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Retail sales in January show strong gains

Retail sales in January show strong gains

WASHINGTON – Retail sales started strong in 2024, according to figures released Monday by the National Retail Federation. Sales in January nearly matched December’s holiday spending and rose significantly year over year, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions. “January sales continued the strong performance of retail sales in December, which is

FMI honors seven exemplary food industry leaders

FMI honors seven exemplary food industry leaders

MARCO ISLAND, Fla. – FMI — The Food Industry Association on Friday presented its 2024 Executive Leadership Awards to seven executives who “exemplify excellence in the food industry through innovative leadership, community outreach, and stellar customer service.” The 2024 awards, presented at FMI’s Midwinter Executive Conference, went to: Brookshire’s Brad Brookshire; KeHe Distributors’ Brandon Barnholt;

Dollar General launches home fragrance line

Dollar General launches home fragrance line

GOODLETTSVILLE, Tenn. — Dollar General has launched a new home fragrance line called Club92 with scented candles, wax melts and reed diffusers. The line was created exclusively for DG by Slatkin + Co., which specializes in home fragrance. This curated collection of scents was designed to speak directly to the Dollar General customer’s unique home

Dollar Tree/Family Dollar in NASCAR sponsorship

Dollar Tree/Family Dollar in NASCAR sponsorship

CHESAPEAKE, Va. — Dollar Tree has signed a multi-year sponsorship agreement for races in the NASCAR Cup Series. The Dollar Tree and Family Dollar brands will be present in all 38 races of the 2024 NASCAR season, including select races with No. 42 driver John Hunter Nemechek, No. 43 driver Erik Jones and No. 84

Albertsons delivers strong revenue gains in Q3

Albertsons delivers strong revenue gains in Q3

Boise, Idaho – Albertsons Companies Inc. posted solid sales gains for the third quarter of fiscal 2023, shining a positive light on the grocer’s strategy as it waits for a green light on its planned merger with Kroger Co. Third quarter fiscal 2023 highlights included: Growth in Identical Sales. Albertsons witnessed a 2.9% increase in

CES 2024 showcases the latest tech innovations

CES 2024 showcases the latest tech innovations

LAS VEGAS — CES 2024 kicked off with a high-profile series of keynote addresses, including one from Walmart CEO Doug McMillon, that positioned the event as the the venue to set the agenda for the year ahead in technology, business, and entertainment. The event welcomed more than 4000 exhibiting companies from across the globe to share

NACDS unveils new spot on PBM reform

NACDS unveils new spot on PBM reform

ARLINGTON, Va. – A new television ad from NACDS urges Congress to enact bipartisan pharmacy benefit manager (PBM) reforms that it has advanced in this legislative session. NACDS is warning against squandering the chance to protect Americans’ access to the pharmacies and pharmacists they trust and rely upon. In “Get It Done,” NACDS president and

Wakefern announces own brands snack summit

Wakefern announces own brands snack summit

KEASBEY, NJ – Wakefern Food Corp. says it is seeking new and delicious items for its Own Brands snack portfolio. Wakefern — the nation’s largest retailer-owned cooperative, with member companies that own and operate supermarkets under the ShopRite, Price Rite Marketplace, The Fresh Grocer, Dearborn Market, Gourmet Garage and Fairway Market banners — today announced

Dollar General names Deckard to expanded role

Dollar General names Deckard to expanded role

GOODLETTSVILLE, Tenn. — Dollar General Corp. executive vice president of store operations Steve Sunderland plans to leave the company effective January 19, the company said. Steve Deckard, the company’s current executive vice president for growth and emerging markets, will transition to an expanded role leading store operations across Dollar General retail locations, Mi Súper Dollar

Hurst joins Walmart GoLocal as vice president

Hurst joins Walmart GoLocal as vice president

BENTONVILLE, Ark. — Walmart today announced the hiring of Rina Hurst as vice president of Walmart GoLocal, the retailer’s delivery-as-a-service platform. Hurst joins Walmart from Shipt, where she served as chief business officer. Hurst assumes responsibility for the strategic direction, operations and general management of Walmart GoLocal as it serves retailers of all sizes in

NRF economist says U.S. economy still shows resilience

NRF economist says U.S. economy still shows resilience

WASHINGTON – The U.S. economy is continuing to grow even as labor disputes across the country and uncertainty created by Congress add to the ongoing challenges of inflation and high interest rates, NRF Chief Economist Jack Kleinhenz said today. ”As Gilda Radner used to say on Saturday Night Live, ‘If it’s not one thing, it’s

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