Issue 04-19-2010

For consumers, price is still paramount

NEW YORK — While some economists have declared the recession over, discount retailers that have benefited from the downturn are wagering that consumers will continue to make price their highest priority for this year. While some economists have declared the recession over, discount retailers that have benefited from the downturn are wagering that consumers will

Walmart, Target now more alike

CHICAGO — Walmart and Target Corp. are becoming increasingly similar as the former improves its merchandising prowess and the latter sharpens its pricing, a new report contends. Walmart and Target Corp. are becoming increasingly similar as the former improves its merchandising prowess and the latter sharpens its pricing, a new report contends. “Of course, Target

Drug chains react to Ontario pharmacy funding cuts

TORONTO — Just days after the Ontario health minister unveiled plans to halve the reimbursement rate for prescriptions filled with generic drugs, the two largest chains in the province altered their operations to deal with the expected loss in revenue. Just days after the Ontario health minister unveiled plans to halve the reimbursement rate for

Changes are in the works at Ahold

QUINCY, Mass. — Ahold USA is planning a reorganization of its retail merchandising and marketing operations, according to published reports. Ahold USA is planning a reorganization of its retail merchandising and marketing operations, according to published reports. Ahold intends to base all of its nonperishable and fresh merchandising functions in Carlisle, Pa., where its Giant-Carlisle

Food Lion spots tout low prices

SALISBURY, N.C. — Food Lion LLC has debuted a new television advertising campaign, highlighting reduced prices on thousands of its best-selling items. Food Lion LLC has debuted a new television advertising campaign, highlighting reduced prices on thousands of its best-selling items. The ads are designed to support the supermarket retailer’s “New, Lower Prices” campaign that

Milestone hit by Fresh & Easy

BURBANK, Calif. — Fresh & Easy Neighborhood Market reached and then quickly passed the 150-store mark earlier this month. Fresh & Easy Neighborhood Market reached and then quickly passed the 150-store mark earlier this month. “Celebrating our 150th store is a wonderful milestone,” Fresh & Easy chief executive officer Tim Mason said on April 7

Asda CEO to relinquish post and take on new role

LEEDS, England — Andy Bond, president and chief executive officer of Asda PLC, will give up the position to become chairman of the retailer’s executive committee, a part-time role. Andy Bond, president and chief executive officer of Asda PLC, will give up the position to become chairman of the retailer’s executive committee, a part-time role.

Delhaize exec calls for new kind of collaboration

SAN ANTONIO — Category management is too focused on product to serve today’s retailers well, argues Delhaize America Shared Services chief executive officer Rick Anicetti. What is needed is a new approach that puts a retailer’s customers at the center of the equation. Category management is too focused on product to serve today’s retailers well,

NRF tabs Shay as CEO

WASHINGTON — Matt Shay has been selected to serve as the next president and chief executive officer of the National Retail Federation (NRF). Matt Shay has been selected to serve as the next president and chief executive officer of the National Retail Federation (NRF). Shay assumes his new responsibilities on May 10 and will be

A game-changer for Walmart

Walmart employs 2 million associates, give or take. Most are competent. Some are particularly capable. And a special few are extraordinary, able to advance the retailer’s agenda, move the company forward, implement new strategies and execute difficult assignments. Walmart employs 2 million associates, give or take. Most are competent. Some are particularly capable. And a

Food safety initiative gathers momentum

A program designed to enhance food safety received an important endorsement earlier this month when Kroger Co. put its seal of approval on the Rapid Recall Exchange. A program designed to enhance food safety received an important endorsement earlier this month when Kroger Co. put its seal of approval on the Rapid Recall Exchange. A