Joel Anderson departs Walmart.com for Five Below
PHILADELPHIA — Joel Anderson, president and chief executive officer of Walmart.com, has departed the online giant to assume the role of president at Five Below, a retailer that targets pre-teens and teens with trendy, extreme-value merchandise, according to a Five Below press release issued Tuesday morning.
Anderson will be succeeded by Fernando Madeira, currently president and CEO of Latin America at Wal-Mart eCommerce, according to a Wall Street Journal report citing an internal Wal-Mart memo.
Madeira has been credited with sparking sales gains at Wal-Mart’s Latin American e-commerce site through a broader assortment and improved fulfillment, Pulse 2.0 reported.
“We’ve seen Brazil grow twice as fast as the market, while increasing traffic fourfold,” stated Wal-Mart’s CEO of Global eCommerce, Neil Ashe, according to Pulse 2.0. “In other markets, they’ve leveraged sales and marketing efforts, driving triple-digit growth in Argentina, Chile and Mexico.”
Madeira will relocate from Sao Paulo to the Bay Area of California where Walmart.com is based.
Wal-Mart’s e-commerce business is on track to grow to about $13 billion this year from $10 billion last year. And the company expects to maintain that steep growth trajectory. At the company’s recent shareholder meeting, president and CEO Doug McMillon and other top executives described how the company is making acquisitions and investments in its Global eCommerce organization and big data analytical capabilities even as it continues to expand its worldwide physical footprint.
“Customers will increasingly expect and require the best of both worlds. They want the excitement and the immediacy of shopping in a physical store and the freedom to shop whenever, however and wherever they want," McMillon said. "Wal-Mart can bring together our stores with new digital commerce capabilities to help customers save money, save time, and have access to what they want and need. Wal-Mart will exceed their expectations.”
Dermatitis spray promises relief from incontinence rashes
SAN ANTONIO — A new spray being introduced by Mission Pharmacal is offering relief from dermatitis caused by incontinence.
Dr. Smith’s Adult Barrier spray is a zinc oxide treatment for rashes and irritation that typically accompanies adult incontinence, which afflicts some 50% of residents in nursing homes. The spray offers an alternative to the lotions and creams that are typically used to treat rash associated with incontinence, with a lower risk of cross-contamination and thus, infection.
The product is meant to offer relief from chafing and protect the skin from possibly irritating moisture, and can be applied without drips or staining clothes.
NACDS Total Store Expo to feature ‘Vision 2025’
ARLINGTON, Va. — The National Association of Chain Drug Stores announced on Monday the creation of “Vision 2025” to provide attendees with a glimpse of “what comes next” in the industry through technology platforms, displays and interactive experiences.
This year’s NACDS Total Store Expo will be held Aug. 23 to 26 in Boston. Partnering with NACDS in this endeavor are Checkpoint Systems and Kantar Retail, providers of global retail merchandising and technology.
Located at the entrance to the exhibit floor of the NACDS Total Store Expo at the Boston Convention and Exhibition Center, the space also will feature the NACDS-TV studio, which will provide broadcast coverage of the four-day trade show and strategic exchange. Vision 2025 will be open during the exhibit hall hours of the NACDS Total Store Expo.
“We are pleased to be partnering with two industry thought leaders who can help deliver on our objectives in providing forward-focused opportunities for attendees at the NACDS Total Store Expo,” stated NACDS president and CEO Steve Anderson. “As the industry prepares for the implementation of provisions of the Drug Quality and Security Act in 2025, we believe that Vision 2025 will help demonstrate what the industry — including the pharmacy and other departments in retail stores — may look like in 10 years. Additionally, we know that retailers will continue to be laser-focused on serving as solution providers for consumers’ evolving wants and needs.”
Checkpoint Systems, a supplier of merchandise availability solutions for the retail industry, will illustrate how pharmaceutical companies, distributors and pharmacy retailers can leverage radio-frequency identification to comply with the Drug Quality and Security Act. At the NACDS Total Store Expo, Checkpoint will demonstrate its Merchandise Visibility Solution, which will enable pharmaceutical suppliers, distributors, pharmacy retailers and consumer packaged goods providers to obtain additional benefits, while complying with the new federal regulation.
“DQSA is going to improve the safety of the pharmaceutical supply chain for all stakeholders,” stated Farrokh Abadi, president and COO merchandise availability solutions for Checkpoint Systems. “Our Merchandise Visibility Solutions are already making a compelling difference for apparel retailers and brand owners, and we look forward to delivering similar value to pharmacy retailers, and pharmaceutical manufacturers and distributors as well, as they plan for the new federal regulation.”
Kantar Retail will provide a multi-lensed and multimedia view of retail’s future, with an eye toward the major trends impacting retail in the convenience, beauty and healthcare space for Vision 2025.
“Our vision for the future will focus on delighting shoppers in 2025 with an eye toward what they care about and how to meet their retail needs, as well as managing the ‘Store Of The Future,’ demonstrating best-in-class operational and analytic technologies to optimize tomorrow’s supply chain,” stated Brian Gildenberg, chief knowledge officer of Kantar Retail.
Kantar Retail anticipates these key elements to be focus areas of their presentation at the NACDS Total Store Expo:
- Consumer 2025 – what a much more diverse consumer will expect from their retail experience;
- The “endless shelf” and ideas on what best-in-class solutions will look like to bring a world of assortment to a small space;
- Convenience Reinvented – what will make the store shopping experience faster;
- Demonstrating the technologies/services that will be available to help shoppers identify and treat health conditions;
- In-store displays in health and beauty – understanding the future of physical fixtures and how they can help entice incremental purchase and tie to the virtual world;
- In-store automation techniques and how the free flow of information can truly optimize store management and product flow;
- The brainpower – what do the analytic capabilities of retailers and suppliers look like to optimize this complex world; and
- The virtual store – how real will the experience be when shoppers are shopping in “non-retail environments.”
Kantar Retail, as part of Kantar, and WPP will be using a number of partner companies to bring this vision to life — notably, Red Dot Square, experts in virtual reality merchandising, and WPP digital innovation agency Rockfish, which has expertise in both consumer-facing technology and retail automation technology platforms.