Target and CVS' Larry Merlo among those feted
NEW YORK — Mass Market Retailers presented its 2018 Retailer of the Year awards Wednesday night in New York City. The event drew retailer and supplier executives from across the food, drug and mass channels.
Target Corp. was honored as MMR‘s 2018 Retailer of the Year. The award was given in recognition of the work the retailer is doing to reinvent its business. The company is in the midst of a multiyear, multibillion-dollar investment agenda to grow sales faster, gain market share and adapt to changing consumer tastes and shopping preferences. Target’s recent financial results show that the efforts have been paying off.
Dollar General’s Jeff Owen was named MMR’s Retail Operations Executive of the Year for 2018. Owen’s efforts, including revamping the business center of every Dollar General store, have contributed to the company’s continued growth and financial success.
Albertsons Cos. executive vice president of retail operation special projects and president Acme president Jim Perkins was on hand to accept MMR’s award on behalf of Bob Miller, Albertsons’ chairman emeritus. Miller was recognized for his life work, which began nearly six decades ago when he took a job sorting bottles at an All-American Grocers store while still in high school. Miller went on to hold leadership positions at seveneral top-tier retailers, including Albertson’s Inc., Fred Meyer Inc., Kroger Co. and Rite Aid, before taking Albertsons Cos. from a private equity-backed startup in 2006 and making it into the second-largest supermarket operator in the United States.
The event also honored the executives recognized by MMR’s sister publication, Chain Drug Review. Those executives are:
- Larry Merlo, president and chief executive officer at CVS Health, was honored as CDR’s Health Care Executive of the Year.
- Joe Hartsig, senior vice president and chief merchandising officer at Walgreens, was honored as CDR’s Merchant of the Year.
- Bartell Drug was honored with CDR’s Regional Chain of the Year award.