October 12, 2020 by MMR
holidays, Target, Walmart
2020, Issue 10-12-2020, Issues
NEW YORK — Although the outlook for holiday retail sales is still somewhat uncertain, the nation’s two largest discount retailers, Walmart and Target Corp., are already gearing up aggressively to launch their seasonal campaigns well ahead of the normal holiday time frame. While early evidence suggests a continued economic rebound in the third quarter, lingering
October 12, 2020 by MMR
Asda, Walmart
2020, Issue 10-12-2020, Issues
LONDON — Walmart has reached a deal to sell Asda, the British retailer it acquired in 1999, for an enterprise value of £6.8 billion (about $8.8 billion). The purchasers are the Issa brothers, founders and co-chief executive officers of the EG Group, a global convenience store retailer based in Blackburn, U.K., and investment funds managed
October 12, 2020 by MMR
Dollar General, Emily Taylor, Jason Reiser
2010, 2020, Issue 10-12-2020
GOODLETTSVILLE, Tenn. — Dollar General Corp. has appointed Emily Taylor executive vice president and chief merchandising officer, succeeding Jason Reiser, who has left the company. Taylor, who has worked at Dollar General for more than 20 years, most recently served as senior vice president of channel innovation. “We are confident that Emily’s strategic vision and
October 12, 2020 by MMR
Ahold Delhaize USA
2010, 2020, Issue 10-12-2020
QUINCY, Mass. — Ahold Delhaize USA is moving forward on its three-year, $480 million initiative to transition its supply chain to an integrated, self-distribution model. Chris Lewis, executive vice president of supply chain for Ahold Delhaize USA’s Retail Business Services segment, recently informed suppliers by letter that the company has targeted six distribution centers to
October 12, 2020 by MMR
redesign, Walmart
2020, Issue 10-12-2020, Issues
BENTONVILLE, Ark. — Walmart is underlining its commitments to omnichannel retailing and to American health care with a new Supercenter design and expansion plans for its Walmart Health concept. The sleek new Supercenter design, which has been tested in a few locations, will be rolled out to more stores this fall and will be in
October 12, 2020 by MMR
Rite Aid, second quarter
2020, Issue 10-12-2020, Issues
CAMP HILL, Pa. — Rite Aid’s second quarter sales and earnings beat Wall Street’s projections. Adjusted earnings per share of 25 cents topped analysts’ forecast of a 1-cent loss. Revenue for the period ended August 29 climbed 11.5% to $5.98 billion, driven by store and pharmacy benefit manager gains, and bettering the forecast $5.75 billion.
October 12, 2020 by MMR
Roslyn Chapman, WE, women
2010, 2020, Issue 10-12-2020
NEW YORK — The role of advocates in championing women and amplifying female voices within the consumer packaged goods industry was the theme of a recent panel convened virtually by WE, a professional organization dedicated to empowering women to advance wellness. “Our goal is to expand women’s voices and roles in the industry. We create
October 12, 2020 by MMR
Lori Flees, Video Forum
2010, 2020, Issue 10-12-2020
BENTONVILLE, Ark. — Before being named to her current position as senior vice president and chief operating officer of Walmart Health and Wellness, Lori Flees spent more than two years as senior vice president and general merchandising manager of Health and Wellness at Sam’s Club. In a recent conversation with Mass Market Retailers editor-in-chief Jeffrey
October 12, 2020 by David Pinto
Andrea Fallin, Annie Walker, David Pinto, WE
2020, Issue 10-12-2020, Issues
This is a story about a three-year-old group founded by several women business executives in 2017 to nurture talent and further the careers of women in the health care industry. The name of the group is WE, and among its founders is Andrea Fallin, a senior sales executive at Racher Press, publisher of MMR and
October 12, 2020 by Jeffrey Woldt
fourth quarter, Jeffrey Woldt
2020, Issue 10-12-2020, Issues
The fourth quarter of the calendar year, always a pivotal time for retailers, is in 2020 shaping up as a make-or-break period. Rocked by the COVID-19 pandemic and subsequent measures to limit the virus’ spread, many retailers have seen business fundamentals, already shaken by e-commerce and changing consumer behavior, further undermined. A new report by
October 12, 2020 by Scot Meyer
Halloween, retailers, Scot Meyer
2020, Issue 10-12-2020, Issues
The nightmare is that Halloween will prove scarier than usual this year, for retailers at least. Will the threat of a second wave of COVID-19 infections frighten away trick-or-treaters? If so, that could hurt sales of candy, of course, but also of costumes and home decorations. Especially if Halloween parties are another casualty of the
October 12, 2020 by Megan Moyer
Megan Moyer, self-care
2020, Issue 10-12-2020, Issues
Finding ways to connect with your shoppers and draw in new consumers is an ongoing effort that needs constant reevaluation based on market conditions, the evolution of shopping behaviors, trends and the economy. One trend that continues to shape retailers’ strategies is the self-care movement. As consumers take more responsibility and control of their own