Christine LaFave Grace

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Articles by
Christine LaFave Grace

Page 9
Retailers

Walmart Adds Retired AT&T CEO to Board

Randall Stephenson, who retired in July as AT&T's chief, becomes the 12th member of Walmart's board.

Stores

Grocers, General-Merchandise Stores Added Jobs in February

Food and beverage stores posted modest job gains as general-merchandise stores recovered some of the jobs shed in January.

Transparency, trust and timeliness will be more important than ever, says iTradeNetwork CEO Rhonda Bassett-Spiers.

Differentiation in fresh starts with helping consumers make the meals they want to make.

Target reports $15 billion sales growth in 2020—more than in previous 11 years combined—as it looks toward more small-format stores, new sortation centers and expanded grocery assortment for pickup in 2021.

Promoted from SpartanNash's Martin's Super Markets brand, McClellan will be tasked with developing an assortment strategy and growth plans for the company's fresh product categories.

Smart investments in talent, tech and operational efficiencies will help offset expected moderation in sales, CEO Tony Sarsam says.

"I see it as my responsibility as a decision-maker to cater to the needs that I can see and amplify products from diverse suppliers that can fill those unique gaps for our customers," Freeman says.

The Consumer Brands Association and a supply-chain trade group are calling for a national Office of Supply Chain as the president is expected sign an executive order calling for review of critical supply chains.

Black workers account for only 7% of private-sector managers, the McKinsey & Co. report notes, and nearly three-quarters of Black retail workers make less than $30,000 a year.

Former Whole Foods co-CEO Walter Robb is a backer of the Chicago-based concept, which announced the close of a $42 million investment round.

Consumers eating and preparing more foods at home sought flexible meal and snack options, and the frozen aisle was ready to open its doors, AFFI's and FMI's new "Power of Frozen 2021" report indicates.

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