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2018

Remodels reinvigorate Target

MINNEAPOLIS — While growing e-commerce is a priority at Target Corp., the discount retailer is equally focused on keeping its physical stores relevant and appealing through an aggressive remodeling program. Target intends to make over at least 1,000 of its 1,835 stores by 2020. The program is moving forward in high gear: During the first

Dollar Tree opens its 15,000th store

CHESAPEAKE, Va. — Dollar Tree Inc. recently celebrated a milestone with the opening of its 15,000th store. The opening also featured discounts and promotions at the retailer’s outlets across the United States and in five Canadian provinces. “We are excited to have reached this important milestone in our business, and we continue to see the

Retailers need to see what consumers want

Retailers need to see what consumers want

The past month has seen retailers from Amazon.com to Target Corp. to Kroger Co. launch new online grocery shopping ­initiatives.Which raises the question: Do consumers really want to shop for their food in this way? A recent Gallup poll suggests that they do not. Gallup’s latest Consumption Habits poll found that 81% of U.S. adults

U.S. trade policies a dark cloud on the economic horizon

If a year ago you didn’t believe that U.S. trade policies would drastically change, believe it now. Trade policies affecting mass market retailers and the manufacturers that supply their products are changing and will impact their business — and there’s no clear outcome in sight. There are the indirect effects of steel and aluminum tariffs

Playing field leveled

WASHINGTON — Overturning a 1992 decision, the Supreme Court has ruled that states and local governments can collect sales tax from online sellers that do not have a physical presence in the state. The decision was hailed by several retail industry groups for creating a more level playing field for brick-and-mortar retailers. The court’s ruling

Amazon disrupting Rx with PillPack purchase

SEATTLE — Amazon.com has made its long-awaited entry into the pharmacy industry with the acquisition of PillPack, an online pharmacy that delivers medications in presorted, easy-to-use dose packaging. Citing “a person familiar with the matter,” Bloomberg News estimates that Amazon will pay about $1 billion for the online pharmacy, which bills itself as “a pharmacy

Kroger works to elevate omnichannel offerings

CINCINNATI — Kroger Co. has taken another bold step toward creating a seamless online shopping experience by partnering with Nuro to provide grocery delivery with unmanned vehicles. The two companies will develop a pilot program to be tested in the fall in a market that will soon be announced. The program will be the first

BJ’s stock rises in wake of IPO

WESTBOROUGH, Mass. — BJ’s Wholesale Club Inc. stock closed last month more than 29% higher than its initial public offering price as the wholesaler returned to the public markets after seven years as a private company. The company’s stock closed at $22 a share, above the IPO price of $17 a share. Listed on the

Giant plans e-commerce push

CARLISLE, Pa. — Giant Food Stores expects to launch an e-commerce hub later this year in Lancaster, Pa., that will bolster the grocer’s delivery business while serving as a pickup destination for shoppers who purchase merchandise from the company’s website. The 38,000-square-foot facility will be the fifth such hub in Pennsylvania and will permit Giant