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Poll: Drug stores among favorite place to buy groceries
NEW YORK — A recent poll of U.S. millennial, gen X and Baby Boomer consumers found that traditional retail categories are increasingly blurring, and more and more shoppers are turning to drug stores to buy groceries.
Retail design firm King Retail Solutions conducted the fall 2013 study among more than 1,200 consumers.
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Sluggish sales at Walmart, profit outlook lowered
BENTONVILLE, Ark. — Bad weather and a reduction in food stamps led to weaker-than-expected sales at Walmart and Sam’s Club, which — combined with greater than expected international expense — prompted an uncharacteristic preannouncement from the company that fourth quarter profits would be worse than expected.