NEW YORK — Even as retailers extend their store hours, they are offering consumers more ways to shop without coming into the store at all. Walmart this month is rolling out its new Express Delivery service, which promises to let customers get more items from the store delivered to their doors in less than two
NEW YORK — As testing becomes more important in the battle against COVID-19, retailers are stepping up. For instance, CVS Health has opened more than 50 COVID-19 test sites at selected CVS Pharmacy drive-through locations across Arizona, Connecticut, Florida, Massachusetts and Pennsylvania, with additional sites to come. The new sites will utilize self-swab tests and
ARLINGTON, Va. — The Food Industry Association (FMI) is organizing a new virtual trading partner program that aims to accelerate business recovery as stay-at-home orders are rescinded across the United States. The FMI Midsummer Strategic Executive Exchange kicks off on July 7 with “a compelling keynote” and will run over the course of eight business
Mass market retailers engaged in the fight against the SARS-CoV-2 virus and its devastating human and economic consequences should be ready for a long haul. Despite growing pressure in this country and around the world to end lockdowns and ease social distancing protocols, scientists warn that a headlong rush to the “new normal” could well
As the coronavirus began making headway into the U.S. in early March, CVS announced its acquisition of Schnucks pharmacy. At first blush, this acquisition seems to serve as just another footnote in the pursuit of incremental market share. CVS will acquire 99 in-store pharmacies from regional Midwest grocer Schnucks Markets, thereby increasing CVS’ footprint of
Mass retail sales, by their very nature, are all about large volume and quick turnover. Yet sales of CBD products are typically a far more consultative process. And if one thing was driven home to me during my recent visit to the Planet 13 dispensary in Las Vegas, it’s this: If retailers want to become
NEW YORK — The full force of the coronavirus pandemic slammed the overall economy and the mass market retail industry in March, requiring unprecedented operational responses from chain managements and workers. While the ultimate impact of the outbreak, both on companies and on millions of individuals remains unclear, essential retailers have emerged as perhaps the
NEW YORK — U.S. consumer confidence has tumbled in recent weeks as the coronavirus impact has taken a bigger toll on the economy. Nearly three in five consumers expect the COVID-19 pandemic will last more than three months, according to an analysis by IRI. Consumers are exhibiting “recession-like sentiment,” said the market research firm, which
BENTONVILLE, Ark. — Jody Pinson, one of the most respected faces in mass market beauty retailing, has retired after 30 years at Walmart. Pinson held myriad positions through the years at Walmart, from tagging apparel in a warehouse to participation in the management training program. She was promoted to a buyer role in 1999 and
NEW YORK – In addition to serving their customers by keeping stores open during the coronavirus pandemic, mass retailers are working to support their communities through grants and charitable giving. Walmart and the Walmart Foundation announced a $25 million commitment to strengthen the global public health response, bolster food security and support the needs of
NEW YORK — The COVID-19 pandemic is shaking up the calendar for retail and supplier executives. Last month the National Association of Chain Drug Stores announced that the 2020 Annual Meeting will not be held. The event had been scheduled for April 22 through April 28 in Scottsdale, Ariz. The final decision was made after
CAMP HILL, Pa. — Rite Aid Corp. unveiled a new logo as part of a broader rebranding initiative intended to burnish the retail pharmacy chain’s appeal as a health and wellness destination. The revitalization plan, dubbed RxEvolution, rests on three pillars: becoming the dominant mid-market pharmacy benefits manager, unlocking the full potential of Rite Aid’s