A shifting focus toward smaller retail formats and the strong U.S. dollar influenced Planet Retail’s list of the Top 25 Global Retailers, on which Walmart, Costco and Carrefour took the top three spots, respectively.
Several transparently marketed seafood products and a sourdough pasta have been honored with 2015 Natural Products Expo West NEXTY awards, which recognize standout innovations in the natural products space.
Target’s sale of its pharmacy business to CVS Health, which would operate Target’s 1,660 in-store pharmacies under the CVS/pharmacy banner, would allow Target to sharpen its focus on “reinventing food” while benefiting from increased traffic and sales, said Target chairman and CEO Brian Cornell during a call with investors Monday.
While both Millennials and Baby Boomers share an interest in health and wellness products, the two age groups greatly differ in the ways they shop and the specific foods and product attributes they seek, according to a consumer survey by AlixPartners.
Albertsons Market opened a new 53,727-square-foot store in Alamogordo, N.M., this month that merchandises more than 2,000 international and imported SKUs, a 300-SKU gluten-free section, expansive bulk foods department and features a wine steward and the only full-service Starbucks in town.