DEERFIELD, Ill. — Roz Brewer has stepped down as chief executive officer at Walgreens Boots Alliance. She took the job in March 2021, becoming the first African-American and the first woman to lead the chain drug retailer. Brewer also vacated her seat on the WBA board. The company said her sudden departure was mutually agreed
GOODLETTSVILLE, Tenn. — Dollar General Corp. has named Rod West executive vice president of global supply chain. The promotion gives West responsibility for the company’s distribution center operations, transportation, supply chain modernization and private fleet. An 18-year veteran with Dollar General, West had been serving as senior vice president of distribution. He has nearly three
SAN DIEGO — During last month’s NACDS Total Store Expo retailers and suppliers converged at the San Diego Convention Center to connect, collaborate and foster strategic business partnerships that will help drive the future of the industry. The theme at this year’s show was a “total store, total person” approach to health and wellness, marking
BENTONVILLE, Ark. — Walmart last month announced executive-level changes at its Walmart International and Sam’s Club U.S. units, including the retirement of Judith McKenna after 27 years with the company, most recently as president and chief executive at Walmart International. McKenna will tradition out of the company by year-end. She will be succeeded by Kath
PITTSBURGH — Giant Eagle Inc. has named Bill Artman chief executive officer, a transition that got underway in March when he was named CEO on an interim basis following the departure of Laura Karet. “Bill already has made a tremendous impact in his interim role, giving the board confidence that he is the right leader
BATAVIA, Ill. — Aldi announced that it is “doubling down” on its U.S. expansion plans with a deal to acquire Winn-Dixie and Harveys Supermarket locations from Southeastern Grocers, as the Jacksonville, Fla.-based retailer continues to divest supermarket assets. The deal includes some 400 Winn-Dixie and Harveys Supermarket outlets across Alabama, Florida, Georgia, Louisiana and Mississippi,
GOODLETTSVILLE, Tenn. — Although Dollar General Corp.’s net sales grew nearly 4% during the second quarter of fiscal 2023, soft sales in higher-margin nonconsumable categories, coupled with escalating merchandise shrink, hammered both operating profit and the bottom line. Management consequently lowered its full-year outlook for sales growth and earnings, but maintained its projected capital expenditure
CHESAPEAKE, Va. — Dollar Tree Inc. surpassed Wall Street’s expectations for both the top and bottom lines in the second quarter of fiscal 2023. In response, management has raised its full-year sales outlook and tightened its earnings per share projection. “At our June Investor Conference we shared the details of our strategy to transform the
SAN DIEGO — For many suppliers at the National Association of Chain Drug Stores’ recent Total Store Expo here, one of the most critical opportunities to connect with retail buyers happens before the show floor even opens. The Meet the Market program has emerged as a particularly vital platform for helping retailers and suppliers connect,
SAN DIEGO — While the National Association of Chain Drug Stores’ Total Store Expo is widely celebrated for its innovation, networking opportunities and industry insights, there’s a group of unsung heroes who work tirelessly behind the scenes to ensure its success. Jim Whitman, head of NACDS’ member programs and services department, notes that on one
A recent article in The New Yorker gave vivid detail to something retailers are all too aware of — consumer norms about returning the products they buy have gotten seriously crazy. The article starts with an anecdote about a friend of the author who ordered six new dresses for an upcoming wedding, planning to send
Those of you who are even marginally committed to mass retailing in America (and elsewhere) would be wise to circle the date of December 13, 2023, on your calendar. On that date, a Thursday in mid-December, several industry icons (including the editors of Chain Drug Review) will gather at the Ziegfeld Theater in New York