It usually happens when women are in their 40s, but sometimes earlier. Suddenly, a monthly cycle that was predictable becomes erratic. Fluctuating hormones begin to impact aspects of daily life, from sleep to relationships to bladder changes. It’s called perimenopause, and retailers have the opportunity to help redefine how women navigate this phase of life.
What a roller coaster these last several years have been! COVID, historic inflation, supply chain issues and fast-changing customer preferences brought on by these major shifts have fundamentally changed how we work, live, play … and shop. We see three major factors with considerable impact for the retail industry in the coming 18 months, including:
CAMP HILL, Pa. — Andre Persaud, chief retail officer at Rite Aid Corp., left the company earlier this month. Rite Aid provided no details on Persaud’s departure, saying, “We appreciate his years of service to Rite Aid and wish him the best in his next endeavor.” Bill Miller, senior vice president of central retail operations,
GOODLETTSVILLE, Tenn. — Dollar General Corp. turned in another stellar performance in fiscal 2022, reporting double-digit top-line growth that narrowly missed Wall Street’s expectations. Looking ahead to fiscal 2023, management unveiled aggressive growth plans that call for more than 1,000 new store openings. Last year marked a major leadership transition for the nation’s leading small-box
BENTONVILLE, Ark. — Walmart plans to add 28 health centers in 2024, bringing the total number of locations to at least 75 by the end of the year. The expansion will bring the Walmart Health format into two more states — Missouri and Arizona — while deepening its presence in Texas with additional outlets in
NEW YORK — Uncertainty continued to swirl around the legality of dispensing the “abortion pill” mifepristone. The threat to criminalize the drug’s distribution led Walgreens to say it would not dispense the pill in 21 states in which Republican attorneys general have threatened legal action over it. Mifepristone was approved for sale in the U.S.
MINNEAPOLIS — Target Corp. will spend up to $5 billion this year to secure its long-term growth potential. The investment will focus on helping the retailer deliver “affordable joy” to customers and renewing its focus on deal-conscious shoppers, the company said last month during its annual get-together with the financial community in New York. “Investments
NEW YORK — One of the ways consumers are coping with inflation is by purchasing more store brand products. That’s good news for retailers, who are upping the profile and quality of their own brand products to try to ensure that customers who try their products continue to buy them even when the economic climate
CHESAPEAKE, Va. — Dollar Tree Inc. announced plans to accelerate its capital-spending plans following a strong financial performance during the second half of the fiscal year ended January 28. “We are committed to driving further store productivity as we focus on developing our people, tools and technology to fuel our accelerated growth, while simplifying our
LAKELAND, Fla. — Publix reported sales of $15.3 billion for the three-month fiscal quarter ended December 31. That’s an increase of 22% from the $12.6 billion posted in the fourth quarter of 2021, a 13-week quarter. The additional week in the fourth quarter of 2022 increased sales by 8.1%. Comparable-store sales for the period increased
CINCINNATI — Kroger Co. reported solid sales growth for its fourth quarter and fiscal year ended January 28. For the fourth quarter, net sales increased 5.9% to $34.82 billion. Comparable-store sales (excluding fuel) increased 6.2% from a year ago. Fourth quarter sales of its Our Brands merchandise increased 10.1%. Kroger in the quarter celebrated the
MARLBOROUGH, Mass. — BJ’s Wholesale Club wrapped up fiscal 2022 with double-digit top- and bottom-line growth for both the year and the fourth quarter. The strong performance has positioned the company for further aggressive expansion in 2023. The membership warehouse club operator posted a 20.3% leap in full-year net income to $513.2 million on a