CHICAGO — Consumers have drastically changed their approach to shopping over the past decade. They combine online and offline planning with in-store visits to make more informed and cost-effective purchasing decisions. Consumers have drastically changed their approach to shopping over the past decade. They combine online and offline planning with in-store visits to make more
After an extended period of inertia fueled by a false sense of invulnerability and a misplaced emphasis on the endurance of traditional approaches to food retailing, America’s grocery retailers have begun to revive the creative approach to business that once made them the darlings of the U.S. retailing community. After an extended period of inertia
Recent events reinforce the commitment by the top two American drug chains to participate in the ongoing globalization of mass market retailing. Recent events reinforce the commitment by the top two American drug chains to participate in the ongoing globalization of mass market retailing. After pondering its international options for several years, CVS Caremark entered
WASHINGTON — The year ahead will offer modest sales gains for the retail industry, a recent forecast suggests. The year ahead will offer modest sales gains for the retail industry, a recent forecast suggests. Sales at stores — including supermarkets, specialty stores, discounters and department stores — will increase 3.4% this year, according to the
CARLISLE, Pa. — Ahold USA has named Mark McGowan executive vice president of merchandising and appointed Jan van Dam executive vice president of supply chain and e-commerce. Both men report to chief operating officer James McCann. Ahold USA has named Mark McGowan executive vice president of merchandising and appointed Jan van Dam executive vice president
CITY OF COMMERCE, Calif. — The senior management of 99¢ Only Stores has been replaced, and Richard Anicetti, former president and chief executive officer of Food Lion LLC, has been named interim CEO. The senior management of 99¢ Only Stores has been replaced, and Richard Anicetti, former president and chief executive officer of Food Lion
DEERFIELD, Ill. — Walgreen Co. senior vice president Joe Magnacca has been promoted to executive vice president. Walgreen Co. senior vice president Joe Magnacca has been promoted to executive vice president. The move, which became effective at the start of February, will see Magnacca continue as the drug chain’s president of daily living products and
FORT LAUDERDALE, Fla. — Action and engagement were the major themes at the National Association of Chain Drug Stores Regional Chain Conference here earlier this month. Action and engagement were the major themes at the National Association of Chain Drug Stores Regional Chain Conference here earlier this month. NACDS chairman Greg Wasson, president and chief
WOONSOCKET, R.I. — CVS/pharmacy has launched ExtraCare Pharmacy & Health Rewards, the latest evolution of the company’s loyalty program. CVS/pharmacy has launched ExtraCare Pharmacy & Health Rewards, the latest evolution of the company’s loyalty program. The program enhances ExtraCare so that members have more ways to earn bigger, more frequent rewards when filling prescriptions or
GREEN BAY, Wis. — Shopko Stores Operating Co. has completed the conversion of 163 Pamida discount stores to its Shopko Hometown format. Shopko Stores Operating Co. has completed the conversion of 163 Pamida discount stores to its Shopko Hometown format. The decision to convert the Pamida outlets had been announced in January 2012, and the
The most recent example of the impact Duncan Mac Naughton, Walmart’s chief merchandising officer, continues to exert on America’s largest retailer came last month with the announcement of several changes within the retailer’s merchandising organization. The most recent example of the impact Duncan Mac Naughton, Walmart’s chief merchandising officer, continues to exert on America’s largest