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Issue 3-23-2020

Pandemic hits retail on multiple fronts

NEW YORK — The coronavirus pandemic is disrupting the retail industry on multiple fronts. As the disease began to spread in the United States and globally earlier this month, retailers had to deal with interrupted supply chains, sick employees, empty shelves and the possibility that consumer spending in retail stores will plummet as containment efforts

Dollar General to add 1,000 stores

GOODLETTSVILLE, Tenn. — Dollar General Corp. expects to execute about 2,600 real estate projects this year, a 20% increase from the fiscal year that ended in February. Projects include 1,000 new store openings, as well as 1,500 mature store remodels and 80 store relocations. “Our proven high-return, low-risk model for real estate growth continues to

Publix unveils membership plan

LAKELAND, Fla. — Publix Super Markets Inc. has launched its first personalized membership program, Club Publix. The program bundles a number of digital features, including early notifications of sales, the ability to pay with a scan of the Publix app, and the option to receive ­e-receipts. Club Publix members also get exclusive perks and access

Target budgets $3 billion for capital projects

MINNEAPOLIS — Target Corp. is budgeting more than $3 billion in 2020 to maintain its recent pace of about 300 store remodels a year and to fund initiatives that include adding automation to its supply chain, diversifying its private label assortment and expanding its store pickup capabilities to include fresh groceries and alcoholic beverages. Target

Rebranding of FMI goes beyond modernizing its image

ARLINGTON, Va. — Leslie Sarasin, president and chief executive officer of FMI — the Food Industry Association, is intent on ensuring that the group’s recent name change signifies more than an update of its image. Formerly the Food Marketing Institute, the newly rechristened association represents an industry far more diverse and complex than it was

Albertsons files for public offering

BOISE, Idaho — Albertsons Cos. announced earlier this month that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission for a proposed initial public offering consisting of common stock to be sold by certain of its stockholders and the issuance by the company of Series A mandatory convertible preferred

Hy-Vee to transition restaurants

WEST DES MOINES, Iowa — Hy-Vee Inc. announced that it will be closing its Market Grille restaurants and will transition them into Wahlburgers restaurants by early summer. The retailer operates Market Grilles in five states: Minnesota (nine locations), Iowa (six), Illinois (three), Missouri (two) and Nebraska (one). All of the restaurants are within or next

Virus advice: follow directions

The coronavirus has become, in very short order, the compelling story of the year, a year in which the upcoming presidential election until recently threatened or promised to drown out every other story. Simply put, America, and the rest of the world, doesn’t know how to respond, or indeed if any response is either adequate

Walmart.com changes offer new routes for CPG brands

For the U.S. consumer packaged goods industry, e-commerce is a three-horse race between Walmart.com, Amazon and direct to consumer (DTC). Despite its massive audience and its potential to drive domestic sales, Walmart.com has remained a distant third for marketers looking to grow their e-commerce revenue. This is all about to change. When it comes to

A Chinese worker dreams of returning to the office

A Chinese worker dreams of returning to the office

Editor’s note: This is the first in a series of articles about how the COVID-19 epidemic is impacting people’s lives and business operations in China, the world’s second-largest economy. Future articles, which will be coauthored by Ed Rowland and Alice Wang, will bring to life the challenges of coping with this epidemic. It’s one thing