BOISE, Idaho — Albertsons Cos. has named Omer Gajial as its new senior vice president of pharmacy and health, according the the retailer’s LinkedIn page. He previously held positions at Amazon and PepsiCo. Gajial replaces Mark Panzer, who left his role as senior vice president of pharmacy, health and wellness in August. A former chairman
SEATTLE — Amazon has introduced Climate Pledge Friendly, an initiative designed to make it easier for customers to discover and shop for more sustainable products. With this new program, customers will now see the Climate Pledge Friendly label when searching for more than 25,000 products to signify that the products have one or more of
Once upon a time Walmart was the world’s largest retailer because of sales at its thousands of brick-and-mortar stores, and Amazon was a completely different kind of company specializing in something called e-commerce. Recent moves by both companies make it clear just how long ago that was, and emphasize the extent that the two leviathans
MENOMONEE FALLS, Wis. – Kohl’s is deepening its two-year-old relationship with Amazon to drive traffic to its stores. The family-oriented department store operator is leasing vacated space in one of its locations for an Amazon grocery store, according to the Milwaukee Business Journal, which reports that Amazon will occupy roughly 40% of an 88,000-square-foot Kohl’s
WOODLAND HILLS, Calif. — Amazon opened a new grocery store concept on Thursday, expanding beyond its Whole Foods chain as it seeks to become a major food retailer. “Today we’re announcing the Amazon Fresh grocery store—a new grocery store designed from the ground up to offer a seamless grocery shopping experience, whether customers are shopping
SEATTLE — Jeff Wilke, chief executive of Amazon’s worldwide consumer business, plans to retire from the company in early 2021. He will be succeeded by Dave Clark, who has served as senior vice president of worldwide operations at Amazon. The move was announced Friday morning in an email by Amazon founder and chief executive Jeff
SEATTLE – Amazon on Thursday reported a profit of $5.2 billion in the second quarter as net sales soared 40% year on year to $88.9 billion. Amazon’s stellar results were announced on the same day the government reported that the U.S. economy, as measured by gross domestic product, fell 9.5% in the second quarter, as
BENTONVILLE, Ark. – Walmart is reportedly set to open a new front in its fight for a bigger share of the digital marketplace. Technology news website Recode is reporting that Walmart this month will introduce Walmart+, a subscription service promising same-day delivery of groceries and general merchandise, as well as perks such as discounts on
SEATTLE, Wash. — Amazon.com posted strong sales gains in the first quarter, as consumers forced to stay at home have responded by shopping and spending more with the e-commerce giant. At the same time, Amazon’s costs have risen sharply as well, hurting profits. Net sales increased 26% to $75.5 billion in the first quarter, compared
LONDON — Internet giants Amazon.com and Alibaba top the this year’s BrandZ ranking of the “75 Most Valuable Global Retail Brands,” which was released Thursday by Kantar and WPP. The report, which was launched in conjuction with the World Retail Congress, found that the value of the world’s top 75 retail brands has grown 12% —
NEW YORK — Online retail giant Amazon had 4.06 billion unique visitors in March, according to data from Learnbonds.com. That is more than the combined visitors tallied by the next five biggest online stores. The data shows that eBay, Walmart, Rakuten, Samsung.com and Apple.com had cumulative visitors of 3.85 billion. EBay registered 1.2 billion unique
NEW YORK — Fairway Market has awarded bids for six New York stores and two new New Jersey real estate leases in an auction supervised by a U.S. bankruptcy court. Village Supermarket Inc., a member of Wakefern Food Corp., submitted the winning bid for five New York stores, including four in Manhattan and another just