March 21, 2016 by MMR
Canada, CVS Health, Target chairman and chief executive officer Brian Cornell, Target Corp.
2016, Issue 03-21-2016, Issues
NEW YORK — Having made a number of dramatic moves in the past year, from winding down its operations in Canada to selling its pharmacy business to CVS Health, Target Corp. is now focused on the elements needed to support ongoing growth. “Our future depends on getting the fundamentals right,” Target chairman and chief executive
March 21, 2016 by MMR
Katz Group, McKesson Corp., Rexall Health, Rexall/Rexall Pharma Plus. Canada
2016, Issue 03-21-2016, Issues
TORONTO — McKesson Corp. announced on March 2 that it would strengthen its position in Canada’s pharmaceutical supply chain by acquiring drug store operator Rexall Health from Katz Group for $3 billion (Canadian). Rexall Health operates 470 Rexall/Rexall Pharma Plus pharmacies in six provinces and one territory. McKesson already owns drug stores in Canada and
March 21, 2016 by MMR
Aldi, Brent Laubaugh, chief executive officer Jason Hart, Chuck Youngstrom, David Behm
2016, Issue 03-21-2016, Issues
BATAVIA, Ill. — In a move aimed at bolstering its leadership team to support its aggressive growth plans, Aldi has promoted Brent Laubaugh to serve as copresident of its U.S. operations, effective March 28. He will join current copresidents David Behm and Chuck Youngstrom, who will continue to serve in those roles. All three will
March 21, 2016 by MMR
Costco Wholesale Corp., Fred’s Inc., Rite Aid Corp.Walgreens Boots Alliance Inc., Thomson Reuters Same Store Sales Index
2016, Issue 03-21-2016, Issues
NEW YORK — The Thomson Reuters Same Store Sales Index is forecasting a 0.5% gain in U.S. same-store sales for February, which represents an improvement from January but would fall short of the 3% growth some analysts consider a benchmark for a flourishing retail sector. Costco Wholesale Corp. said its comparable-store sales in the four
March 21, 2016 by MMR
National Grocers Association, Nielsen
2016, Issue 03-21-2016, Issues
ARLINGTON, Va. — The National Grocers Association released top-line results earlier this month from its consumer trends study, which for the first time segments independent supermarket shoppers from national chain shoppers. The consumer trends study was conducted online by Nielsen on behalf of NGA from December 7 through December 22, 2015, among 1,525 U.S. adults
March 21, 2016 by MMR
antismoking, Be The First, CVS Health, CVS Health Foundation
2016, Issue 03-21-2016, Issues
WOONSOCKET, R.I. — CVS Health has launched a major initiative to stop people from smoking before they start. The chain drug retailer has introduced Be The First, a five-year, $50 million antismoking campaign targeting youth, with a goal of creating the nation’s first tobacco-free generation. Funded through CVS Health and the CVS Health Foundation, the
March 21, 2016 by David Pinto
David Pinto, Kroger, Newark ShopRite, ShopRite, supermarkets
2016, Issue 03-21-2016, Issues, Opinion
Many of the exciting new supermarkets appearing throughout the country these days are not coming from the usual sources. Rather, they’re products of retailers not normally associated with new, different, exciting or groundbreaking. Examples abound. Kroger’s newest supermarkets — like the recently opened stores in Cincinnati — are large superstores with a complete assortment of
March 21, 2016 by Jeffrey Woldt
Be The First, CVS Health, CVS Health Foundation, Jeffrey Woldt
2016, Issue 03-21-2016, Issues, Opinion
Everyone recognizes CVS Health’s importance in the delivery of pharmacy care to Americans. During the past decade, the company not only augmented its already formidable presence in the drug store business but emerged as a major force in the pharmacy benefits management and retail clinic sectors. With the launch earlier this month of an initiative
March 7, 2016 by MMR
National Retail Federation, NRF, retail industry sales
2016, Issue 03-07-2016, Issues
WASHINGTON — The National Retail Federation (NRF) predicts that retail industry sales will increase by 3.1% this year as the U.S. economy continues to strengthen and will provide consumers with greater confidence to spend. The report also predicts that online, mobile and catalog sales will grow between 6% and 9% this year. If the forecast
March 7, 2016 by MMR
Guest Center of Excellence, Gwen Stefani, Kristi Argyilan, senior vice president of media and guest engagement, Target Corp., VentureBeat’s Marketing: FWD Summit
2016, Issue 03-07-2016, Issues, Retail News, Uncategorized
NEW YORK — Retailers are able to collect more and more data about their shoppers, but interpreting that information from the perspective of human needs and emotions is critical, Kristi Argyilan, senior vice president of media and guest engagement at Target Corp., said recently. Argyilan spoke at VentureBeat’s Marketing: FWD Summit, in a session called
March 7, 2016 by MMR
Aldi, Southern California
2016, Issue 03-07-2016, Issues
BATAVIA, Ill. — Aldi’s highly anticipated foray into Southern California has a launch date: Grand openings for its first eight stores in the region are set for March 24. By year’s end, Aldi expects to have 45 stores in the region. The expansion is an integral part of Aldi’s five-year plan to open 650 stores
March 7, 2016 by MMR
American Customer Satisfaction Index LLC, Wegman’s Food Markets Inc.
2016, Issue 03-07-2016, Issues, Retail News, Topics
ANN ARBOR, Mich. — Consumer satisfaction with the retail experience declined for the second consecutive year in 2015, according to American Customer Satisfaction Index LLC (ACSI). The management consulting company maintains a barometer called the American Customer Satisfaction Index, measuring customer satisfaction on a 100-point scale, with 100 as the highest possible score. Last year’s