COLORADO SPRINGS, Colo. — A resource to help retailers, wholesalers and suppliers track and understand marketplace data was unveiled this month by Global Market Development Center (GMDC), a trade group serving members in the general merchandise (GM) and health, beauty and wellness (HBW) segments. A resource to help retailers, wholesalers and suppliers track and understand
WEST DES MOINES, Iowa — Hy-Vee Inc. is planning to open at least two stores in the Twin Cities of Minneapolis and St. Paul as part of its big expansion plans in southern Minnesota. Hy-Vee Inc. is planning to open at least two stores in the Twin Cities of Minneapolis and St. Paul as part
JACKSONVILLE, Fla. — Bi-Lo Holdings LLC has received Federal Trade Commission approval for the acquisition of three southeastern supermarket banners from Delhaize Group — but it will have to divest 12 stores in Florida, Georgia and South Carolina. Bi-Lo Holdings LLC has received Federal Trade Commission approval for the acquisition of three southeastern supermarket banners
NEW YORK — Severe weather that hammered retail sales in January has continued to pound much of the eastern United States during February, putting a chill on hopes for a quick rebound. Severe weather that hammered retail sales in January has continued to pound much of the eastern United States during February, putting a chill
WASHINGTON — Retail sales in the United States will increase by 4.1% in 2014, up from last year’s preliminary rise of 3.7%, the National Retail Federation (NRF) said in an economic forecast. Online sales are predicted to grow by between 9% and 12%. Retail sales in the United States will increase by 4.1% in 2014,
WOONSOCKET, R.I. — CVS Caremark Corp. will end the sale of cigarettes and other tobacco products through its CVS/pharmacy outlets nationwide by October 1. CVS Caremark Corp. will end the sale of cigarettes and other tobacco products through its CVS/pharmacy outlets nationwide by October 1. The action, which has set off reverberations beyond the retail
SUNBURY, Pa. — Weis Markets Inc. has named interim chief executive officer Jonathan Weis as the company’s president and CEO. Weis Markets Inc. has named interim chief executive officer Jonathan Weis as the company’s president and CEO. In addition, the 46-year-old Weis will remain vice chairman. As the company’s top executive, Weis will oversee all
CAMP HILL, Pa. — Rite Aid Corp. has expanded its distribution contract with McKesson Corp. to include generic drugs. The agreement, announced February 18, also extends the contract through March 2019. Rite Aid Corp. has expanded its distribution contract with McKesson Corp. to include generic drugs. The agreement, announced February 18, also extends the contract
STELLARTON, Nova Scotia — Sobeys Inc. said it has signed deals worth about $430 million to sell 30 grocery stores in western Canada to satisfy regulatory conditions attached to its purchase last year of Canada Safeway. Sobeys Inc. said it has signed deals worth about $430 million to sell 30 grocery stores in western Canada
HOFFMAN ESTATES, Ill. — Sears Holdings Corp. has named Mark Panzer president of pharmacy with responsibility for Kmart’s in-store and online prescription business. Panzer, 57, had been president and chief executive officer of 24-unit Pharmaca Integrative Pharmacy. Sears Holdings Corp. has named Mark Panzer president of pharmacy with responsibility for Kmart’s in-store and online prescription
EDEN PRAIRIE, Minn. — Wholesale grocery distributor Supervalu Inc. is consolidating its trade shows into a single exposition, set for next summer in St. Paul, Minn. Wholesale grocery distributor Supervalu Inc. is consolidating its trade shows into a single exposition, set for next summer in St. Paul, Minn. Dubbed Sales 4 All Seasons, Supervalu’s first
NEW YORK — The day before Doug McMillon took the reins as chief executive officer at Walmart, the company highlighted some of the challenges he will face, by lowering its sales and earnings projections for the fourth quarter of its 2014 fiscal year. The day before Doug McMillon took the reins as chief executive officer