February 25, 2019 by MMR
Health Mart, Nimesh Jhaveri
2019, Issue 02-25-2019, Issues
IRVING, Texas — Nimesh Jhaveri has joined the Health Mart family of community pharmacies as president. Jhaveri, who has 30 years of hands-on pharmacy experience, started in his new role on October 31. As president, he is responsible for developing strategies supporting the goals and success of more than 5,000 Health Mart pharmacies. In his
February 25, 2019 by Jeffrey Woldt
Giant Eagle, Giant Eagle Inc., Jeffrey Woldt
2019, Issue 02-25-2019, Issues, Opinion
Giant Eagle Inc. is one of the nation’s premier regional grocers. With 216 Giant Eagle and Market District supermarkets and 258 GetGo convenience stores, the company is a leader in its operating area, which includes western Pennsylvania, where it is headquartered; north central Ohio; northern West Virginia; central Indiana; and Maryland. The stores generate some
February 25, 2019 by Scot Meyer
economy, Hartman Group, Scot Meyer
2019, Issue 02-25-2019, Issues, Opinion
The overall U.S. economy is still strong. But many Americans, including people who have jobs, are still struggling financially. As a recent report from the Hartman Group points out, the fact that large numbers of American consumers are living paycheck to paycheck inevitably affects how and where they shop. The report — “The Business of
January 28, 2019 by MMR
Big Show, National Retail Federation, Target Corp.
2019, Issue 1-28-2019, Issues
NEW YORK — The past year was a good one for the retail industry, and a really good one for Target Corp. Speaking at the National Retail Federation’s recent Big Show convention here, Target chairman and chief executive officer Brian Cornell noted that during the recent holiday season his company posted its best sales in
January 28, 2019 by MMR
Eddie Lampert, Sears Holdings Corp.
2019, Issue 1-28-2019, Issues
CHICAGO — Earlier this month, Sears Holdings Corp. chairman Eddie Lampert was the victor in a bankruptcy auction for the U.S. department store operator with an improved takeover bid of roughly $5.2 billion, allowing the 126-year-old retailer to keep its doors open. Lampert’s bid, upped from an earlier $5 billion offer, prevailed after weeks of
January 28, 2019 by MMR
Chapter 11, Shopko Stores Operating Co.
2019, Issue 1-28-2019, Issues
GREEN BAY, Wis. — Shopko Stores Operating Co. filed for Chapter 11 bankruptcy protection on January 15 and said it would shutter more than 100 stores as part of its reorganization plan. In seeking court protection from creditors, Shopko cited assets of less than $1 billion and liabilities of between $1 billion and $10 billion.
January 28, 2019 by MMR
37th Annual J.P. Morgan Healthcare Conference, Aetna, CVS Health, Larry Merlo
2019, Issue 1-28-2019, Issues
SAN FRANCISCO — While speaking at the 37th Annual J.P. Morgan Healthcare Conference at the Westin St. Francis Hotel here, CVS Health chief executive officer Larry Merlo discussed efforts under way to integrate Aetna into its business. Those efforts include CVS opening the first of a series of concept stores next month in the Houston
January 28, 2019 by MMR
Sprouts Farmers Market
2019, Issue 1-28-2019, Issues
PHOENIX — Sprouts Farmers Market is moving into three new markets — Louisiana, New Jersey and Virginia — with nine new stores slated to open in the second quarter, the company announced earlier this month. Four of the new stores will feature an enhanced layout catering to the latest shopper trends through optimized customer engagement.
January 28, 2019 by MMR
Microsoft, Walgreens Boots Alliance, WBA
2019, Issue 1-28-2019, Issues
DEERFIELD, Ill. — Walgreens Boots Alliance announced it is teaming up with Microsoft to make health care delivery more personal, affordable and accessible for people around the world. The collaboration will combine WBA’s customer reach, convenient locations, outpatient health care services and industry expertise with the Microsoft Azure cloud computing platform and services. “Our strategic
January 28, 2019 by MMR
Consumer View, National Retail Federation
2019, Issue 1-28-2019, Issues
WASHINGTON — With digital shopping on the rise, consumers are increasingly expecting free delivery of items purchased online while at the same time embracing new options such as in-store pickup of those items, according to the latest issue of the Consumer View report released this month by the National Retail Federation. Consumer View is a
January 28, 2019 by Rich Zeldes
CBD gummies, Rich Zeldes
2019, Issue 1-28-2019, Issues
2018 was a pretty big year for CBD; “CBD gummies” reached No. 3 on Google’s most popular search terms. Thanks to a lack of product regulation, coupled with strict advertising restrictions, the marketplace is awash with misleading claims and confusing language, resulting in an interested consumer who may not understand the benefits, the options, or
January 28, 2019 by Jeffrey Woldt
Big Show, Chris Baldwin, National Retail Federation
2019, Issue 1-28-2019, Issues, Opinion
Chris Baldwin kicked off the National Retail Federation’s Big Show in New York City earlier this month by assuring attendees at the event’s first Main Stage presentation that rumors of the industry’s “demise were greatly exaggerated.” The chairman, president and chief executive officer of BJ’s Wholesale Club and current NRF chairman then elaborated on his