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Tag: Age

Minimum Advertised Price : A Must-have for Brands in Today’s Digital Age

In the past decade, retail has evolved rapidly, opening numerous new opportunities for brands and retailers. Technology has further pushed the boundaries of retail and has given way to e-commerce adoption – further accelerated by COVID-19 in the past few months. With technology at their fingertips, today’s shoppers are informed and are constantly comparing prices …

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PriceSmart in store expansion | Chain Store Age

Get great content like this right in your inbox. Subscribe PriceSmart keeps expanding its portfolio.   The membership warehouse club operator has opened a location in Liberia, Costa Rica, giving it a total of 46 locations. It is PriceSmart’s eighth store in Costa Rica. “We believe the opening is a real testament to the talents …

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Albertsons prices IPO | Chain Store Age

Albertsons Cos. is proceeding with its plans to go public. The supermarket giant, whose banners include Safeway, Vons, Acme, its namesake brand and others, announced an initial public offering of 65.8 million shares, at an anticipated price of  $18 to $20 per share.  At the midpoint of the proposed range, Albertsons would command a market value …

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Hy-Vee enters fast-casual business | Chain Store Age

Get great content like this right in your inbox. Subscribe The line between grocers and restaurants keeps blurring as the COVID-19 pandemic continues. Regional Midwestern grocer Hy-Vee Inc. is offering curbside meals-to-go via digital order at more than 200 locations companywide. Through Hy-Vee’s “Mealtime To Go” service, customers can order hot, prepared foods along with …

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Ashworth named Walgreens president | Chain Store Age

Walgreens Boots Alliance has promoted a longtime Walgreens executive to lead the chain. The company on Wednesday named Richard Ashworth president of Walgreens, a position that has been held since 2014 by WBA co-COO Alex Gourlay, who is set to focus more broadly on that role.  In his new role, Ashworth, who had been president …

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Costco strong in January | Chain Store Age

Costco Wholesale Corp. came strong out of the gate in the first month of the year. The membership warehouse club retailer reported net sales of $11.57 billion for the four weeks ended February 2, 2020, up 8% from $10.71 billion in the year-ago period. Total same-store sales (excluding the impact of gasoline and foreign exchange) …

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