WASHINGTON — The Grocery Manufacturers Association (GMA) and the Food Marketing Institute (FMI) have given a name to their $50 million consumer education campaign in support of the labeling system that began appearing on food and beverages earlier this year. The Grocery Manufacturers Association (GMA) and the Food Marketing Institute (FMI) have given a name
BENTONVILLE, Ark. — In a high-profile initiative similar to its ongoing effort to promote environmental sustainability Walmart has vowed to use its size and global reach to help improve the lives of women around the world. In a high-profile initiative similar to its ongoing effort to promote environmental sustainability Walmart has vowed to use its
With Walmart’s domestic business continuing to struggle while its international business flourishes, Doug McMillon is emerging as the logical successor to Mike Duke when he eventually decides to step down as the chief executive officer of the world’s largest retailer. With Walmart’s domestic business continuing to struggle while its international business flourishes, Doug McMillon is
Two competing narratives are being crafted in an effort to influence federal regulators’ thinking about the pending merger between Express Scripts and Medco Health Solutions, two of the nation’s three biggest pharmacy benefits management companies. Two competing narratives are being crafted in an effort to influence federal regulators’ thinking about the pending merger between Express
NEW YORK — Walmart’s international business is thriving and growing faster than any other part of the giant retailer’s operations. Walmart’s international business is thriving and growing faster than any other part of the giant retailer’s operations. But opportunities remain to hone performance and improve returns, division president and chief executive officer Doug McMillon told
ISSAQUAH, Wash. — Jim Sinegal will step down as chief executive officer of Costco Wholesale Corp. at the end of the year. He will be succeeded by president and COO Craig Jelinek. Jim Sinegal will step down as chief executive officer of Costco Wholesale Corp. at the end of the year. He will be succeeded
CINCINNATI — Kroger Co. has promoted Joe Fey to president of its Quality Food Centers (QFC) division. Kroger Co. has promoted Joe Fey to president of its Quality Food Centers (QFC) division. The 57-year-old Fey had been vice president of merchandising for the company’s Michigan division. He succeeds Donna Giordano at the helm of the
ST. LOUIS — Schnuck Markets Inc. is exiting the Memphis market, selling nine grocery stores and eight gas stations to Kroger. Schnuck Markets Inc. is exiting the Memphis market, selling nine grocery stores and eight gas stations to Kroger. The remaining three Schnucks locations in greater Memphis will be shuttered within a month of the
NEW YORK — A new survey by Alix Partners LLP sheds considerable light on the current state of mind of American grocery shoppers. A new survey by Alix Partners LLP sheds considerable light on the current state of mind of American grocery shoppers. The good news for food retailers in all channels is that, while
SYDNEY, Australia — Costco Wholesale Corp. has opened its second and third Australian stores in the midst of the country’s worst retail downturn for more than 10 years. Costco Wholesale Corp. has opened its second and third Australian stores in the midst of the country’s worst retail downturn for more than 10 years. However, Costco
ABILENE, Kan. — Duckwall-ALCO Stores Inc., a regional discounter that has mainly focused on small towns in the Midwest, plans to try opening urban stores. Duckwall-ALCO Stores Inc., a regional discounter that has mainly focused on small towns in the Midwest, plans to try opening urban stores. The company, which announced that it had posted