Grocery and household, apparel and home categories were also cited as the primary reasons why Kmart’s comparable-store sales decreased 11.2% during 2017 Q1, stated parent company Sears Holdings.
Bowen began his career with Jay C in 1971 as a produce department manager before taking a military leave of absence to serve in the U.S. Army from 1972 to 1976.
Nearly 80% of respondents reported DIR fees as a very large magnitude challenge, with 83.3% reporting this as a very immediate challenge. Seventy-eight percent of respondents reported MACs not being updated quickly enough to reflect changes in wholesale drug costs as a very large magnitude challenge, with nearly 80% indicating it as a very immediate challenge.
The retail CEO added the U.S. tax code is “broken,” and noted the BAT would more than double the retailer's tax rate to 75%, making it difficult for Target to invest in hiring workers and opening new stores in the United States.
The retailer will open nine new stores across Florida in its current fiscal year, creating more than 800 jobs, and also execute a multi-million-dollar capital investment plan by remodeling more than 40 locations across the state
Karl Varsanyi, Albertsons’ new group VP product management and user experience, and Ramiya Iyer, who was named group VP IT digital and marketing/merchandising, possess a collective 30 years of experience in digital leadership.
The retailer welcomed Arizona Attorney General Mark Brnovich and State Rep. Heather Carter on Tuesday.
Walgreens Boots Alliance’s SVP communications and international affairs Yves Romestan will be departing the company, according to a report in PRWeek. Laura Vergani, who will become VP international and divisional communications — moving up from her most recent role as VP international communications —will take on many of his responsibilities, the report said. (PRWeek)
The beauty retailer plans to open some 40 stores in 2017, according to a report by the Chicago Tribune.