AUSTIN, Texas — Whole Foods Market Inc. unveiled a sweeping overhaul of its leadership structure on May 10, replacing five directors, naming a new board chair and making official the hiring of a new chief financial officer. The management shake-up came as the retailer faced intense pressure from restless investors. The moves were described as
BOISE, Idaho — Albertsons Cos. has promoted executive vice president and chief operating officer Wayne Denningham to the post of president. The move was one of a number of management changes the company announced last month. The company named Geoff White to the new position of president of own brands, and promoted Mike Withers to
BENTONVILLE, Ark. — Eight-year Walmart veteran Marybeth Hays has been named the company’s executive vice president for consumables, health and wellness. Hays, who had been chief merchandising, marketing and supply chain officer at Walmart China, will succeed Scott Huff, who is retiring after 23 years with Walmart. She is expected to fully transition into the
WOONSOCKET, R.I. — CVS Pharmacy has unveiled a new store design with an expanded assortment of healthier food, health-focused products and beauty selections paired with informational signage. Together with digital programs, the changes represent the next evolution of the customer experience at CVS. “Pharmacy is the heart of our business, and our focus on providing
INDIANAPOLIS — Marsh Supermarkets LLC could close all of its remaining 44 stores if no buyer is found by early July. The chain filed for Chapter 11 bankruptcy protection this month to maintain operations as it seeks a purchaser. While the filing was “extremely difficult, we believe this action is necessary to preserve the value
CINCINNATI — Colleen Lindholz, president of The Little Clinic, the retail clinic of Kroger Co., is now the president of pharmacy as well. Lindholz, who has been president of The Little Clinic since 2015, takes over her new pharmacy responsibilities from Philecia Avery, who resigned earlier this month. “Colleen is passionate about helping people live
LOUISVILLE, Colo. — Publix Super Markets Inc. and Wegmans Food Markets Inc. share the top spot as America’s favorite grocery retailer, according to a recent Market Force Information study of more than 12,700 shoppers. Trader Joe’s Co. ranks second and H-E-B third. Wegmans also won top ranking in 2016 after unseating Trader Joe’s, a long-running
ST. LOUIS — David Peacock has been named Schnuck Markets Inc.’s president and chief operating officer. The former Anheuser-Busch Co. president had served as a member of Schnucks’ advisory board since July 2013 but will now give up that role. Peacock’s responsibilities will including managing procurement/merchandising, operations, marketing/communications and supply chain for Schnucks, a family-owned
SCOTTSDALE, Ariz. — Many of the National Association of Chain Drug Stores’ considerable strengths were on display at the organization’s Annual Meeting here last month. During the four-day event at the Phoenician resort, which brought together 2,250 executives from 400 companies representing the full spectrum of stakeholders in chain pharmacy, the deep involvement of members,
The quiet year continues. Mass retailing has changed, but only insofar as new faces have replaced the old and new formats have come along to challenge existing ones. The major players remain in place, and new retailing forms have thus far not disturbed the balance of power. This is not to say that retailing is
Jet.com has a knack for shaking things up. The upstart e-commerce company, which was launched by a group headed by Marc Lore in July 2015 and a little over a year later sold to Walmart for $3.3 billion, is making its first foray into brick-and-mortar retailing, and, true to form, it is doing so in