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A collection of the latest CG industry news. 

CBD: What's It All Mean, Anyway?

Despite growing consumer demand, a lack of clear regulation is keeping traditional players out of the market.

Bill Boltz

Lowe's Shakes Up Leadership Under New CEO

Lowe's this week announced sweeping changes to its c-suite, including the elimination of two chief positions and the addition of two new executive vice president roles.

Sam’s Club in September implemented a chain-wide ban on pallet base wraps as part of a larger strategy to simplify its business.

Best Buy has unveiled a new logo for the first time in nearly 30 years in conjunction with a brand refresh supported by a marketing campaign highlighting the retailer’s culture, expertise and employees.

Best Buy last month stopped accepting new members to both of its video game loyalty programs, the free Reward Zone Gamers Club and its paid tier, Gamers Club Unlocked (GCU).

Kevin Hourican

CVS/pharmacy promoted Kevin Hourican to president of the company’s retail business Monday. Hourican has been acting as interim executive vice president of CVS Health and president of CVS/pharmacy since the February departure of Helena Foulkes.

In response to price pressure from e-commerce giant Amazon, Costco is asking its suppliers to lower their prices in categories ranging from televisions to personal care items.

Walmart has recruited two women from outside its operations to take on top executive roles.

Just For U

Albertsons Cos. is implementing its Just for U loyalty program across all its banners.​​​​​​​

Walmart has moved around several senior managers in its U.S. division to critical growth areas like e-commerce and food.

Walmart's Marybeth Hayes is departing in January 2019 after a decade with the retailer.

Joe McFarland

Lowe's late Friday named yet another former JCPenney and Home Depot executive to its leadership team.

Best Buy and Amazon are expanding their voice shopping partnership to add voice-exclusive deals via Alexa-enabled devices.

More than 100 Love’s Travel Stops across the U.S. now feature a store-within-a-store concept dubbed the “Mobile to Go Zone.” The objective was to drive incremental comparable store sales by turning a stagnant apparel area into a stylish and interactive place to capture sales in a high-growth category.

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