November 16, 2020 by Jeffrey Woldt
Coca-Cola, Jeffrey Woldt
2020, Issue 11-16-2020, Issues, Opinion
Drastic cuts are coming to Coca-Cola Co.’s brand portfolio. Part of a broader corporate restructuring, which includes a sizable reduction in the workforce, the company has indicated that it may eliminate 50% or more of the beverage brands it sells around the world. Accelerated by supply chain disruptions and changes in consumer behavior brought about
November 2, 2020 by Jeffrey Woldt
CVS Health, Jeffrey Woldt, Jon Roberts
Featured Articles, Leading Headlines, Videos
In this week’s Video Forum, Jon Roberts, chief operating officer of CVS Health, discusses the company’s unique health care model and its performance during the COVID-19 crisis. He also addresses the response of patients and payers to CVS’ HealthHUB format, the important place that front-end merchandise has in the company’s retail strategy, and the impact
October 19, 2020 by Jeffrey Woldt
Clint Mahlman, Jeffrey Woldt, London Drugs
Featured Articles, Leading Headlines, Videos
Clint Mahlman, president and chief operating officer of London Drugs, tells this week’s Video Forum how the drug chain’s unique business model meets a variety of needs for consumers in Western Canada, especially during the COVID-19 outbreak. He also discusses the boom in e-commerce, an area in which London Drugs has more than two decades
October 12, 2020 by Jeffrey Woldt
fourth quarter, Jeffrey Woldt
2020, Issue 10-12-2020, Issues
The fourth quarter of the calendar year, always a pivotal time for retailers, is in 2020 shaping up as a make-or-break period. Rocked by the COVID-19 pandemic and subsequent measures to limit the virus’ spread, many retailers have seen business fundamentals, already shaken by e-commerce and changing consumer behavior, further undermined. A new report by
September 14, 2020 by Jeffrey Woldt
Ahold Delhaize, Jeffrey Woldt
2020, Issue 09-14-2020, Issues, Opinion
The trust stemming from Ahold Delhaize’s effective response to the coronavirus pandemic (which was examined in this space in the last issue of MMR), together with its long-standing commitment to delivering a comprehensive omnichannel experience, bodes well for the company as it looks to a post-COVID world. “We strongly believe in the combination, under the
August 24, 2020 by Jeffrey Woldt
Ahold Delhaize, COVID, Jeffrey Woldt
2020, Issue 08-24-2020, Issues, Opinion
The impact on retailers of the COVID-19 pandemic has varied considerably, even among sellers of essential products. Ahold Delhaize is one of the companies that, in the words of president and chief executive officer Frans Muller, has managed to “translate this unprecedented demand … into outstanding results.” Speaking after the release of Ahold Delhaize’s second
July 13, 2020 by Jeffrey Woldt
Brian Cornell, Jeffrey Woldt, mass market retailers, NRF webcast, reopening
2020, Issue 07-13-2020, Issues
The COVID-19 pandemic is testing mass market retailers on two major fronts. Target chairman and CEO Brian Cornell received a lot of attention recently when he spoke about how consumer behavior has changed since the arrival of the novel coronavirus in the U.S., and what it will take to get shoppers to feel comfortable about
June 22, 2020 by Jeffrey Woldt
George Floyd, Jeffrey Woldt
2020, Issue 06-22-20, Issues
Outrage over the killing of George Floyd while members of the Minneapolis Police Department were taking him into custody extends to corporate America. The CEOs of Target, Kroger, Albertsons Cos., Hy-Vee, CVS Health and Walgreens Boots Alliance, along with other retail executives and their counterparts in a variety of industries, have condemned the incident, called
May 25, 2020 by Jeffrey Woldt
COVID-19, Jeffrey Woldt, mass retail survival
2020, Issue 05-25-2020, Issues
Mass market retailers engaged in the fight against the SARS-CoV-2 virus and its devastating human and economic consequences should be ready for a long haul. Despite growing pressure in this country and around the world to end lockdowns and ease social distancing protocols, scientists warn that a headlong rush to the “new normal” could well
April 20, 2020 by Jeffrey Woldt
COVID-19, Jeffrey Woldt, retailers
2020, Issue 04-20-20, Issues
For retail companies that sell essential merchandise and remain open during the COVID-19 pandemic, the crisis has created new exigencies that are testing their mettle. With consumer preferences and shopping patterns undergoing sudden and dramatic shifts, stores have had to scramble to meet unprecedented demand, while at the same time doing everything they can to
March 23, 2020 by Jeffrey Woldt
COVID-19, Jeffrey Woldt, RxImpact Day
2020, Issue 3-23-2020, Issues
RxImpact Day on Capitol Hill was one of the many casualties of the COVID-19 pandemic, which hit this country hard early this month and, as of this writing, showed no signs of abating. Conducted by the National Association of Chain Drug Stores, RxImpact Day would have brought together more than 400 pharmacy advocates in Washington,
February 24, 2020 by Jeffrey Woldt
FMI, Jeffrey Woldt, Midwinter Executive Conference
2020, Issue 2-24-2020, Issues
PHOENIX — After weathering the storm unleashed by the advent of grocery e-commerce and the attendant predictions about the demise of brick-and-mortar stores, supermarket operators have regained their equilibrium and are charting a new course in the omnichannel world. The change in attitude was evident at the annual Midwinter Executive Conference convened by the industry’s