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RETAIL NEWS

  • Bloomberg: Target resumes selling Amazon gadgets

    Target has resumed selling Amazon.com's tablets and e-readers on its website and plans to bring them back to its stores. (Bloomberg)

  • Publix reports a 2.1% sales boost in Q2

    LAKELAND, Fla. -- Publix’s sales for the second quarter of 2016 were $8.1 billion, a 2.1% increase from last year’s $8 billion. Comparable-store sales for the second quarter of 2016 increased 1.1%. 

    The company says sales were negatively impacted by 1.2% due to the effect of the Easter holiday being in the first quarter in 2016. In 2015, the effect of the Easter holiday was in the second quarter.

  • Retailers, suppliers putting ‘FLONH’ into practice

    Retailers and suppliers are in the midst of a strategy shift in the consumable aisles. As consumers increase their focus on the role that diet plays in health care, retailers and suppliers are retooling their strategies to emphasize fresh, local, organic, natural, healthy products — something that Kantar Retail calls the FLONH effect.

    (To view the full Category Review, click here.)

  • Target to sell subscription-based Harry's razors

    MINNEAPOLIS -- Target says it will begin selling Harry’s razors, the subscription-based shaving company that has more than 2 million members.

    In a statement on its Bullseye View blog, the retailer says "the mission behind Harry’s, the popular men’s grooming brand co-founded by entrepreneurs Jeff Raider and Andy Katz-Mayfield, has a lot in common with our own: Expect More. Pay Less."

  • Costco's July comps slide 2%

    ISSAQUAH, Wash. -- Costco's comparable-store sales for the month of July declined 2%, with a 3% decrease in U.S. a 3% rise in Canada and other decreases internationally.

  • DIR fees, 4 big factors bring down Fred's July sales, expected Q2 earnings

    MEMPHIS, Tenn. — Fred’s on Thursday reported sales for the four-week period ending July 30. The company’s total sales were $154 million, a 7% drop from the $165.6 million the company brought in for the same period in 2015. Comparable-store sales also dropped 4.6%, compared to a 0.7% increase in July 2015. 
     

  • Weis Markets begins aggressive expansion into Baltimore market

    SUNBURY, Pa. - Weis Markets on Thursday announced it has converted and reopened five former Mars Super Markets as Weis Markets stores located in Baltimore County, including two locations in Dundalk and individual units in Essex, Arbutus and Carney.

  • Health Dialog, RediClinic name new CFO

    BOSTON - Jeff Fields, a veteran financial executive with significant health care experience, is joining Health Dialog, a leading provider of population health management services, and RediClinic, a leading operator of convenient care clinics, as chief financial officer.

    Fields will be responsible for the fiscal management of both RediClinic and Health Dialog as they continue to grow in the total population management services and retail health care markets. He will report to Web Golinkin, CEO of Health Dialog and RediClinic.

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