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Jeffrey Woldt

Turbulent times for retailers

Turbulent times for retailers

The just concluded holiday selling season was a good one for most retailers. Ample anecdotal evidence of strong consumer demand was confirmed shortly after Christmas in a report issued by Mastercard. Based on tracking of retail activity within the credit card company’s network, supplemented with survey-based projections for such forms of payment as cash and

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

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