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
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
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
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
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.
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