Finance & Capital Management

According to Sam’s Club President and CEO Chris Nicholas, the company is working to drive increased membership and expanded physical and digital capabilities while also delivering an elevated experience for its members.

The overall Consumer Price Index (CPI) dropped 0.1% but grocery inflation ticked up 0.4%. On a yearly basis, food-at-home prices came in 2.4% higher last month compared to March 2024.

For the five-week period ending April 6, sales were $25.51 billion, an increase of 8.6% over March of 2024. Net sales for the first 31 weeks of the company’s fiscal year grew 8.3% to $158.87 billion.

The warehouse club retailer plans to remodel all of its approximately 600 locations across the country as a strategic growth investment.

Kroger spent more than $1 billion throughout its ill-fated journey toward merging with Albertsons.

The company named Anurag Mantri as president, while V.S. Mani, executive director, and global chief financial officer announced early retirement.

WBA's U.S. Retail Pharmacy segment had second quarter sales of $30.4 billion, an increase of 5.3% from the year-ago quarter.

Brian Newman has been named executive vice president and chief financial officer designate, while Amy Compton-Phillips, MD, is the company’s new executive vice president and chief medical officer.