Costco’s 4Q results beat estimates
Costco Wholesale Corp. reported financial results for its 17-week fourth quarter and 53-week fiscal year ended September 3 that featured continued growth but at a slower pace.
Bill Schiffner
Nearly six in 10 warehouse leaders plan to deploy RFID by 2028
Zebra Technologies Corporation has released the findings of its 2023 Global Warehousing Study which confirmed 58% of warehouse decision-makers plan to deploy radio frequency identification (RFID) technology by 2028 which will help increase inventory visibility and reduce out-of-stocks.
Walgreens gets AAHP Integrative Medicine Retailer Award
The American Association of Homeopathic Pharmacists (AAHP) named Walgreens as the 2023 recipient of its Integrative Medicine Retailer Award. Accepting the award on behalf of Walgreens was Michael Wolf, senior director/divisional merchandise manager for O-T-C drugs, during a September 20 reception.
Pitney Bowes data points to strong holiday season
Consumer data released today by Pitney Bowes suggest that shoppers will buy more online this holiday season than they did last year. The firm’s BOXpoll finds that just 20% of shoppers say they expect to spend less online this year. Nearly a third of consumers plan to shop online more in 2023
Hy-Vee Pharmacies now offering updated COVID vaccines
Hy-Vee, Inc. announces today that the new, updated COVID-19 vaccines for the 2023-2024 season are now available at Hy-Vee Pharmacy locations across the Midwest. At this time, Hy-Vee is offering the updated COVID-19 vaccines to individuals ages 12+.
Kinney Drugs to celebrate 120th birthday in all stores
GOUVERNEUR, N.Y. – Kinney Drugs, a 100% employee-owned community pharmacy chain in New York and Vermont, invites members of the public to attend its 120th Birthday Celebration from 10AM to 2PM in all locations. CELEBRATION WILL INCLUDE: FREE birthday treats – 12PM until gone.
DG extends partnership with Save the Children
Goodlettsville, Tennessee – Dollar General has awarded Save the Children with the Company’s Because Kindness Matters Award and announces a $1.
NRF: Retail crime costs surpass $112 billion
WASHINGTON – An “unprecedented” level of theft cost retailers more than $112 billion when taken as a percentage of total sales in 2022, according to a survey released today by the National Retail Federation.
Bausch + Lomb launches LUMIFY EYE ILLUMINATIONS in U.S.
Bausch + Lomb Corp. announced the U.S. launch of LUMIFY EYE ILLUMINATIONS, a new line of hypoallergenic specialty eye care products scientifically developed to cleanse, nourish and brighten the sensitive eye area.
NRF Foundation announces The List of People Shaping Retail’s Future 2024
The NRF Foundation today released the names of six retail executives who will be celebrated as “The List of People Shaping Retail’s Future 2024” at the NRF Foundation Honors event in New York in January.
Video Forum: Pano Anthos, XRC Ventures
Pano Anthos, founder and managing director of XRC Ventures, tells this week’s Video Forum about how innovations by emerging technology companies will help make community pharmacies the first line of defense in health care.
WSJ: Rite Aid could close up to 500 stores as part of bankruptcy
NEW YORK – Rite Aid is negotiating with creditors over the terms of a bankruptcy plan that would include liquidating a substantial portion of its more than 2,100 drugstores, the Wall Street Journal reported on Friday, citing people familiar with the talks.
Hy-Vee launches new retail media network
Hy-Vee, Inc. officially launched its full-scale retail media network at Groceryshop 2023 this week in Las Vegas. As a disruptor in the retail media landscape, Hy-Vee RedMedia will connect brands directly with Hy-Vee’s robust and diverse customer base across multiple platforms.
CVS Health appoints Michael Mahoney to board
CVS Health Corp. has appointed Michael F. Mahoney, chairman and CEO of Boston Scientific Corporation, a global medical technology leader, to serve on the board of directors of CVS Health, effective November 1.
New milk beverages from Nestlé taste like Frosted Flakes and Eggo waffles
Nestlé is rolling out Nestlé Sensations a new series of breakfast-inspired beverages created in partnership with Kellogg to provide consumers with a delicious way to start their day or satisfy a snack craving.