Discount

The TJX Companies, Inc. Reports Q4 and Full Year FY24 Results; Q4 Comp Store Sales Growth of 5%, Pretax Profit Margin, and Diluted EPS All Above Plan; Expects to Increase Dividend by 13% and Buy Back $2.0 to $2.5 Billion of Stock in FY25

Retrieved on: 
Wednesday, February 28, 2024
Fashion, Footwear, Retail, Discount, Variety, Department Stores, Specialty, TJX, Total, TJX Companies, Growth, Calendar, Translation, HomeGoods, TK Maxx, Movement, Fiscal, HomeSense

Net sales for fourth quarter and full year Fiscal 2024 are for the 14-week and 53-week period ended February 3, 2024.

Key Points: 
  • Net sales for fourth quarter and full year Fiscal 2024 are for the 14-week and 53-week period ended February 3, 2024.
  • This was above the Company’s plan due to a higher merchandise margin as well as expense leverage on the above-plan sales.
  • The higher merchandise margin includes a larger-than-expected benefit from lower inventory shrink expense, lower freight costs, lower markdowns, and better markon.
  • Net interest income benefitted fourth quarter Fiscal 2024 pretax profit margin by 0.1 percentage point versus the prior year.

Gopuff Partners with the White House to Fight Hunger, Commits to Donating 10 Million Pounds of Food to Communities in Need

Retrieved on: 
Tuesday, February 27, 2024
Public Policy, Government, White House, Federal Government, Supermarket, Convenience Store, Food, Beverage, Online Retail, Discount, Variety, Retail, Feeding America, Multimedia, SNAP, Organic, Vegetable, Greater Boston Food Bank, Hunger, EBT, USDA

Gopuff today announced it's doubling down on its commitment to combating food insecurity by donating 10 million pounds of food to communities in need and joining the White House Challenge to End Hunger .

Key Points: 
  • Gopuff today announced it's doubling down on its commitment to combating food insecurity by donating 10 million pounds of food to communities in need and joining the White House Challenge to End Hunger .
  • View the full release here: https://www.businesswire.com/news/home/20240227058968/en/
    Gopuff today announced it's doubling down on its commitment to combating food insecurity by donating 10 million pounds of food to communities in need and joining the White House Challenge to End Hunger.
  • (Photo: Business Wire)
    “Food access, affordability and insecurity are critical issues in our communities,” said Rafael Ilishayev, co-founder and co-CEO of Gopuff.
  • In joining the White House Challenge to End Hunger and Build Healthy Communities, Gopuff commits to:
    Donating 10 million pounds of food to local food banks and charities across the United States by 2027 to help combat food insecurity through food rescue efforts.

Utz Unveils New Mixed Minis Pretzels

Retrieved on: 
Tuesday, February 27, 2024
Discount, Variety, Department Stores, Supermarket, Specialty, Convenience Store, Restaurant, Bar, Food, Beverage, Retail, Online Retail, Honey, Utz Brands, Snack, Utz, Sea salt, Garlic butter, Multimedia, Tea

Utz® , a leading U.S. salty snack food brand, is pleased to introduce its newest addition to its ever-growing lineup of snack food offerings with Utz Mixed Minis Pretzels.

Key Points: 
  • Utz® , a leading U.S. salty snack food brand, is pleased to introduce its newest addition to its ever-growing lineup of snack food offerings with Utz Mixed Minis Pretzels.
  • View the full release here: https://www.businesswire.com/news/home/20240227034831/en/
    Try the new Utz Mixed Minis Pretzels, they’re delicious!
  • Available in on-the-go 4-ounce and 12-ounce take-home sizes, Utz Mixed Minis Pretzels continues with the brand’s commitment to providing high-quality snacks that deliver on the promise of freshness and flavor.
  • Share what you love about the new Utz Mixed Minis Pretzels on Facebook , Instagram , and TikTok , using @utzsnacks and Mike’s Hot Honey on Facebook , Instagram , and TikTok using @mikeshothoney.

Walmart Leadership to Participate in Upcoming Investor Events

Retrieved on: 
Monday, February 26, 2024
Men, Other Retail, Online Retail, Family, Discount, Variety, Supermarket, Consumer, Food, Beverage, Fashion, Retail, Other Consumer, Women, Home Goods, CST, Walmart, Bank, Conference, WMT, Inc., Management

Walmart Inc. (NYSE: WMT) announced today that company leadership will participate in upcoming investor events.

Key Points: 
  • Walmart Inc. (NYSE: WMT) announced today that company leadership will participate in upcoming investor events.
  • March 5: Raymond James Institutional Investors Conference – Steph Wissink, senior vice president of investor relations and Kary Brunner, senior director of investor relations will participate in meetings.
  • March 13: UBS Global Consumer and Retail Conference – Steph Wissink, senior vice president of investor relations and Kary Brunner, senior director of investor relations will participate in meetings.
  • April 10: Wolfe Research Spring Small Group Conference – Walmart Investor Relations will participate in virtual group meetings.

Gymnast Suni Lee Teams Up with BATISTE to Unveil Innovative Haircare Launch Supporting Busy and Active Lifestyles

Retrieved on: 
Monday, February 26, 2024
Other Consumer, Women, Cosmetics, Licensing (Sports), Retail, Teens, Convenience Store, Gymnastics, Family, Bridal, Online Retail, Consumer, Discount, Variety, Department Stores, General Sports, Other Communications, Sports, Other Retail, Communications, Love, Marketing, Freedom, Partnership, System, Perspiration, Sunisa Lee, Suni

BATISTE™ , the leader in dry shampoo, proudly announces its partnership with gymnast Suni Lee to launch two new products, Sweat-Activated and Touch-Activated Dry Shampoo.

Key Points: 
  • BATISTE™ , the leader in dry shampoo, proudly announces its partnership with gymnast Suni Lee to launch two new products, Sweat-Activated and Touch-Activated Dry Shampoo.
  • This collaboration merges the BATISTE brand’s innovative approach to haircare and Suni Lee’s dynamic lifestyle on her journey toward competing for the US Team again in 2024.
  • "BATISTE is thrilled to work with Suni Lee, an athlete renowned for her talent and dedication in gymnastics.
  • "Our new Sweat-Activated and Touch-Activated Dry Shampoos support active and busy lifestyles like Suni’s, ensuring hair looks clean and smells fresh, regardless of busy schedules."

Family Dollar Stores, LLC, and U.S. Department of Justice Resolve Investigation into Operations at Family Dollar’s Distribution Center in Arkansas

Retrieved on: 
Monday, February 26, 2024
Other Consumer, Discount, Variety, Other Retail, Public Policy, Government, Convenience Store, Food, Beverage, White House, Federal Government, State, Local, Consumer, Retail, DLTR, Investment, Record, FDA, Biophysical environment, Family, Dollar Tree, Ethics, Tree, DOJ, Family Dollar, Certification, Environment

Since then, Dollar Tree and Family Dollar have fully cooperated with the DOJ’s investigation.

Key Points: 
  • Since then, Dollar Tree and Family Dollar have fully cooperated with the DOJ’s investigation.
  • “When I joined Dollar Tree’s Board of Directors in March 2022, I was very disappointed to learn about these unacceptable issues at one of Family Dollar’s facilities.
  • In addition to Family Dollar initiating a voluntary recall of all FDA-regulated products shipped from DC 202 and decommissioning the site, Dollar Tree and Family Dollar have significantly enhanced and continue to strengthen compliance and safety programs and capabilities.
  • Dollar Tree recently announced that Family Dollar plans for operations to return to West Memphis, Arkansas, with a fully reimagined and refreshed distribution center.

Walgreens Boots Alliance Names Lanesha Minnix Executive Vice President and Global Chief Legal Officer

Retrieved on: 
Monday, February 26, 2024
Legal, Pharmaceutical, General Health, Health, Specialty, Professional Services, Discount, Variety, Retail, University, Pharmacy, EVP, Multimedia, ELC, Marketing, Shell USA, MBA, WBA, Executive Committee, K&L Gates, Ecolab, Walgreens Boots Alliance, Saint Louis University, ABM Industries, Flowserve, Management

Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today named Lanesha Minnix the company’s executive vice president (EVP) and global chief legal officer.

Key Points: 
  • Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today named Lanesha Minnix the company’s executive vice president (EVP) and global chief legal officer.
  • View the full release here: https://www.businesswire.com/news/home/20240226589815/en/
    Lanesha Minnix named global chief legal officer, Walgreens Boots Alliance (Photo: Business Wire)
    Minnix, who will report to WBA CEO Tim Wentworth and serve on his Executive Committee, will oversee the company’s global legal, compliance, corporate governance and corporate security functions.
  • “Lanesha is a widely respected leader and legal expert, and we are thrilled to welcome her to WBA in this important role,” said Wentworth.
  • Earlier this month, the company announced the appointment of Manmohan Mahajan as EVP and global chief financial officer, Elizabeth Burger as EVP and chief human resources officer and Mary Langowski as EVP and president, U.S. Healthcare.

Valuedynamx Powers Emirates Skywards with the Launch of “Pay with Points / Miles” Offering Via Skywards Miles Mall

Retrieved on: 
Monday, February 26, 2024
Transportation, Travel, Catalog, Online Retail, Air, Transport, Discount, Variety, Retail, Reward, Love, Flydubai, Food, Partnership, Drug

In a commitment to elevating customer loyalty experiences through innovation, Valuedynamx , a Collinson Company and leading global provider of curated, data-driven purchase rewards, is powering Emirates Skywards, the award-winning loyalty program of Emirates and flydubai, with the launch of a “pay with points / miles” redemption offering via the ‘Spend Online’ section with Skywards Miles Mall .

Key Points: 
  • In a commitment to elevating customer loyalty experiences through innovation, Valuedynamx , a Collinson Company and leading global provider of curated, data-driven purchase rewards, is powering Emirates Skywards, the award-winning loyalty program of Emirates and flydubai, with the launch of a “pay with points / miles” redemption offering via the ‘Spend Online’ section with Skywards Miles Mall .
  • This redemption offering provides a convenient way for Emirates Skywards members to use their Miles to spend on more everyday options.
  • Emirates Skywards members can now spend rewards with globally recognized brands they know and love.
  • Valuedynamx already powers Skywards Miles Mall earning opportunity where loyalty members can earn Miles seamlessly while making purchases with their favorite brands.

Hanshow Unveils Pioneering Green Retail Innovations at EuroCIS 2024

Retrieved on: 
Wednesday, February 28, 2024
Green Technology, Food, Beverage, Home Goods, Cosmetics, Environment, Retail, Artificial Intelligence, Sustainability, Convenience Store, Software, Supply Chain Management, Online Retail, Hardware, Electronic Design Automation, Discount, Variety, Department Stores, Technology, Other Retail, Supermarket, E Ink, Intel, Multimedia, SVP, Job satisfaction, Growth, ESL, Longevity, Movement, IOT, Microsoft, Polaris, Sales

Hanshow, a leader in retail technology innovation, today unveiled a series of Green Store Solutions, designed to accelerate the retail industry towards a sustainable future.

Key Points: 
  • Hanshow, a leader in retail technology innovation, today unveiled a series of Green Store Solutions, designed to accelerate the retail industry towards a sustainable future.
  • Complementing this new product, Hanshow has also released a comprehensive Green Digitalization Report alongside tech partners Microsoft, Intel, and E Ink.
  • To push the boundaries of what is possible in retail further, Hanshow integrates GenAI technology into its digital retail Solutions, enhancing operational efficiency and customer experiences.
  • "Hanshow is proud to be at the forefront of the movement towards a greener, more digital future for retail," said Liangyan Li, SVP and Head of Global Sales at Hanshow.

Dollar General Opens 20,000th Store

Retrieved on: 
Saturday, February 24, 2024
Retail, Convenience Store, Other Retail, Discount, Variety, Supermarket, Specialty, Food, Beverage, Multimedia, Library, Boy, Dollar General, DG, School, History, Student

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    “Today marks an incredible milestone in Dollar General’s history,” said Steve Deckard, Dollar General’s executive vice president of store operations and development.
  • “From our first general store to today’s 20,000th store opening, our mission to serve others and help customers stretch their budget remains strong.
  • During this milestone celebration and hereafter, I encourage all Dollar General employees to feel pride in their work and to reflect upon the values that launched one of America’s most iconic companies.” Dollar General proudly employs more than 17,500 Texas employees through its store, distribution center and private fleet presence in the state.
  • The first Dollar General store opened nearly 70 years ago in Springfield, Kentucky in 1955.