ARLINGTON, Va. — Confronted with a tumultuous business environment, food retailers and their suppliers are investing in more proactive and innovative approaches to shield their businesses from the vagaries of the future. That is one of the major conclusions offered by The Food Retailing Industry Speaks 2023, the annual analysis published by FMI – The
TYLER, Texas — Walgreens will acquire Brookshire Grocery Co.’s (BGC’s) 120 pharmacies in Texas, Louisiana and Arkansas, the companies said last month. The deal includes pharmacy customer prescription files and related pharmacy inventory. Most of the locations are being converted to Walgreens pharmacies that will operate inside BGC’s stores. “We are excited to take this
NEW YORK — In an unprecedented partnership, Chain Drug Review, Drug Store News, The Emerson Group and MMR are joining forces to celebrate the contributions of the National Association of Chain Drug Stores and community pharmacy retailers, as NACDS celebrates its 90th anniversary. The December issues of Chain Drug Review and Drug Store News will
NEW YORK — Amazon.com reported record sales for its Prime Day shopping event that spanned July 11 and July 12. The first day, according to Amazon, marked the highest daily sales yet achieved by the online retailing giant. “The first day of Prime Day was the largest sales day in Amazon’s history, and Prime members
SAN DIEGO — The NACDS Total Store Expo is deservedly one of the most highly anticipated events on the retail industry’s calendar. Whether you’re a retailer, supplier or industry enthusiast, attending TSE offers valuable opportunities to connect, learn and grow. It is a big event, with a lot going on. For exhibitors, the show offers
CINCINNATI — In the year since Kroger Co. introduced paid subscription memberships to accelerate its e-commerce growth, the program saved members more than $115 million, the retailer announced last month. Boost by Kroger Plus was launched in just four of the retailer’s divisions — Cincinnati-Dayton, Columbus, Atlanta and Central (Indianapolis). The two-tiered program offers various
WASHINGTON — Consumers are expected to spend record sums this year on back-to-school and back-to-college shopping, according to the annual survey from the National Retail Federation (NRF) and Prosper Insights & Analytics. BTS spending is expected to reach $41.5 billion, up from $36.9 billion last year and the previous high of $37.1 billion in 2021.
BENTONVILLE, Ark.— With the first day of school approaching, Walmart has been gearing up to ensure this year’s shopping experience for the return to classrooms is what it should be — “affordable, easy and fun.” That’s the message of Julie Barber, executive vice president of general merchandise at Walmart U.S., in a blog on the
WASHINGTON — Longtime No. 1 Walmart retained first place on the National Retail Federation’s annual list of the top retailers, followed by Amazon. The 2023 Top 100 Retailers ranks the industry’s largest companies according to domestic sales. Walmart headed the list — compiled by Kantar — with $499.65 billion in U.S. retail sales in 2022.
SALISBURY, N.C. — Ahold Delhaize USA has appointed John Ruane president of The GIANT Co. “We have been fortunate to have John lead The GIANT Co. as interim president during a time of transition, and we are excited about this next step in his career,” said JJ Fleeman, chief executive officer of Ahold Delhaize USA.
Perhaps the most underrated and underappreciated retail trade event in America today is the exposition about to unfold in San Diego. For those of you who have been living in a fairy tale world in which all good things come eventually to those who sit and wait, the event in question is called Total Store
The nation’s community pharmacy operators are once again being asked to help support the rollout of government programs designed to improve the health of Americans and ease the financial burden of care. Last month, the Biden administration convened a roundtable with industry leaders at the White House to discuss what retail pharmacy can do to