Albertsons, Wegmans named EPA Safer Choice Partners of the Year
OXON HILL, Md. — Albertsons and Wegmans Food Markets were named by the Environmental Protection Agency as Safer Choice Partners of the Year for 2017, which honors outstanding achievement in the design, manufacture, promotion, and use of Safer Choice-labeled products over the past year. The awards were presented at National Harbor in Oxon Hill on May 15.
“Albertsons recently reached 400,000-plus people by sharing a Safer Choice video and 500,000-plus people by sharing Partner of the Year posts on Facebook. Safer Choice commends Albertsons for its use of social media to promote the program and its continued efforts to expand its offering of Safer Choice-certified products to consumers,” the EPA wrote.
“Safer Choice commends Wegmans for its prominent use of the Safer Choice label and for fostering awareness of the program through direct mail advertisements, employee education, and in-store displays. Safer Choice applauds Wegmans for its exceptional commitment to transition all Wegmans brand household cleaning products, laundry detergents, and dish detergents, where science allows, to Safer Choice-certified formulas. Through these initiatives, Wegmans continues to bolster the Safer Choice program,” the agency wrote.
“We’re committed to offering effective cleaning products that are Safer Choice-certified whenever possible because we believe it’s the right thing to do,” said Wegmans category merchant Dave Tantillo. “The Safer Choice label makes it easy for consumers to find cleaning products that are safer for them, their families, and the environment. It is the seal of approval we want our customers to know and trust.”
The EPA also named formulators and product manufacturers to the list. Among the companies with drug store times named were GOJO Industries, Reckitt Benckiser, Seventh Generation and Clorox.
NPAC names London Drugs executive recipient of Len Marks Pharmacy Advancement Award
TORONTO — The Neighbourhood Pharmacy Association of Canada on Thursday honored John Tse, a London Drug executive who has been involved in Canada’s retail pharmacy industry for more than 25 years, as the 2017 recipient of the Len Marks Pharmacy Advancement Award.
The award will be presented at the Chairman’s Dinner during the Pharmacy, Health and Beauty EXPO 2017.
Tse’s pharmacy career started as a pharmacy technician. He has practiced as a staff pharmacist in a retail setting in a chain pharmacy as well as an independent local community drug store. In addition to his retail pharmacy experience, he has also practiced and provided oversight in institutional settings serving long-term care homes.
In addition to the above roles, Tse has served as a pharmacy manager, pharmacy operations manager, pharmacy buyer, and his most recent role, VP pharmacy and cosmetics for London Drugs.
Tse’s commitment to the education and training of pharmacists has been evident throughout his career, NPAC stated. To that end, he has been involved with preceptorship/internship for upcoming pharmacy and commerce graduates, has been a guest lecturer at UBC and an active member on many BC College of Pharmacists committees, Chain Drug Association of BC, Neighbourhood Pharmacy Association of Canada and Cedar Cottage Association. Tse was on the board of directors for London Drugs from 1998-2017, and on the board of Rx Canada for 18 years. He has also served on the boards of Neighbourhood Pharmacies, BCPhA, and Canadian Liver Foundation.
“His diverse experience in all aspects of the pharmacy business throughout Canada and in other related industries have enabled him to have a deep appreciation for the needs of the profession as well as the needs of the business of pharmacy,” NPAC stated. “His innovative approach and ability to form strategic partnerships between government and industry have made a difference in the delivery of healthcare in Canada.”
Walmart’s 2018 fiscal Q1 earnings rise as online sales grow 63%
BENTONVILLE, Ark. — Walmart showed its muscle in the first quarter, reporting a big jump in online sales, an increase in traffic at its U.S. stores, and earnings that beat the Street.
The chain’s U.S. same-store sales grew for the 11th consecutive quarter, rising 1.4% in the period ended April 30, just beating analysts’ estimates. Online sales surged 63%, compared to 29% growth in the last quarter. Total revenue increased 1.4%, to $117.54 billion, slightly short of the $117.74 billion forecast by analysts, mostly due to the impact of a stronger dollar overseas.
“The overall net revenue gain of 1.4% may not sound stellar, but for a company of the size of Walmart, this is a significant uplift in dollar terms,” commented Neil Saunders, managing director of GlobalData Retail. “At Walmart U.S., the 2.9% increase in net sales equates to an additional $2.1 billion taken over the first quarter — an impressive achievement given 2016 included an extra day of trading from the leap year. From an already high base, Walmart is now winning market share across many categories."
The retailer reported earnings per share of $1 in quarter, exceeding average estimates of 96 cents. Consolidated net income fell to $3.04 billion from $3.08 billion due to an increase a higher tax rate.
“We delivered a solid first quarter and we're encouraged by the start to the year," stated Doug McMillon, CEO, Walmart. "We're moving faster to combine our digital and physical assets to make shopping simple and easy for customers. Our plan is gaining traction."
Walmart said it now expects to earn between $1 and $1.08 per share during its second quarter, excluding a net benefit from the sale of Suburbia, the chain’s apparel unit in Mexico. U.S. same-store sales are expected to rise between 1.5- and 2%.
Walmart has been investing heavily in its digital operations. Under the direction of digital chief Marc Lore, the discounter has been improving its own online experience and also acquiring specialty online retailers. It also has been lower shipping prices. Most recently, it launched a program that offers a discount to items that are ordered online but picked up in the store.
“Walmart's e-commerce business is in the ascendancy,” added Saunders. “Positive changes to free shipping requirements and the addition of millions of more products to the online store have both resulted in steady uplifts in customer numbers. We are particularly pleased that Walmart is using discounting to encourage online shoppers to use more economical store pickup rather than delivery. We see the effective use of its real estate assets as one of Walmart's major strengths over Amazon.”