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Holiday sales said to be strongest in six years

Holiday sales said to be strongest in six years

Holiday sales increased 5.1% to $850 billion, according to the Mastercard SpendingPulse report, which characterized the season from November 1 through December 24 as retailers’ strongest holiday period in six years.

Special K Protein Honey Almond Ancient Grains cereal debuts

Special K Protein Honey Almond Ancient Grains cereal debuts

Today Kellogg’s unveils new Special K Protein Honey Almond Ancient Grains cereal with 15g of protein per serving – which climbs to 21g of protein per serving in a single bowl when served with ¾ cup skim milk, getting women consumers well on their way to reaching the daily protein recommendation of 4

WBA names global executives

WBA names global executives

Walgreens Boots Alliance Inc. has announced three global leadership appointments. Vineet Mehra will be joining WBA as global chief marketing officer.  He will be based at corporate headquarters in Deerfield and report to WBA co-chief operating officers Ornella Barra and Alex Gourlay.

FDA’s Gottlieb issues statement on signing of Farm Bill

FDA’s Gottlieb issues statement on signing of Farm Bill

Yesterday, FDA Commissioner Scott Gottlieb issued the following statement on the signing of the Agriculture Improvement Act and the agency’s regulation of products containing cannabis and cannabis-derived compound: “Today, the Agriculture Improvement Act of 2018 was signed into law.

U.S. Farm Bill signed into law

U.S. Farm Bill signed into law

President Trump has signed the Farm Bill, which had bipartisan support in Congress, into law. The signing of the $867 billion Farm Bill removes industrial hemp from a list of federally controlled substances.

Packaged Facts reports Walmart gaining ground in groceries

Packaged Facts reports Walmart gaining ground in groceries

Walmart is the in-store grocery leader. Some 27% of in-store grocery purchasers say Walmart is the in-store retailer they get groceries from most, more than twice as many as Kroger, the next most chosen retailer, according to market research firm Packaged Facts in the report U.S.

Walgreens earnings beat Wall Street projections

Walgreens earnings beat Wall Street projections

Walgreens Boots Alliance (WBA) on Thursday reported first quarter double-digit earnings growth for fiscal 2019 that beat analysts’ expectations, while revenue fell short of forecasts. The retailer’s revenue was $33.79 billion.

Rite Aid reports fiscal 2019 third quarter results

Rite Aid reports fiscal 2019 third quarter results

Rite Aid Corp. today reported operating results for its third fiscal quarter ended December 1. For the third quarter, the company reported net loss from continuing operations of $17.3 million, or $0.02 per share, Adjusted net income from continuing operations of $14.7 million, or $0.

Rite Aid, McKesson continue partnership

Rite Aid, McKesson continue partnership

CAMP HILL, Pa. – Rite Aid Corp. and McKesson Corp.  announced an agreement to key terms that will continue the companies’ pharmaceutical sourcing and distribution partnership for an additional 10 years.