NEW YORK — From Albertsons Cos. to Walgreens, retailers are expressing solidarity with Americans protesting the police killing of George Floyd. Retailers large and small have vowed to combat racism and discrimination within their organizations. Some also are lending support to advocates of systemic reform. Walmart and the Walmart Foundation are committing $100 million over
WASHINGTON — While the reopening of businesses shut down by the coronavirus pandemic is a significant step forward, it is too soon to say how quickly or smoothly the nation’s economy will recover, according to National Retail Federation (NRF) chief economist Jack Kleinhenz. “Is it possible the worst of the coronavirus pandemic is behind us?
NEW YORK — Ahold Delhaize USA has made two recent moves on the expansion front. Salisbury, N.C.-based Food Lion has agreed to buy 62 BI-LO/Harveys Supermarket stores in North Carolina, South Carolina and Georgia from Southeastern Grocers. Financial terms of the deal were not disclosed. The acquisition follows Food Lion’s purchase of four BI-LO stores
WOONSOCKET, R.I. — Looking to add more healthier options to its lineup, CVS Pharmacy has introduced more than 80 new products under the Live Better by CVS Health brand. The retailer also committed to ensuring all packaging in the expanded health and wellness brand be at least 80% recyclable. The assortment will span nine categories
WASHINGTON — During a recent meeting at the White House with President Trump, Kroger Co. chief executive officer Rodney McMullen shared his company’s vision for safely reopening the country’s businesses. McMullen was one of eight business leaders who participated in the Opening Up America Again event that was held in the White House State Dining
ARLINGTON, Va. — The Food Industry Association (FMI) and The Hartman Group were in the midst of preparing their annual report on trends in grocery shopping when the coronavirus pandemic hit the United States. The “before” and “after” impacts illustrate the role the pandemic has played in accelerating the adoption of online food shopping, according
NEW YORK — The retail sector will see the pace of store closures pick up this year, thanks to the lingering effects of the COVID-19 pandemic. That’s the prediction from the “2020 US Store Closures Outlook” report released earlier this month by Coresight Research. The report updates Coresight Research’s previous estimate to reflect the impact
BENTONVILLE, Ark. — Sam’s Club recently announced the nationwide launch of curbside pickup. The service — a contact-free, order online and delivery to car shopping experience — will be free for Plus-level members and is expected to be available in all clubs by the end of the month. Curbside pickup is part of a list
QUINCY, Mass. — Ira Kress has been appointed president of Ahold Delhaize USA’s Giant Food unit. He had been serving as interim president since July 2019. “Ira has been a dedicated leader for Giant Food for 36 years, and we are proud to appoint him to this role,” Ahold Delhaize USA president Kevin Holt said.
To loosely quote a memorable Martin Luther King passage: “We face some difficult days ahead.” Perhaps no words more accurately capture the current situation facing the nation’s mass retailers. The notification, hardly surprising given the current state of the industry, that the National Association of Chain Drug Stores has been forced to cancel its annual
Outrage over the killing of George Floyd while members of the Minneapolis Police Department were taking him into custody extends to corporate America. The CEOs of Target, Kroger, Albertsons Cos., Hy-Vee, CVS Health and Walgreens Boots Alliance, along with other retail executives and their counterparts in a variety of industries, have condemned the incident, called
Retailers are understandably wondering what consumer behavior will look like as the economy opens up again. Will people venture back to stores and restaurants, or will they still be afraid that they could be exposed to the novel coronavirus? Will those who have tried online shopping for the first time during the early days of