December 18, 2023 by MMR
Dollar General, Jeff Mooney, Jeff Rudy, Macedonio Garza, Scott Kear, Todd Vasos
2023, Issue 12-18-2023
GOODLETTSVILLE, Tenn. — Dollar General Corp. posted mixed financial results for its third quarter, with profits falling while sales topped expectations on the strength of increased customer traffic and the opening of new stores. The company, which is once again being led by chief executive officer Todd Vasos, also announced leadership changes, including two returning
December 18, 2023 by MMR
holiday, National Retail Federation, NRF, shopping online
2023, Issue 12-18-2023
WASHINGTON — More than 200 million consumers were in stores or shopping online between Thanksgiving Day and Cyber Monday, according to the National Retail Federation (NRF), citing the record turnout in reiterating its forecast of spending growth in the range of 3% to 4% over the final two months of the year. “We had a
December 18, 2023 by MMR
&more platform, Kroger Health, Soda Health Inc.
2023, Issue 12-18-2023
CINCINNATI — Kroger Health and Soda Health Inc. have launched a smart benefits program combining the former’s services with the latter’s &more platform. The program allows participating Medicare Advantage, Medicaid and employer benefits program recipients to receive certain pharmacy, nutrition services and other eligible benefits at Kroger pharmacies, in addition to purchasing eligible food and
December 18, 2023 by MMR
CVS CostVantage, CVS Health, CVS Healthspire, Investor Day, pharmacy reimbursement, TrueCost
2023, Issue 12-18-2023
WOONSOCKET, R.I. — CVS Health introduced a new pharmacy reimbursement model, rebranded its Health Services segment and showcased continued growth opportunities at its annual Investor Day. “We are successfully executing on our strategy to advance the future of health care while unlocking new value for consumers,” said president and chief executive officer Karen Lynch. “The
December 18, 2023 by MMR
H-E-B, Joe V’s Smart Shop, Katy, Texas
2023, Issue 12-18-2023
SAN ANTONIO — H-E-B this month opened its 10th Joe V’s Smart Shop store in the Houston area. The 55,000-square-foot store, located in the Houston suburb of Katy, Texas, is delivering the kind of high-quality, fresh products H-E-B is known for at even lower prices, with an assortment that’s curated for the community, according to
December 18, 2023 by MMR
Cleveland, Fairfax Market, Meijer, Ohio
2023, Issue 12-18-2023
GRAND RAPIDS, Mich. — Meijer Inc. is preparing for the January 16 opening of Fairfax Market in Cleveland, Ohio, a 40,000-square-foot store that will be Meijer’s fifth smaller-format neighborhood market and its first outside of its home state of Michigan. Fairfax Market will occupy space in a mixed-use neighborhood revitalization project being developed in partnership
December 18, 2023 by MMR
Dollar Tree, third quarter
2023, Issue 12-18-2023
CHESAPEAKE, Va. — Dollar Tree Inc. reported third quarter financial results that were in line with expectations and reflect continued execution across all lines of its business transformation. “In a challenging retail environment where the accumulating pressures of inflation, reduced government benefits and depleted savings have negatively affected lower-income consumers, our top-line performance outpaced most
December 18, 2023 by MMR
2023 Gold Plate Awards recipients, FMI Foundation
2023, Issue 12-18-2023
ARLINGTON, Va. — The FMI Foundation announced the 2023 Gold Plate Awards recipients last month during a live-streamed ceremony, highlighting outstanding family meal programs implemented by the food industry and community organizations. Recipients include programs that embrace the nature of family meals from such organizations as the Foundation for Fresh Produce, Skogen’s Festival Foods, K-VA-T
December 18, 2023 by Scot Meyer
consumers, Euromonitor International’s “Top Global Consumer Trends 2024” report, Scot Meyer
2023, Issue 12-18-2023
What do consumers want? There’s no one answer, because there’s more than one consumer, and even if there were one answer it would always be changing. But Euromonitor International’s “Top Global Consumer Trends 2024” report suggests six key attitudes retailers and suppliers should pay attention to if they want to connect with consumers in the
December 18, 2023 by Jeffrey Woldt
CVS Health, Jeffrey Woldt, Karen Lynch
2023, Issue 12-18-2023, Opinion
CVS Health is once again a catalyst for positive change. Appearing at the company’s investor day earlier this month, CEO Karen Lynch and other members of senior management unveiled initiatives intended to accelerate the shift toward integrated care and transform the pharmacy reimbursement model. One of the projects involves the creation of a new brand
December 18, 2023 by David Pinto
Costco, Craig Jelinek, David Pinto
2023, Issue 12-18-2023, Opinion
Unlike most mass retailers, whose gyrations, machinations, new directions, false starts and management changes routinely make news, you seldom read or hear about Costco, the legendary “club” retailer. Indeed, the only time the Seattle-based retailer makes news is in announcing quarterly earnings reports, new clubs, new markets and the occasional management change. Among the recent
December 18, 2023 by Jason Reiser
agile, go-to-market, GTM, Jason Reiser
2023, Issue 12-18-2023, Opinion
Have we taken agile too far? HBR (Harvard Business Review) first asked that question. I ask it again, knowing we all must be agile to thrive and survive in today’s omnicommerce marketplace. The concern? That agility too often equates to a short-term sprint in planning — especially when it comes to innovation launches. No time