasp of the opportunities before it and a

Hy-Vee will enter four more states

WEST DES MOINES, Iowa — Midwestern grocer Hy-Vee Inc. sees growth opportunities to the south and east. The retailer has confirmed plans to expand into the Indianapolis; Nashville; and Louisville, Ky., markets as part of the next phase of its expansion plan. The Des Moines Register reported last month that Hy-Vee plans to expand into

Eager gift buyers drive holiday sales up 8.5%

PURCHASE, N.Y. — Retail sales (excluding automotive) increased 8.5% year over year this holiday season, according to Mastercard SpendingPulse. Online sales grew 11% compared to the same period last year, the preliminary insights show. Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, defines the holiday season as running from

WBA’s first quarter earnings far surpass expectations

DEERFIELD, Ill. — Walgreens Boots Alliance’s (WBA’s) first quarter sales and profits topped Wall Street’s expectations, and its own. Customers flocking to stores for COVID vaccines and tests helped drive a 7.8% increase in sales, to $33.9 billion, for the three-month period ended November 30. That easily topped analysts’ prediction of $32.7 billion. Adjusted earnings

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