CAMP HILL, Pa. — Rite Aid Corp.’s appointment of chain drug retailing veteran Kermit Crawford as president and chief operating officer has moved it beyond the shadow of its aborted acquisition by Walgreens Boots Alliance Inc. (WBA), say industry analysts. Crawford — who during a three-decade career at Walgreens rose to become executive vice president
MINNEAPOLIS — Supervalu Inc. has agreed to acquire Associated Grocers of Florida Inc. for $180 million. The purchase extends Supervalu’s operations in Florida and provides opportunities to bring its products and services to Associated Grocers’ diverse customer base in the Caribbean and other international markets. Additionally, Supervalu reached a long-term supply agreement with Associated Grocers’
CINCINNATI — Kroger Co. Central division president Katie Wolfram, a 38-year company veteran, is set to retire from her post effective November 4. Wolfram will be succeeded by Pam Matthews, who has been serving as president of Kroger’s QFC division president. And Suzy Monford, the former chief executive officer of Andronico’s Community Markets, has joined
As this issue of MMR was going to press, Walmart was widely reported to be in the midst of serious discussions with Lord & Taylor about bringing the department store operator’s merchandise offerings to walmart.com as part of a larger effort to counter the appeal of Amazon in the battle to win the hearts and
Retailers are speaking up about the contributions they make to the nation’s economy, in the hope that their needs will be taken into account when lawmakers rewrite the tax code. Earlier this month the Food Marketing Institute (FMI) released its “Grocery Industry Economic Impact” analysis, which quantifies the food retail industry’s annual economic impact. FMI’s
While many elements go into shoppers’ buying decisions, the factors that determine whether an item is put into the basket or back on the shelf go well beyond promotions, price and product placement. During the holidays, when retailers typically earn 40% or more of their annual revenue, it is critical to customize the shopping experience