August 20, 2018 by MMR
Dollar Tree
2018, Issue 08-20-2018, Issues
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
August 20, 2018 by MMR
Find Care Now, Walgreens
2018, Issue 08-20-2018, Issues
DEERFIELD, Ill. — Walgreens is rolling out Find Care Now, a digital platform and marketplace designed to connect the company’s millions of mobile and online visitors to health care services at Walgreens stores and to a growing selection of recognized providers in the community. The retailer is working with a current list of 17 participating
August 20, 2018 by Jeffrey Woldt
Albertsons, Jeffrey Woldt, Rite Aid
2018, Issue 08-20-2018, Issues, Opinion
The eleventh-hour collapse of the merger between Albertsons Cos. and Rite Aid Corp. in the face of opposition from the latter’s shareholders raises a host of questions for the two companies and the people who run them. The plug was pulled earlier this month, less than a day before Rite Aid stockholders were to have
August 20, 2018 by Scot Meyer
Consumption Habits poll, online grocery shopping, Scot Meyer
2018, Issue 08-20-2018, Issues, Opinion
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
August 20, 2018 by Jim Singer and Johan Gott
Jim Singer, Johan Gott, NAFTA, North American Free Trade Agreement, U.S. trade policies
2018, Issue 08-20-2018, Issues
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
July 23, 2018 by MMR
Quill Corp. v. North Dakota, Supreme Court
2018, Issue 07-23-2018, Issues
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
July 23, 2018 by MMR
Amazon.com, Bloomberg News, PillPack
2018, Issue 07-23-2018, Issues
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
July 23, 2018 by MMR
Kroger Co., Nuro
2018, Issue 07-23-2018, Issues
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
July 23, 2018 by MMR
Barbara Messing, chief customer officer, Janey Whiteside, Walmart
2018, Issue 07-23-2018, Issues
BENTONVILLE, Ark. — Walmart has recruited two women to fill executive posts, including the newly created position of chief customer officer. That post is going to Janey Whiteside, an American Express Co. veteran who is set to assume her new position on August 1. Whiteside spent more than two decades at American Express, most recently
July 23, 2018 by MMR
BJ's, IPO
2018, Issues
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
July 23, 2018 by MMR
Giant Food, Nicholas Bertram
2018, Issue 07-23-2018, Issues
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
July 23, 2018 by MMR
Rick Gomez, Target Corp., Target Run
2018, Issue 07-23-2018, Issues
MINNEAPOLIS — Last summer Target Corp. introduced its “Target Run” campaign, which highlighted the affordable everyday essentials Target customers can pick up in “one stop, all done” shopping. The effectiveness of that campaign has been incredibly strong, according to executive vice president and chief marketing officer Rick Gomez. Now, Target has expanded its fulfillment options,