WSL Future of Health Event


Retailers must be smart with AI

“AI has the potential to revolutionize the retail industry by introducing innovative solutions that enhance efficiency, customer experiences and overall business operations.” That’s what a well-known AI model, ChatGPT, told me when I asked about positive use cases for AI in the retail sector. It went on to list several areas where AI could help

FMI a willing partner in SNAP renewal effort

Leslie Sarasin takes an expansive view of her work. As president and chief executive officer of FMI – The Food Industry Association, she has significantly broadened the organization’s reach, carving out a bigger role within FMI for grocery manufacturers and other industry stakeholders, while at the same time forging partnerships with groups that support its

Showing consumers love can mean profitable holiday season

This holiday season, retailers face a unique set of challenges that will test their adaptability, resilience and innovation to the fullest. With consumer behaviors likely to remain uncertain and volatile, retailers are having to display ever greater levels of agility and responsiveness to keep pace. For many people, times are tough right now. Consumers are

China UnionPay viewed as threat

WASHINGTON — The Merchants Payment Coalition (MPC) has sent a letter to a U.S. House committee urging passage of the Credit Card Competition Act as a way of limiting Chinese involvement in industry groups that set security standards governing U.S. credit and debit card networks. The letter to members of the Financial Services Committee was

High standards inspire Amazon

High standards inspire Amazon 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

Recounting the rise of Dollar General

Recounting the rise of Dollar General

Many companies today embrace some form of continuous improvement process, under which they strive to make their products, services and systems better over time. The CIP concept seems very professional and corporate, but former Dollar General Corp. chief executive officer Cal Turner Jr. had a blunter version of the same idea. “Would you like to

As food retail market evolves, so do supermarkets

As food retail market evolves, so do supermarkets

Our member chief executive officers often emphasize with us that the heart of customer loyalty is value — but perhaps not in the traditional ways we’ve defined value through taste, price and convenience. In fact, the very concept of value has become increasingly more difficult to describe because it is unique and so personal for