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Walgreens Plots 1,200 Store Closures in Retail Optimization Plan

Walgreens Plots 1,200 Store Closures in Retail Optimization Plan

by Mike Duff | Oct 15, 2024 | Retail Articles

Walgreens Boots Alliance revealed it plans to close 1,200 underperforming stores as it reported fourth-quarter earnings declines in its overall and U.S. retail operations while sales gained in both segments. Walgreens’ adjusted earnings per share and sales did...
Survey Shows Consumers Are Buying Into Private-Label Value

Survey Shows Consumers Are Buying Into Private-Label Value

by Mike Duff | Aug 7, 2024 | Retail Articles

Market researcher Numerator, in its updated Private Label Trends Tracker, reported almost all households in the United States purchased private-label products in the home and garden, grocery, health and beauty and household categories during the past 12 months....
Target Augments Loyalty Program, Own-Brand Lineup

Target Augments Loyalty Program, Own-Brand Lineup

by Mike Duff | Mar 6, 2024 | Retail Articles

Target announced at its financial community meeting this week updates to its loyalty program and own-brand assortment. The own-brand move follows the launch of the Dealworthy everyday essentials label. Meanwhile, as initially discussed at the financial community...
Target Launches Low-Cost Private Label ‘Dealworthy’

Target Launches Low-Cost Private Label ‘Dealworthy’

by Mike Duff | Feb 15, 2024 | Retail Articles

As it adjusts to a customer more focused on everyday needs, Target Corp. has introduced a new low-price owned brand, Dealworthy, developed to give shoppers a break on 400 commonly purchased products. Although some emphasis was placed on consumables in the...
Numerator: Retail Faces Uncertain Consumer Setting New Priorities

Numerator: Retail Faces Uncertain Consumer Setting New Priorities

by Mike Duff | Feb 13, 2024 | Retail Articles

Market researcher Numerator, in its Visions ‘24 report based on emergent trends, identified four dynamics likely to have a significant impact on retail as consumers confront uncertainty by establishing new priorities. Numerator identifies those driving forces as...
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