August 31, 2016 by Stephen Baker
direct-to-consumer businesses, NPD Group Inc.’s Consumer Tracking service, NPD’s Checkout Tracking service, Stephen Baker
2016, Issue 08-29-2016, Issues, Opinion
It’s well documented that the consumer tech market has been an online destination for longer than most retail categories. Among the industries NPD Group Inc.’s Consumer Tracking service follows, consumer tech’s online penetration in 2015, at 27% of revenue, was the highest. And with holiday quarter numbers at 30% and two of the largest tech
August 29, 2016 by MMR
Jet.com Inc., Walmart
2016, Issue 08-29-2016, Issues
BENTONVILLE, Ark. — Walmart’s better-than-forecast second quarter results included signs that the company is making progress online, with e-commerce sales increasing 11.8%. But Walmart’s $3.3 billion purchase of the online retailer Jet.com Inc. earlier this month shows that the giant retailer intends to take its battle with Amazon.com Inc. to a new level. Walmart said
August 29, 2016 by MMR
2016 Total Store Expo, chief merchant and chief financial officer, H-E-B, Martin Otto, National Association of Chain Drug Stores, TSE
2016, Issue 08-29-2016, Issues
BOSTON — Telling pharmacy’s story to the public and to policy makers is a long-standing priority of the National Association of Chain Drug Stores, so it’s no surprise that the organization used its 2016 Total Store Expo (TSE) here this month to update its message. The story that pharmacy professionals need to be telling is
August 29, 2016 by MMR
Dollar General Corp., Dollar General's chief executive officer, expand, Todd Vasos
2016, Issue 08-29-2016, Issues
GOODLETTSVILLE, Tenn. — Dollar General Corp. opened its 13,000th outlet earlier this month — in Birmingham, Ala. — as it continues to expand its store base at a brisk pace. The company this month also announced it is adding a 44th state — North Dakota — to the list of states in which it has
August 29, 2016 by MMR
Bryan Pugh, executive vice president and chief merchandising and marketing officer, Fred’s Inc., Mary Lou Gardner
2016, Issue 08-29-2016, Issues
MEMPHIS — Fred’s Inc. announced earlier this month that it had promoted Mary Lou Gardner to executive vice president and chief merchandising and marketing officer. She replaced Bryan Pugh, who resigned from the company, Fred’s said in a statement. Gardner joined Fred’s in January as senior vice president of strategy and project management. She came
August 29, 2016 by MMR
Commerce Department, July, U.S. retail sales
2016, Issue 08-29-2016, Issues
WASHINGTON — U.S. retail sales in July held steady at a seasonally adjusted $457.7 billion, the Commerce Department said. The July sales figures represented a 2.3% increase from a year earlier. The department also revised June retail sales upward by 0.2% to a gain of 0.8% to reflect stronger spending at the nation’s retailers and
August 29, 2016 by MMR
Donna Tweeten, executive vice presidents, Hy-Vee Inc., Jeremy Gosch
2016, Issue 08-29-2016, Issues
WEST DES MOINES, Iowa — Hy-Vee Inc. has promoted Jeremy Gosch and Donna Tweeten to posts as executive vice presidents with the company, which operates more than 240 supermarkets in eight Midwestern states. They join six other executives who hold that title at Hy-Vee. Jeremy Gosch, formerly senior vice president and chief merchandising officer, was
August 29, 2016 by MMR
CVS Health, CVS Pay
2016, Issue 08-29-2016, Issues
WOONSOCKET, R.I. — CVS Health recently announced the launch of CVS Pay, a mobile payment app that is designed to expedite the checkout process at the pharmacy counter and the front of the store. The company said the tool integrates payment, prescription pickup and ExtraCare loyalty card functions in one scan at the checkout. CVS
August 29, 2016 by MMR
80th anniversary, executive chairman, Jack Brown, Stater Bros. Markets
2016, Issue 08-29-2016, Issues, Retail News
SAN BERNARDINO, Calif. — Stater Bros. Markets celebrated its 80th anniversary on August 17 by offering customers free balloons and cookies at all 168 of its supermarkets in Southern California. “Celebrating 80 years is an unbelievable accomplishment for any company,” said Jack Brown, executive chairman for Stater Bros. “We wouldn’t be here without our valued
August 29, 2016 by MMR
flexible-format, Target Corp., Target Mobile and Order Pickup, urban
2016, Issue 08-29-2016, Issues
MINNEAPOLIS — Target Corp.’s commitment to an urban growth strategy featuring flexible-format stores carrying assortments tailored to the local clientele is taking the retailer into Manhattan’s East Village neighborhood with a store set to open in 2018. Target’s website notes that the two-level, 27,000-square-foot store will offer apparel and accessories, home goods, food (with grab-and-go
August 29, 2016 by David Pinto
Amazon, brick-and-mortar, David Pinto, online, Target, Walmart
2016, Issue 08-29-2016, Issues, Opinion
The struggles between brick-and-mortar retailers and their online offspring continue. More precisely, the competition shows no signs of abating — or reaching any conclusion. If anything, it has gathered momentum, with the insertion of Amazon as the target of brick-and-mortar retailers seeking to build a viable online business. Perhaps enough has been said and written
August 29, 2016 by Jeffrey Woldt
e-commerce, Jeffrey Woldt, Jet.com, Walmart
2016, Issue 08-29-2016, Issues, Opinion
Walmart’s decision to acquire Jet.com speaks volumes about how the leadership team at the world’s largest retailer sees the impact of e-commerce on the consumer goods market, the company’s future role within the sector, and the transformation of the corporate culture created by Sam Walton more than half a century ago to ensure that Walmart