WASHINGTON — Whether they sell through brick-and-mortar stores, online or both, companies that provide unique offerings and experiences for consumers dominate the Hot 100 Retailers released by the National Retail Federation. The list of fastest-growing retailers, compiled by research firm Kantar Retail, is based on sales growth in 2016 and ranks both public and privately
MISSISSAUGA, Ontario — McKesson Canada president Domenic Pilla has announced that Beth Newlands Campbell has been appointed president of the Rexall drug chain. Her experience includes 27 years with Delhaize America and more recent work with Canadian food retailer Sobeys Inc. “The retail pharmacy industry faces many challenges. Competitive dynamics, regulatory pressure and meeting the
ISSAQUAH, Wash. — Jeff Brotman, cofounder of Costco Wholesale Corp. and the company’s chairman, died in his sleep earlier this month at age 74. Brotman helped build Costco into a global retailing powerhouse and was prominent in Puget Sound-area philanthropic and civic circles. “The thoughts of Costco’s board, management and employees are with Jeff’s wife
WOONSOCKET, R.I. — CVS Health and Cleveland Clinic are expanding the clinical affiliation they forged eight years ago to enhance access to and quality of health care for patients in Northeast Ohio and Florida. The partners aim to build on the success of the alliance by introducing new services through CVS Pharmacy and MinuteClinic locales.
WEST DES MOINES, Iowa — Hy-Vee Inc. customers will soon have not only more healthy choices in store aisles but also fewer ingredients to read on product labels. The Midwestern supermarket chain announced changes to select Hy-Vee brand food items last month as part of its Clean Honest Ingredients label initiative. The retailer said it
CHICAGO — The growth in consumer packaged goods is anemic, and marketplace competition is fierce, so winning in this environment requires a keen understanding of consumers’ evolving path to purchase and dynamic marketplace shifts. To get a clear understanding of the rapidly changing CPG marketplace and the latest growth opportunities, IRI took a closer look
The fallout from Amazon.com Inc.’s agreement to acquire Whole Foods Market Inc. is just beginning. But the implications are already clear: This transaction, if completed, will shake up the mass retailing community as nothing has done in years, if not decades. Parallels do not come readily to mind. Walgreen Co.’s merger with Alliance Boots GmbH
The e-commerce blitzkrieg that has transformed the retail landscape in so many merchandise categories has yet to upend the grocery business, but signs are emerging that Web-based merchants involved in the sector are steadily gaining traction. A new report from sales and marketing firm Acosta indicates that, while most people still prefer to shop for
Time is not the friend of traditional fast-moving consumer packaged goods retailers. Category by category, share point by share point, sales of consumer products continue to migrate to digital alternatives or services such as click-and-collect and auto replenishment that actually keep shoppers out of the store. No wonder mass market retail executives are looking for
Food and beverage companies have spent more than a century figuring out exactly where and how to present their products in the store to best appeal to shoppers. Since the first self-service grocery store opened just over a century ago, brands have run experiments, testing new types of displays and locations in the store looking
Item and price have been the keys to retail success for almost a century. Sell high-demand items at a better price than your competition and you were likely to prosper. But, things have changed — permanently. Today values have replaced value as the organizing principle of commerce and society. Millennial and Gen Z shoppers
DEERFIELD, Ill. — Walgreens Boots Alliance Inc. (WBA) announced that it is scrapping its plans to buy Rite Aid Corp. and instead will acquire only a portion of the drug store chain, after the original takeover effort seemed doomed by the Federal Trade Commission. The new agreement replaces a previous merger deal with Rite Aid