SmileDirectClub is shutting down
Just months after filing for bankruptcy, SmileDirectClub announced it was shutting down its global operations and halting its teeth-aligner treatments.
Bill Schiffner
Pfizer to lay off 285 workers at Rockland campus
Pfizer said this week it plans to lay off 285 workers at its Pearl River campus in New York as the company struggles financially, in good part, due to declining demand for its COVID-19 vaccines and products, state records show. The Pfizer job cuts will begin Feb. 12 and continue through late
NRF and Appriss retail report: $743 billion in merchandise returned in 2023
WASHINGTON – Retailers have been focused on efforts to mitigate returns, as total returns for the industry amounted to $743 billion in merchandise in 2023, according to a report released this week by the National Retail Federation and Appriss Retail.
U.S. retail sales grew over 3.1% this holiday season
According to preliminary insights from Mastercard SpendingPulseTM, U.S. retail sales excluding automotive increased +3.1% year-over-year this holiday season, running from November 1 through December 24.
Two Pringles flavors come out on top globally
A recent review of top-selling Pringles flavors in every corner of the globe shows that people can agree on two things: Original and Sour Cream & Onion Pringles.
WBA to participate in J.P. Morgan Healthcare Conference
DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) said that chief executive officer, Tim Wentworth, and interim global chief financial officer, Manmohan Mahajan, will present at the 42nd Annual J.P. Morgan Healthcare Conference in San Francisco, California on Monday, Jan. 8, at 8:15 a.m. PST.
Philadelphia Flyers score a new partnership with Rite Aid
PHILADELPHIA – The Philadelphia Flyers announced national neighborhood pharmacy chain Rite Aid as a preferred partner of the club.
APhA teams with CDC to advance health equity
The American Pharmacists Association (APhA) announced today that it has entered into a contracted project agreement with CDC’s Applied Research and Evaluation Branch in the Division for Heart Disease and Stroke Prevention to accelerate the implementation of pharmacy-based strategies to advance healt
Walgreens offers tips to staying healthy during the holidays
‘Tis the season for good food, great company … and plenty of germs. That’s why whether you’re braving the crowded airport or hosting at home this year, health should be at the top of your wish list. Dr.
Rite Aid reaches settlement with FTC
Rite Aid Corp. announced Thursday that it has reached a comprehensive settlement agreement with the U.S.
Rite Aid agrees to bankruptcy mediation
On Tuesday Rite Aid got court approval for a bankruptcy loan that would let the company borrow an additional $200 million, while agreeing to enter mediation with committees representing junior creditors and people who have accused the company of contributing to the U.S. opioid epidemic.
Hy-Vee announces two concerts for 2024 Hy-Vee INDYCAR Race Weekend
Today, Hy-Vee announces that award-winning artists Luke Combs and Post Malone will lead the star-studded entertainment lineup for next summer’s Hy-Vee INDYCAR Race Weekend, July 12-14, 2024.
Yellow Wood Partners announces acquisition of Elida Beauty from Unilever
BOSTON – Yellow Wood Partners today announced a binding offer to acquire Elida Beauty, a portfolio of brands from Unilever (NYSE: UL). The Elida Beauty portfolio includes Unilever brands Q-tips, Impulse, Caress, Tigi, Timotei, Monsavon, Brut, Moussel, Alberto Balsam, and VO5.
Spirit of Gallo adds new category to portfolio
MODESTO, Calif. – Spirit of Gallo, the No. 3 spirits supplier in the U.S. by volume, announced recently that it will add a new category to its fast-growing spirits portfolio: Soju. As a result of the partnership with LOTTE Chilsung Beverage Co., Ltd.
Costco tops sales, earnings expectations in Q1
Costco Wholesale Corp. on Thursday reported first-quarter sales and earnings results that beat Wall Street estimates. The company posted net sales of $56.72 billion for the 12-week fiscal first quarter ended November 26, an increase of 6.1% from the $53.