Retail News
Walmart names new chief people officer
Walmart has named Judy Werthauser as executive vice president and chief people officer. In this role, she will lead the people strategy within Walmart U.S.
Amazon’s 4Q revenue tops expectations
SEATTLE – Amazon on February 2 reported revenue of $149 billion for its fourth quarter, beating estimates with a 9% increase from a year earlier.
Kroger delivery expands to South Florida
Kroger announced the opening of a new spoke facility in South Florida. Joined by the local community, Kroger celebrated the expansion of the delivery service and welcomed 90 new associates.
NRF economist offers upbeat forecast for 2023
WASHINGTON – Despite inflation and high interest rates, National Retail Federation chief economist Jack Kleinhenz is predicting that a recession is unlikely and the economy will see slight growth in 2023.
Bed Bath & Beyond closing 87 more stores
Bed Bath & Beyond said today it is closing an additional 87 stores, as the retailer seeks to consolidate its assets ahead of a possible bankruptcy filing. The company confirmed the closures in a statement, adding it was also closing all Harmon health and beauty store locations.
GNC and GHOST continue to glow up with exclusive launch
PITTSBURGH – Holistic health is being redefined and for many consumers that definition includes skincare and beauty support. Within GNC’s curated assortment of science-backed products is a portfolio stocked with collagen, beauty supplements, women’s health supplements, and skincare solutions.
Deloitte looks at the future of the consumer
The consumer industry is facing a once-in-a-century economic, social and technological transition amid a backdrop of significant challenges. To that end, Deloitte recently completed an extensive, 18-month-long effort studying the industry.
H-E-B tops dunnhumby RPI for 2022
CHICAGO – H-E-B has regained the leadership position in the sixth annual dunnhumby Retailer Preference Index (RPI), an examination of the U.S. grocery market released today by data science firm dunnhumby. Costco Wholesale holds the second position in this year’s index, followed by Amazon.
Hy-Vee dietitians to offer 1,000 free cholesterol screenings in February
Hy-Vee is offering several events in February to encourage individuals to keep moving forward with their health goals, including 1,000 free cholesterol screenings at more than 50 stores throughout Hy-Vee’s eight-state region.
Experts address pressing industry issues during NACDS Regional Chain Conference
The 2023 National Association of Chain Drug Stores Regional Chain Conference closed Tuesday with more presentations from top speakers on the most timely issues affecting the industry and the patients and consumers it serves.
DG president and CFO John Garratt to retire in June
Dollar General Corp. president and chief financial officer John Garratt intends to retire from his position effective June 2.
CVS Pharmacy unveils new beauty and personal care brand, one+other
CVS Pharmacy has always been passionate about beauty and the important role it plays in the consumers’ health and wellness journey, and the company recognizes its responsibility to provide the products and solutions that meet their individual needs.
The ‘time is now’ to redefine pharmacy’s role
In its 90th year, the National Association of Chain Drug Stores (NACDS) remains focused on the same yet ever-evolving goal: Leading the future of an industry dedicated to advancing health and wellness for all Americans.
CVS, Walmart to cut pharmacy hours amid labor concerns
CVS Health and Walmart announced that they will be reducing pharmacy hours to address the ongoing pharmacist shortage, The Wall Street Journal reported Friday. CVS plans to cut or shift operating hours at about two-thirds of its 9,000-strong U.S.
Sam’s Club plans to add 30 new clubs
Buoyed by record membership growth, Sam’s Club on Thursday announced plans to open more than 30 new clubs across the country, starting with a unit in Florida that is slated to open next year.