January 17, 2022 by Scot Meyer
Costco, Retailer of the Year
2022, Featured Articles, Issue 01-17-2022, Issues, Leading Headlines, Retail News
ISSAQUAH, Wash. — Costco Wholesale Corp., even more than most retailers, has a business model built around efficiency. The company offers a limited selection of products, most of them available in only the most popular flavor, color or size, which results in high sales volumes and rapid inventory turns. Combined with the operating efficiencies achieved
January 17, 2022 by MMR
Meijer, Regional, regional chain, Retailer of the Year
2022, Featured Articles, Issue 01-17-2022, Issues, Leading Headlines, Retail News
GRAND RAPIDS, Mich. — Meijer Inc.’s guiding philosophy is the “virtuous cycle,” meaning it turns growth and profitability into community investments. Its communities in turn thrive and boost business at Meijer, perpetuating the cycle. “When we invest in our communities and customers and give them popular offerings, whether digital shopping or locally produced items or
January 11, 2021 by David Pinto
daivid pinto, MMR, Retailer of the Year
2021, Issue 01-11-2021, Issues
Thirty-five years have passed since the initial issue of Mass Market Retailers rolled off the press. During that time, the editors of MMR have unfailingly named a Retailer of the Year each January. Our editors had much to choose from, for our definition of mass market retailers included grocery, chain drug and discount retailers. The
January 13, 2020 by Scot Meyer
Dollar General, Retailer of the Year, Scot Meyer
2020, Featured Articles, Issue 01-13-2020, Issues, Leading Headlines, Retail News, Topics
GOODLETTSVILLE, Tenn. — Dollar General Corp. seems to defy the kind of gravity that is keeping much of the retail industry earthbound. At a time when some retailers are scaling back their brick-and-mortar expansion plans and may see their profits constrained by the need to invest in their omnichannel offerings, Dollar General has been growing
May 9, 2019 by MMR
Albertsons Cos., Bartell Drug, Bob Miller, CEO Brian Cornell, CVS Health, Dollar General, Jeff Owen, Joe Hartsig, Larry Merlo, Retailer of the Year, Target Corp., Walgreens
Featured Articles, Leading Headlines, Retail News, Slideshows
NEW YORK — Mass Market Retailers presented its 2018 Retailer of the Year awards Wednesday night in New York City. The event drew retailer and supplier executives from across the food, drug and mass channels. Target Corp. was honored as MMR‘s 2018 Retailer of the Year. The award was given in recognition of the work
January 14, 2019 by MMR
Brian Cornell, MMR, Retailer of the Year, Target Corp.
2019, Featured Articles, Issue 01-14-2019, Issues, Leading Headlines, Retail News
MINNEAPOLIS — Target Corp. is hitting the bullseye. Target headed into the 2018 holiday season bolstered by a strong third quarter performance that included a 5.1% increase in comparable sales, a 49% gain in digital channel sales and a 5.3% increase in customer traffic. Total revenue for the three months ended November 3 was $17.8
March 13, 2018 by MMR
Albertsons Cos., Hy-Vee, Hy-Vee chairman and chief executive officer Randy Edeker, Retailer of the Year, Shane Sampson
Featured Articles, Leading Headlines, Slideshows
NEW YORK — Mass Market Retailers presented its 2017 Retailer of the Year awards last week in New York City. The event drew retailer and supplier executives from across the food, drug and mass channels. Honored as MMR Merchant of the Year was Albertsons Cos. executive vice president and chief marketing and merchanding officer Shane
January 8, 2018 by Jeffrey Woldt
Doug McMillon, Jeffrey Woldt, Retailer of the Year, Walmart
2018, Issue 01-08-2018, Issues, Leading Headlines
BENTONVILLE, Ark. — When Doug McMillon, who started his business career as an hourly worker at a Walmart distribution center in 1984, was selected to be president and chief executive officer of the company four years ago, industry observers expressed confidence that he would preserve the ethos established by Sam Walton, the retailer’s legendary founder.
January 11, 2016 by Jeffrey Woldt
Brian Cornell, MMR, Retailer of the Year, Target Corp.
2016, Issue 01-11-2016, Issues
MINNEAPOLIS — During his tenure as head of Target Corp., Brian Cornell has demonstrated what effective leadership is all about. At the time he was named chairman and chief executive officer in the summer of 2014, the company was reeling. Hobbled by a poorly executed foray into the Canadian market and a data breach that