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Whole Foods reveals name, president of new smaller-concept stores

BY Antoinette Alexander

AUSTIN, Texas — Whole Foods Market has revealed the name of its new smaller-store concept slated to begin opening in 2016. Enter 365 by Whole Foods Market.

The new stores will offer convenience and everyday low prices on natural and organic products.

Jeff Turnas, a 20-year Whole Foods Market veteran, will serve as president of 365 by Whole Foods Market and will be based at the company’s headquarters in Austin. Turnas has held various leadership positions on both the product and operations fronts, including president of the company’s North Atlantic Region, and most recently as president of its U.K. Region.

“We are excited to introduce 365 by Whole Foods Market to bring healthy foods to even more communities with a fresh, quality-meets-value shopping experience that’s fun and convenient,” Turnas said. “A modern, streamlined design with innovative technology and a carefully curated product mix will offer an efficient and rewarding way to grocery shop.”

He added, “For the past 37 years, we have built our company by leading with high-quality standards and continuous innovation. We are now excited for the next evolution to extend our offerings to a broader audience in a way that complements our successful Whole Foods Market brand.”

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Infographic highlights Hispanic shoppers’ power at the register

BY David Salazar

HACKENSACK, N.J. — Acosta Sales and Marketing released an infographic on Thursday highlighting the large impact that Hispanic consumers have at the grocery store. The data comes from the company’s “Why Behind the Buy” shopper survey from 2014 and 2013. 
 
According to the graphic, 73% of Hispanic consumers use digital means for their grocery shopping, compared to the 60% of the total U.S. consumers who do. When Hispanic shoppers do go to the grocery store, they don’t just enjoy it more (though 74% said they do, some 16 percentage points higher than the total respondents), they also spend more time there — 53.2 minutes, on average, compared to the national 49.9 minutes. 
 
Hispanic shoppers also spent about $30 more ($360) on their groceries than the average respondent in the U.S. It’s also likely, based on the Acosta data, that the importance of Hispanic consumers will grow over time, as 38% of Hispanic respondents expect an increase in their household income next year, 15 percentage points more than the 23% of total respondents who expect to have more money next year. 
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‘Nine dangerous growth ideas’ to kick off NACDS TSE

BY DSN STAFF

Seth Rogin, chief revenue officer at Mashable, talked about engaging millennials at the one-day summit co-hosted by Mack Elevation Forum and Drug Store News during last year’s NACDS TSE in Boston.

 
The action in Denver will start a day before the opening of the NACDS Total Store Expo, as Drug Store News and the Mack Elevation Forum team up to once again to host a special one-day thought leadership event on Aug. 21.
 
Developed in the tradition of the TedX conference series, “Nine Dangerous Growth Ideas” will challenge attendees to think differently about brand building, breaking through to today’s consumer, why “share of heart” matters in the currency of the new economy, how mobile and social are changing the rules, and what’s next in a totally connected, global retail world.
 
Speakers include:
  • Beth Stiller, group VP retail brands and global sourcing of Walgreens;
  • Meg Columbia-Walsh, global lead of digital innovation and marketing excellence at Ernst & Young;
  • Bryan Gildenberg, chief knowledge officer at Kantar Retail;
  • Ryan Olohan, head of health care at  Google;
  • Karuna Rawal, EVP business lead at Arc/Leo Burnett Group;
  • Marc Landsberg, president/COO at Social Deviant;
  • Greg Kahn, advisor at Internet of Things Consortium; and
  • Gary Preston, CEO of Preston Partners.
“People need to attend and take time from their busy schedules to gain fresh insights and ideas from cutting-edge experts in their related fields to help grow your business,” DSN publisher Wayne Bennett said. “We also strive to provide an environment for industry leaders and those interested in gaining new ideas that matter to your business and a place where you can learn what’s next and stay ahead of the competition.”
 
For registration information, visit theelevationsummit.com. For sponsorship opportunities, contact Wayne Bennett at wbennett@drugstorenews.com.

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