MMR
Mass Market Retailers provides compelling news and insights from across the omnichannel retail spectrum. https://www.massmarketretailers.com

MMR's articles

  1. Trends & External Forces

WBA tops Q3 sales and earnings forecasts

DEERFIELD, Ill. — Walgreens Boots Alliance posted third quarter sales and earnings that beat Wall Street’s projections. The company’s adjusted earnings per share of 96 cents topped analysts’ forecast of 92 cents, while its revenue of $32.6 billion exceeded the predicted $32.06 billion. WBA said it was maintaining its full year adjusted EPS guidance of […]
5 min read
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  1. Trends & External Forces

NRF: Economy slowing but recession is unlikely in near term

WASHINGTON – The U.S. economy’s rate of growth is slowing, but consumers remain financially healthy and the nation is unlikely to enter into a recession during the remainder of 2022, National Retail Federation chief economist Jack Kleinhenz said Thursday. “I am not betting on an official recession in the near term, but the most recent […]
3 min read
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  1. Corporate Strategy

Alaffia promotes Lanaia Edwards to CMO

NEW YORK — Alaffia, an award-winning leader in clean and fair trade beauty, promoted veteran global marketing executive Lanaia Edwards to chief marketing officer, the company said Tuesday. Lanaia Edwards In her new role, Edwards will oversee marketing, creative, product development, and brand strategy, driving and accelerating growth globally. She brings an extensive track record […]
2 min read
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  1. Corporate Strategy

Bed Bath & Beyond makes leadership changes

UNION, N.J. — Bed Bath & Beyond Inc. has named Sue Gove, an independent director on the company’s board and chair of its strategy committee, the company’s interim chief executive officer. She replaces Mark Tritton, who has left his role as president, chief executive officer and  board member, the company said Wednesday. The move came […]
3 min read
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  1. Channel: Dollar/Value

Dollar Tree resumes management shake-up

CHESAPEAKE, Va. – Dollar Tree Inc. today announced the departures of key operating and financial executives, a shake-up that the company said was made to support implementation of its turnaround initiatives. Dollar Tree said it is seeking candidates to replace chief operating officer Thomas O’Boyle, chief legal officer William Old, chief strategy officer David Jacobs […]
2 min read
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  1. Shopper & Customer

H-E-B tops dunnhumby online grocery ranking

CHICAGO – H-E-B narrowly edged out Amazon and Amazon Fresh to qualify as the nation’s top-ranked eCommerce grocery retailer, according to the inaugural dunnhumby eCommerce Retailer Preference Index (RPI). In a comprehensive, nationwide study that examines the emerging $100 billion U.S. eCommerce grocery market, H-E-B narrowly edged out second-placed Amazon and third-placed Amazon Fresh in […]
4 min read
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  1. Department: HBC

WBA to retain ownership of Boots business

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) announced on Tuesday its decision to keep its Boots and No7 Beauty Company businesses under its existing ownership. This marks the conclusion of the review that began in January in line with the company’s strategic priorities. WBA said it has been encouraged by productive discussions held with a […]
2 min read
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  1. Channel: Dollar/Value

Dollar General promotes seven executives

GOODLETTSVILLE, Tenn. — Dollar General has promoted seven executives to new leadership roles, the company said Tuesday. Mark Banister has been promoted to senior vice president, in-store experience. In this role, Banister will lead the space management, project execution and support, fixtures and supplies, and store planning teams. He joined Dollar General in 2009 and has […]
2 min read
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  1. Channel: Grocery

Wakefern Corp. adds another new member

KEASBEY, N.J. — Pennsylvania-based Gerrity’s Supermarkets, owned by the Fasula Family, has become the 48th member to join the Wakefern Food Corp. cooperative. The Fasula family operates supermarkets in Pennsylvania under the Gerrity’s Supermarkets banner. Upon their conversion, the stores will be rebranded as Gerrity’s The Fresh Grocer, a Wakefern trademark. Currently there are 11 […]
2 min read
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  1. Corporate Strategy

Video Forum: Nicholas Hall, Nicholas Hall Group of Companies, Part 1

Nicholas Hall, chairman and CEO of the Nicholas Hall Group of Companies, tells this week’s Video Forum about how the self-care category performed during the COVID pandemic and assesses its prospects now that a new normal is beginning to emerge. In the first installment of a two-part interview, Hall also discusses Americans’ embrace of self-care, […]
< 1 min read
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  1. Channel: Drug

Walgreens honors vets July 4th weekend with discounts

DEERFIELD, Ill. — To honor the service and sacrifices of Americans who served in the armed forces, Walgreens is offering a weekend Independence Day discount to all veterans, active duty military personnel and their immediate family members, including the families of those who lost their lives in service to their country. Beginning July 1 through […]
< 1 min read
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  1. Channel: Drug

New name: AllianceRx Walgreens Pharmacy

ORLANDO, Fla. —  One of the country’s largest specialty and home delivery pharmacies is now AllianceRx Walgreens Pharmacy. Walgreens announced full ownership of the company in January, necessitating the name change. “AllianceRx Walgreens Pharmacy is the same specialty and home delivery pharmacy our patients have come to trust and depend on for life-saving medications,” says Joel Wright, RPh, […]
4 min read
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