April 22, 2017 by Scot Meyer and Chain Drug Review
credit card industry, credit card swipe fees, Mallory Duncan, MasterCard, National Retail Federation, retail industry, Supreme Court, Visa
2017, Issue 04-24-2017, Issues, News
WASHINGTON — Two recent Supreme Court decisions offered good news to retailers regarding their ongoing fight over the fees they pay on credit and debit card transactions. Late last month the Supreme Court declined to hear an appeal that sought to reinstate a $7.25 billion antitrust settlement of price-fixing charges against MasterCard Inc. and Visa
February 15, 2017 by Chain Drug Review
Brian Cornell, President Donald Trump, retail industry, Retail Industry Leaders Association, RILA, Stefano Pessina, Target Corp., video, Walgreens Boots Alliance
Leading Headlines, Videos
WASHINGTON — Promoting his economic platform with business leaders, President Donald Trump today met with top retail executives at the White House. Focusing on Trump’s plank of job creation, simplification of the tax code and reduced regulatory red tape, the Wednesday morning meeting was a scheduled event with the Retail Industry Leaders Association (RILA). The
April 16, 2016 by Greg Jacobson and Chain Drug Review
Amazon, Andrew Cuomo, Costco, Jerry Brown, minimum wage, retail industry, Walmart
2016, Business, Issue 04-18-2016, Issues, Leading Headlines, News, Retail News
NEW YORK — Within hours of each other, the governors of California and New York recently signed bills that will eventually raise the minimum wage in their states to $15. The moves have intensified debate over the possible implications for the retail industry, which relies heavily on workers with low skills who typically receive comparatively
February 8, 2016 by Scot Meyer
Alex Gourlay, J.C. Penney, Lee Culpepper, Myron Ullman, National Retail Federation, NRF, retail industry, Retail's Big Show, Walgreens, Walmart
2016, Issue 02-08-2016, Issues, News
NEW YORK — Walgreen Co. was among the firms honored by the National Retail Federation at the trade association’s convention here last month. Walgreens was named Retail Innovator of the Year at the NRF’s convention and expo, dubbed Retail’s Big Show. According to NRF, the award is given annually to “a company that is well
December 7, 2015 by Jeffrey Woldt and Chain Drug Review
chain drug stores, drug chains, Jeffrey Woldt, mass retailing, retail industry
2015, Issue 12-07-2015, Issues, Opinion
The retailing business in the United States may have reached an inflection point during the period around Black Friday, traditionally seen as the start of the holiday selling season. While reports from different sources about retailers’ performance during the last week of November don’t neatly align, the consensus is that e-commerce continues to gain ground
February 18, 2015 by Chain Drug Review and Chain Drug Review
BDO Retail Compass Survey of CFOs, retail industry, retail sales
CDR Blog
Retailer chief financial officers are modestly optimistic about the retail industry’s sales growth prospects for 2015, according to accounting and professional services firm BDO USA LLP. The BDO Retail Compass Survey of CFOs, which polled 100 CFOs at leading retailers nationwide, forecasts a 3.9% gain in total retail sales and a 3.7% increase in same-store
February 16, 2015 by Jeffrey Woldt and Chain Drug Review
Ahold USA, Amy Hahn, CVS/pharmacy, Delhaize America, Food Lion, Food Marketing Institute, Helena Foulkes, Indra Nooyi, Irene Rosenfeld, Jeffrey Woldt, Joan Toth, Judy Sansone, Karen Fondu, Kathee Tesija, L’Oréal Paris, Meg Ham, Michelle Gloeckler, Mondelez International, Network of Executive Women, PepsiCo, retail industry, Target, Walmart
Issue 02-16-2015, Opinion
Many of the boldface names in the retail and consumer products sectors belong to women. Helena Foulkes is president of CVS/pharmacy, the drug chain where Judy Sansone is chief merchant. Kathee Tesija holds the latter position at Target, and Michelle Gloeckler runs Walmart’s consumables business and heads up the company’s U.S. Manufacturing initiative. Delhaize America
January 13, 2015 by Chain Drug Review and Chain Drug Review
mobile pay, mobile technology, mobile wallets, retail industry, smartphones, store networking, Wi-Fi, wireless
CDR Blog
Technology headlined a lot of the news coming out of this year’s National Retail Federation Big Show Expo in New York City, and perhaps none more so than mobile and wireless technology and its implications for retailers. A survey by payment technology provider Verifone provided some brow-raising insights about consumers and mobile technology at retail. Of more