Corporate Strategy

Articles about retailer strategy and corporate moves.

  1. Corporate Strategy

Dollar General opens 19,000th store

GOODLETTSVILLE, Tenn. — Dollar General marked the grand opening of its 19,000th store in Joplin, Mo. on Monday with a community celebration and a $19,000 donation to a local elementary school. Customers also received complimentary DG gift cards, tote bags and product samples. “Today marks an exciting milestone in Dollar General’s history as we open […]
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  1. Corporate Strategy

The ‘time is now’ to redefine pharmacy’s role

ORLANDO, Fla. — 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. That is the central theme at this year’s NACDS Regional Chain Conference, which is currently underway. Justin […]
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  1. Corporate Strategy

Hairitage launches anti-dandruff collection at Walmart

NEW YORK — Hairitage by Mindy McKnight, a pioneer in inclusive hair care, is introducing a revolutionary line of antidandruff products exclusively at Walmart. The Hairitage Anti-Dandruff collection raises the industry standard for scalp care, with cleaner formula solutions to eliminate every type of dandruff, each priced at less than $10. This pH optimized and […]
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  1. Corporate Strategy

Bob Miller joins board at Save Mart Cos.

MODESTO, Calif. — Supermarket industry veteran Robert (Bob) Miller has been named to the board of directors at The Save Mart Companies, a California-based grocer that operates approximately 200 Save Mart, Lucky California, and FoodMaxx stores in the California Central Valley, Bay Area, and Northern Nevada. Save Mart, which is owned by Kingswood Capital Management, […]
2 min read
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  1. Corporate Strategy

Italian job for Emperia as it helps Pinko venture into the metaverse for the first time

Italian fashion brand, Pinko, has announced the launch of its first virtual store, developed using the Emperia platform and celebrating the opening of its new Milan boutique. It says that this aims to “drive brand recognition and tap into new female communities, alongside empowering women around the world to feel independent and able to express […]
3 min read
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  1. Corporate Strategy

Trucking companies see freight demand rebounding in 2H 2023

Trucking companies expect freight volumes to pick up in the second half of the year as customers use the first six months to work through excess inventory. “The general consensus, almost unanimous, from customers that have given us feedback about their inventories has been that by the time they get through the spring, things are […]
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  1. Corporate Strategy

Cost of living crisis: Key challenges and opportunities for UK brands

The latest GDP figures showed that the UK economy grew by 0.1% in November, boosted by the World Cup and spending on food and drink. But bad economic news continues to stack up. The Bank of England is predicting a “very challenging” two-year recession. The Office for Budget Responsibility (OBR) has forecast a 1.4% fall […]
3 min read
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  1. Corporate Strategy

Finally, a Drive-Thru Only Grocery Store

  Gen Z and Millennials have an ongoing desire for fresh food discovery, seemingly not wanting to be ‘their parents’, so the question is will they opt for and migrate too a drive-thru grocery store?  According to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®, “The jury is still out. It will depend […]
3 min read
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  1. Corporate Strategy

Why Your Retail Business Should Be An LLC

Are you planning to open a retail business? It’s quite an achievable dream, and you’re on the right track by landing on this read. The authorities require several items to register your business and allow you to run operations. One of what you need to do is identify a business structure for your business.  A […]
3 min read
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  1. Corporate Strategy

Competing On Brand Purpose Is Here To Stay

The status quo is always being challenged. Whatever dominates is always being criticized and derogated. The mainstream is never the only thing. Trends invite counter-trends. Purpose used to be a challenge to the mainstream. The idea of shareholder capitalism accountable to no other constituencies of interest became the mainstream view of business during the 1970s. […]
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  1. Corporate Strategy

How Daniel’s Jewelers Designs Stores and Shopper Experiences for Hispanic Consumers

Joseph Sherwood founded Daniel’s Jewelers in 1948 to make jewelry more accessible for all families. Over the years the retailer has carved a unique space in the Hispanic market thanks to its unique approach to financing, in-store services and merchandising. This has allowed the company to establish a unique value proposition that speaks to the […]
4 min read
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  1. Corporate Strategy

Here’s How Your Field Service Team Can Fix Problems Before They Happen

How much does it cost your business if your equipment goes down for one hour, one day, or one week? What kind of impact does equipment downtime have on your customers and your reputation? Prioritizing proactive field service can help you not only reduce operating costs but also keep your customers happier — and coming […]
6 min read
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  1. Corporate Strategy

Policing chief tells Federation of Independent Retailers tackling retail crime is a priority

Policing minister Chris Philp has reassured the Federation of Independent Retailers (The Fed) that tackling retail crime is a priority for the government. “As part of our political engagement strategy and commitment to raising awareness in the government of the scale of retail crime,” national president Jason Birks wrote to Philp in December. He invited […]
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  1. Corporate Strategy

Why Lack of Inventory Transparency May Be Hindering Your Business Growth

Calculating how much inventory to keep on hand can sometimes feel like a Goldilocks story. Too much inventory and you’re left with wasted product. Not enough inventory and you’re left with unhappy shoppers and lost profit. Oftentimes, the amount of inventory on hand is a result of supply chain issues, of which there has been […]
4 min read
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  1. Corporate Strategy

Brand Reliance on Cookies is Ruining the Element of Surprise for Consumers (and Yes, They Resent it)

Forget about “Cookie Doomsday.” Even if Google never fully deprecates the third-party cookie in Chrome, retailers still need to ditch those bits of code as soon as they can. The simple fact is that third-party cookies are destroying consumers’ ability to shop the way they want to shop, and the long-term fallout from the resulting […]
3 min read
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  1. Corporate Strategy

How Retailers Are Using Customer Delivery Personas to Protect Profit Margins

Despite record levels of inflation and rising interest rates, there’s good news for retailers: holiday spending was forecasted to be healthy. According to the National Retail Federation (NRF), holiday retail sales in the U.S. during November and December were expected to increase 6 percent to 8 percent from 2021 levels to between $942.6 billion and […]
3 min read
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  1. Corporate Strategy

Vera Bradley Shakes Up Leadership, Fully Acquires Pura Vida for $10M

Vera Bradley last week announced a new streamlined corporate structure and full acquisition of bracelet brand Pura Vida. As a part of the reorganization, the company has eliminated the positions of Vera Bradley Brand President Daren Hull, Chief Creative Officer Beatrice Mac Cabe, and Chief Revenue Officer Mary Beth Trypus. Pura Vida Co-Presidents Griffin Thall and […]
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  1. Corporate Strategy

dunnhumby’s Sixth Annual Retailer Preference Index (RPI) for U.S. Grocery
THE GROCERS BEST ‘BUILT TO LAST’

H-E-B, Costco Best Navigate The 2020 – 2022 Pandemic Grocery Market Upheaval, Bumping Amazon From Its Top Ranking Customers emerged from 2020 – 2022 placing more importance than ever on finding the right balance of savings and quality while placing less importance on saving time. Pandemic surge in retailer digital capabilities and consumer digital adoption […]
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  1. Corporate Strategy

Whole Foods Pushes Suppliers To Lower Prices 

The Wall Street Journal is reporting this morning that Amazon-owned Whole Foods is pressing suppliers to lower prices as their own costs start to decline. According to the story, Whole Foods “told suppliers at a recent virtual summit that it wants to bring down retail prices in its store aisles as companies’ own costs start […]
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  1. Corporate Strategy

Walmart Rolls Out Snazzier Look To Appeal To High Income Shoppers

From CNBC: “As Walmart’s low-priced groceries attract shoppers, the retailer is rolling out a fresh strategy aimed at wooing them into other aisles: stores with brighter lights, fashion-forward mannequins and colorful displays of makeup, pet supplies and more … Walmart’s snazzier look is part of a broader effort to sell more discretionary items – like […]
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  1. Corporate Strategy

Whole Foods asks for lower prices, CEO apologies for layoff email and more

Plus: MrBeast’s blindness video raises ethics questions. Whole Foods has asked some food producers to lower prices as pressures from inflation begin to ease across the country, the Wall Street Journal reported. “We know our customers are weighing the impacts of inflationary pressure on their buying choices,” Alyssa Vescio, Whole Foods’ senior vice president of […]
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  1. Corporate Strategy

Retail Media’s Next Act with Albertsons Media Collective’s Kristi Argyilan & Evan Hovorka

The CPG Guys, PVSB and Sri are joined in this episode by Kristi Argyilan, SVP & Evan Hovorka Head of Products & Innovation Management at Albertsons Media Collective, the retail media arm for Albertsons Companies. Follow Kristi Argyilan on LinkedIn at: https://www.linkedin.com/in/kristiargyilan/Follow Evan Hovorka on LinkedIn at: https://www.linkedin.com/in/evanhovorka/ Follow Albertsons Media Collective on LinkedIn at: […]
2 min read
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  1. Corporate Strategy

CRN expands staff and adds voting member

WASHINGTON —The Council for Responsible Nutrition has promoted four employees – Maya English, Danny Garza, Elise Hall and Craig Muckle – and hired Angelo Schildhauer as membership associate. Steve Mister   “I am pleased to announce the promotions of these four employees as recognition for their contributions to CRN,” said president and CEO Steve Mister. […]
4 min read
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  1. Corporate Strategy

DG president and CFO John Garratt to retire in June

GOODLETSVILLE, Tenn. — Dollar General Corp. president and chief financial officer John Garratt intends to retire from his position effective June 2. “John’s retirement comes after an outstanding career as an accomplished and trusted finance executive and most recently as our President and CFO,” Dollar General CEO Jeff Owen said. “On behalf of the entire […]
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  1. Corporate Strategy

Regional Chain Conference speakers address key issues

ORLANDO — 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. A key feature of the programming was the One-to-One Business Conferences — a highly popular element of the schedule […]
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  1. Corporate Strategy

Mondelēz International Reports Q4 and FY 2022 Results

Full Year Highlights Net revenues for the full year increased +9.7% driven by Organic Net Revenue1 growth of +12.3% with underlying Volume/Mix of +2.7%. For the fourth quarter, Net revenues increased +13.5% driven by Organic Net Revenue1 growth of +15.4% with underlying Volume/Mix of +1.6% Diluted EPS was $1.96, down 35.5%; Adjusted EPS1 was $2.95, up +11.9% on […]
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  1. Corporate Strategy

Aldi expands Too Good To Go partnership nationwide following successful trial

Aldi is rolling out its partnership with the world’s largest surplus food platform, Too Good To Go, across all of its 990 UK stores. Following a successful trial last year, Aldi is now offering surplus food bags available nationwide, in a bid to tackle food waste while also offering even lower prices to customers. The […]
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  1. Corporate Strategy

dunnhumby’s Sixth Annual Retailer Preference Index (RPI) for U.S. Grocery
THE GROCERS BEST ‘BUILT TO LAST’

H-E-B, Costco Best Navigate The 2020 – 2022 Pandemic Grocery Market Upheaval, Bumping Amazon From Its Top Ranking Customers emerged from 2020 – 2022 placing more importance than ever on finding the right balance of savings and quality while placing less importance on saving time. Pandemic surge in retailer digital capabilities and consumer digital adoption […]
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