PHOENIX — The Food Industry Association (FMI) recognized six luminaries from the food retailing and supplier communities with its 2020 Executive Leadership Awards, presented at the association’s Midwinter Executive Conference here. “The food industry is a people business,” FMI president and chief executive officer Leslie Sarasin said. “In our operations, there are three necessary virtues
PHOENIX — The Food Industry Association (FMI) has appointed its 2020 board of directors, which includes product suppliers and Randy Edeker, chairman, president and chief executive officer of Hy-Vee Inc., as the new term chairman. “Now, under Randy Edeker’s leadership, we will lead with a renewed focus in this expanded food marketplace,” said FMI president
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) along with Tata Consultancy Services (TCS) — an information technology (IT) services, consulting and business solutions organization based in Mumbai that has been partnering with many of the world’s largest businesses in their transformation journeys for the last 50 years — have expanded their strategic partnership to advance
WEST DES MOINES, Iowa — Hy-Vee Inc. has promoted Jay Marshall to the new role of vice chairman, and Darren Baty to the key post of executive vice president and chief merchandising officer. The promotions are among a series of executive moves at the grocery chain, which operates more than 265 retail stores across eight
It skirts the edges of trivia to announce, yet again, that David Glass transformed Walmart as he redrew the parameters of mass retailing in America. Glass, who led Walmart during its halcyon years when it roared to the very pinnacle of the global retailing community, passed away earlier this year at the age of 84.
Retailers and suppliers accustomed to thinking of the United States or Western Europe as the epicenter of innovation should take a moment to consider China, a nation of more than a billion increasingly affluent people who are reshaping the way consumer products are bought and sold. A look at new developments in the dynamic Chinese
Perhaps credit can be given to e-commerce sites such as Amazon or to changing consumer shopping habits, but in either case, limiting retail strategy to traditional, silo category management rules and practices no longer applies. In 2017, Wendy Liebmann, chief executive officer of WSL Strategic Retail, wrote this in her WSL Weekly Highlights publication: “Maintaining
NEW YORK — Walmart U.S. president and chief executive officer John Furner realized early in his career that the work retail employees do is important. “I started in retail working in a garden center at a Walmart store,” Furner recalled at the recent National Retail Federation conference here. “And I quickly realized that this work
BENTONVILLE, Ark. — Walmart is making changes to its executive team after the 2019 holiday season. The retailer announced earlier this month that chief merchant Steve Bratspies is leaving the company. Bratspies has been the company’s chief merchandising officer for more than four years, a key role that oversees product selection and pricing in its
WASHINGTON – Holiday retail sales during 2019 grew 4.1% over the same period in 2018 to $730.2 billion, according to a recent report from the National Retail Federation (NRF). Grocery and beverage stores were up 2.9% year over year. In addition, online and other non-store sales were up 14.6% year over year. “Having spent time with
WOONSOCKET, R.I. — CVS Pharmacy announced earlier this month that president Kevin Hourican is leaving the company to become president and chief executive officer of food service company Sysco Corp. “Retail pharmacy and the role pharmacists play in health care are rapidly evolving, and we’ll continue to lead the way in responding to changing patient
WOONSOCKET, R.I. — CVS Health announced earlier this month the opening of new HealthHUBs in 15 CVS Pharmacy locations in the greater Houston area as well as HealthHUBs in 16 CVS Pharmacy locations serving the Atlanta community. During a ribbon-cutting event at the company’s HealthHUB on Westheimer Road in Houston, the community celebrated the new,