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FMI releases wine sale study

FMI releases wine sale study

ARLINGTON, Va. – The Food Industry Association has released a report exploring whether newly allowed wine sales at grocery stores in Tennessee beginning in 2016 led to liquor store closures and changes in state sales tax revenues. The research was conducted by Dr.

Market Performance Group acquires Wodika Devine

Market Performance Group acquires Wodika Devine

Market Performance Group (MPG) has acquired Wodika Devine, a renowned boutique manufacturers’ representative company. The acquisition is a natural progression for MPG, which continues to expand its retailer-specific capabilities to drive success at grocery retailers nationwide.

FTI says online retail sales to hit $1.2 Trillion

FTI says online retail sales to hit $1.2 Trillion

FTI Consulting projects that U.S. online retail sales will reach $1.2 trillion in 2024, an increase of nearly 10% from last year, according to the firm’s 2024 Online Retail Report. The firm’s Retail & Consumer Products practice, which conducted analysis for the report, expects U.S.

Walgreens’ closings reflect industrywide strains

Walgreens’ closings reflect industrywide strains

Walgreens Boots Alliance has declared it will close a “significant portion” of its underperforming stores, which it says make up about 25% of the chain’s store base. Chief executive officer Tim Wentworth made the announcement during the company’s third quarter conference call last month.

Crest Scope line from OraLabs has mass appeal

Crest Scope line from OraLabs has mass appeal

Portable breath sprays and drops are another area in the oral care sector enjoying brisk sales of late. One company that is reaping the rewards is OraLabs. Founded in 1990, OraLabs operates out of an over-the-counter drug, FDA registered and audited, 115,000-square-foot manufacturing facility here.