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Jeffrey Woldt

NACDS’ advocacy moves needle

NACDS’ advocacy moves needle

Amid all the turmoil in retailing, health care and government, the National Association of Chain Drug Stores continues to distinguish itself through steadfast advocacy of community pharmacy. By exercising patience and persistence, while at the same time possessing the readiness to seize opportunities whenever and wherever they arise, NACDS delivers meaningful results for its member

Job done, Boer steps down

Seven years ago, as the newly appointed chief executive officer of Royal Ahold, Dick Boer was focused on implementation of Reshaping Retail, a strategy designed to enable the company to better meet consumers’ changing needs with supermarkets and small-format and specialty stores, as well as an emerging array of omnichannel capabilities. Reshaping Retail proved an

Competition in the digital age

Competition in the digital age

Anyone who questions whether the primary battleground for the world’s top retailers has shifted from brick-and-mortar stores to the omnichannel realm would do well to consider the series of significant developments that has unfolded in recent weeks. The lead story in the last edition of Mass Market Retailers was about Walmart’s $16 billion investment for

High standards inspire Amazon

High standards inspire Amazon

Amazon.com late last month reported extraordinarily robust financial results for the quarter ended March 31. Sales at the e-commerce and technology company jumped 43% to $51 billion, while net earnings more than doubled to $1.6 billion. With ad revenue and Amazon Web Services showing notable strength, the company generated gains across the board. Of particular

A new wellness retail paradigm

A new wellness retail paradigm

The pending merger between Albertsons Cos. and Rite Aid, which was announced late last month after extensive negotiations, represents a major milestone for the companies involved and a potentially decisive turning point in the ongoing, if sometimes sporadic, effort by mass market retailers to more closely align nutrition, health and wellness in order to better

Disruption dilemma

MIAMI — A sense of urgency pervaded the Food Marketing Institute’s (FMI’s) Midwinter Executive Conference here last month. Faced with the tsunami of change sweeping over the industry, retailers and suppliers were eager, in private meetings and public sessions, to hear new ideas and talk about innovative strategies that will enable them to flourish in

Rush on to reinvent health care

Rush on to reinvent health care

Retail pharmacy operators and other health care providers received a jolt last month when Amazon, Berkshire Hathaway and JPMorgan Chase unveiled plans to form a stand-alone company that will address health care for their employees in the U.S., where costs are notoriously high and patient outcomes often vary widely. While details of the venture remain

Walmart envisioning future at Store No. 8

Walmart envisioning future at Store No. 8

The mash-up of retailing and technology commanded the spotlight at the National Retail Federation’s Big Show in New York City earlier this month, giving attendees additional evidence, if any were needed, that in the future the intersection of those disciplines will have a decisive impact on how people shop for, purchase and receive consumer products.

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