Month: September 2017

BJ’s Wholesale Club today announced two new websites dedicated to showcasing the value, quality and assortment of its two exclusive brands, Berkley Jensen® and Wellsley Farms®. This is the first time the company has created dedicated ecommerce sites for its exclusive brands. …

U.S. retailers are opening 4,080 more stores in 2017 than they are closing and plan to open over 5,500 more in 2018, according to a new research report from IHL Group. The three fastest growing core retail segments are mass merchandisers such as off-price retailers and dollar stores (+1,905 stores), convenience stores (+1,700 stores) and grocery retailers (+674 stores). …

Costco, one of the world’s largest retailers, has stopped doing business with a California trucking company accused of trapping drivers in debt and then using it to force them to work overtime. …

Vericool, developer of the Vericoolers®—the only high performing, sustainable cold chain packaging that performs as well as Styrofoam, announced today that it has closed $5 million in funding. The round was led by packaging investor and innovator BillerudKorsnäs AB investment company BillerudKorsnäs Venture AB. The latest round of funding will be used for capacity expansion to meet increasing demand from customers in meal subscription and pharmaceutical/life sciences industries and to expand operations in California, the Midwest and on the East Coast. …

The Kroger Co. announced the retirement of Michigan division President Jayne Homco, and the promotion of Scott Hays to succeed her. Mr. Hays currently serves as vice president of operations for the company's Fry's division. …