Discount retailer Dollar General Corp. is looking to become a health care destination for its customers. The company has hired its first chief medical officer and is expanding its assortment of cough and cold, dental, nutritional, medical, health aids and feminine hygiene products across many of its stores. Many of the company’s 17,426 locations are in rural areas that are often underserved by other retailers as well as the existing healthcare ecosystem, according to the retailer.
Instacart has named Fidji Simo, 35, as CEO, effective Aug. 2. Simo, who joined Instacart's Board of Directors in January, is a consumer technology industry veteran, having spent more than 15 years leading the operations, strategy and product development for some of the world's leading businesses. “Simo has been the mastermind behind many of Facebook's biggest launches, including News Feed, Stories, Groups, Video, Marketplace, Gaming, News, Dating, Ads and more,” per Progressive Grocer. “Simo is also extremely active in the diversity, equity and inclusion space.”
After 16 months of allowing vulnerable seniors to shop early to limit exposure to the COVID-19 virus, Costco is eliminating its senior hours on July 26. “Walmart, Target, BJ's Wholesale Club and Aldi are among retailers still promoting special senior hours on their websites,” per USA Today. “ As more Americans are vaccinated, other stores may reduce senior hours. Trader Joe's cut senior hours at most of its stores.”
Wilson Sporting Goods is planning to set up shop on Chicago’s affluent Gold Coast with its first retail location ever, hedging its bets that “athleisure” is here to stay, even as employees start to trickle back into traditional office environments after over a year of working from home. "The store, which is expected to open July 15, will carry Wilson’s new apparel along with a selection of sporting equipment focusing on high-performance and special edition products," according to the Chicago Tribune.
Chipotle is the latest brand to offer an incentive for getting the COVID-19 vaccine. The Mexican fast-casual chain is offering buy-one-get-one free entrees July 6 from 3 p.m. to closing at participating restaurants nationwide with the purchase of an entree. The company is participating in the National Month of Action for Vaccinations. The giveaway comes as authorities are looking for ways to convince vaccination holdouts to take the plunge.
Walmart and Green Dot’s Walmart MoneyCard is now offered as a demand deposit account. Users can manage their finances digitally or at Walmart's 4,500 locations or more than 90,000 Green Dot retail distribution locations nationwide. The retailer has more than a million MoneyCard account holders across the United States and Puerto Rico. Walmart plans to add more features for demand deposit account holders in the future.
Kanye West is suing Walmart for allegedly selling a knockoff of his well-known foam shoe design. According to legal docs obtained by TMZ, West and his company, Yeezy, claim the retail giant copied his Yeezy Foam Runner and left customers confused about whether they were buying the real thing or an imitation. Walmart says the product referenced in the complaint is not directly sold by Walmart, but rather by its third party Marketplace sellers.
Bar and restaurant owners in New York are no longer allowed to serve liquor-to-go, due to the lifting of a state of emergency declaration. The change was made in part due to “vehement opposition from liquor store owners and that industry’s superior lobbying power,” per Vinepair. “With off-premise spirits sales surging to 30-year highs in 2020, and bars and restaurants enduring their most difficult period in living memory, this has surely been the hardest concession to swallow.”
Tennis star Naomi Osaka’s decision to withdraw from the French Open and take a pass on Wimbledon does not have her sponsors the least bit worried. “In decades past, this situation would be a nightmare scenario for brand sponsors,” per Fast Company. “[But] missing two Grand Slams is far from a commercial calamity for Nike, Beats by Dre, Hyperice, Sweetgreen, and Tag Heuer when sports culture is pop culture.”
Krispy Kreme priced its initial public offering at $17 a share, down from an earlier projected range of $21 to $24 a share, as it begins trading Thursday on the Nasdaq Global Select Market. It closed Thursday at $21 a share, more than 23% above its midday debut, according to Nation’s Restaurant News. The doughnut brand said Wednesday it planned to sell 29 million shares, raising about $500 million.