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Rexall names new president

BY David Salazar
MISSISSAUGA, Ontario — Canadian drug chain Rexall Drugstore has new leadership, McKesson Canada president Domenic Pilla announced Friday. Beth Newlands Campbell will take the helm of the chain, effective Aug. 8, bringing with her 27 years of experience with Delhaize America and her more recent work with Canadian food retailer Sobeys.
 
“The retail pharmacy industry faces many challenges. Competitive dynamics, regulatory pressure and meeting the expectations of consumers and patients are amongst the biggest,” Pilla said. “Rexall is poised to take advantage of these challenges and lead the transformation of the sector to significantly improve health outcomes and help lower the cost of providing care in Canada. Beth is a dynamic leader with a long and proven track record of delivering business results in Canada and the United States. She brings with her a passion for creating a diverse and inclusive work environment that will engage our employees to grow our business and to serve even more customers and patients.”
 
Newlands Campbell was most recently president of Sobeys’ Atlantic/Ontario business unit. During her nearly three-decade career at Delhaize America, she worked for such banners as Hannaford and Food Lion, which she led as president. In her new role at Rexall, she will lead the company’s long-term business strategies to enhance corporate growth and strengthen its market position, reporting directly to Pilla, McKesson Canada said.
 
“I am honored and excited to become the newest member of the Rexall team,” Newlands Campbell said. “Rexall is a trusted and reliable brand with deep roots in the communities we serve. I’m looking forward to building on our existing strengths and charting a course that not only sets us apart from the competition, but also makes it even easier for patients and consumers to choose Rexall.”
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Analyst: Walmart ready for coming grocery wars

BY DSN STAFF

BENTONVILLE, Ark. — The arrival of German discount grocer Lidl and Amazon's purchase of Whole Foods Markets have ratcheted up the already intense grocery wars and put new pressure on existing players, including Walmart. But one analyst thinks the discounter is well-positioned for the battle.

Groceries already account for more than 55% of Walmart's U.S. sales. And by adding Jet.com to its portfolio in 2016, the chain has set itself up to go "toe-to-toe" with any competition — both offline and online — today, Oppenheimer & Co. analyst Rupesh Parikh said in a CNBC report.

The analyst said that Walmart's story as a retailer is “fresher than it's been in years.”

Walmart has made great strides in the grocery department recently and continues to evolve, reflected in the most recent shake-up of its food leadership team. Among the key changes: Shawn Baldwin, SVP and general merchandise manager for produce and global food sourcing, who will focus on a new initiative for Hispanic customers.

The company also has been building out its grocery delivery reach in California, according to a recent report in the Orange County Register. Walmart introduced grocery pickup in 26 stores across Inland Empire, Los Angeles and San Diego, bringing the total number of stores statewide offering the service to 36 locations. Each store will designate parking stalls for shoppers to retrieve their groceries, the report said. 

California’s stores join more than 800 Walmart's across the country that offer curbside pickup of groceries. 
 

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Costco’s sales grow 8.8% in July

BY Marianne Wilson

ISSAQUAH, Wash. — Costco Wholesale Corp. turned in a winning performance in July, fueled by strong traffic trends.

The company reported that its net sales in July rose 8.8% to $9.41 billion, compared with $8.65 billion during the similar period last year. Total company same-store sales rose 6.2%, with a 6.0% increase in the United States. Excluding the impacts from changes in gasoline prices and foreign exchange, total same-store sales rose 5.3%, and 5.5% in the U.S.

For the 48 weeks ended July 30, Costco reported net sales of $113.70 billion, an increase of 6.1% from $107.16 billion during the similar period last year.

Costco currently operates 736 warehouses, including 511 in the United States and Puerto Rico, 97 in Canada, 37 in Mexico, 28 in the United Kingdom, 25 in Japan, 13 in Korea, 13 in Taiwan, eight in Australia, two in Spain, one in Iceland and one in France. Costco also operates electronic commerce websites in the U.S., Canada, the United Kingdom, Mexico, Korea and Taiwan.

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