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LEADING HEADLINES

Rite Aid bankruptcy plan approved

Rite Aid bankruptcy plan approved

NEW YORK — Last week a U.S. bankruptcy judge approved Rite Aid’s restructuring plan, allowing the pharmacy chain to cut its debt by $2 billion and turn over control to a group of lenders. U.S. Bankruptcy Judge Michael Kaplan approved Rite Aid’s bankruptcy plan at

Meijer celebrates its 90th anniversary

Meijer celebrates its 90th anniversary

GRAND RAPIDS, Mich. — Family-owned retailer Meijer is celebrating its 90th anniversary with more than 500 Meijer supercenters, grocery stores, neighborhood markets, express locations, and distribution and manufacturing facilities throughout six Midwest states operated by more than 70,000 team members. Amidst the Great Depression in 1934,

Video Forum: Sally Lyons Wyatt, Circana, Part 1

Video Forum: Sally Lyons Wyatt, Circana, Part 1

Sally Lyons Wyatt, global executive vice president and chief advisor for consumer goods and foodservice insights at Circana, tells this week’s Video Forum about the state of American consumers in an inflationary environment. She also discusses changing shopping patterns, the robust performance of store brands,

Meijer doubles milk discount for SNAP participants

Meijer doubles milk discount for SNAP participants

GRAND RAPIDS, Mich. — Retailer Meijer is doubling down on the milk discount it offers to SNAP program participants (up to 40% off any brand or size of skim or skim milk) in an ongoing effort to expand access to healthy foods and beverages. Meijer

Walgreens and TradeBeyond enhance sourcing practices

Walgreens and TradeBeyond enhance sourcing practices

SAN DIEGO – Supply chain management solution provider TradeBeyond said Friday that Walgreens Boots Alliance (WBA) Global Sourcing has selected its industry-leading multi-enterprise platform to optimize and standardize the company’s operations across its retail brands and to leverage more innovative and agile sourcing practices.  The TradeBeyond

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RETAIL NEWS

Pricer signs agreement for Pricer Plaza with tier 1 retailer

STOCKHOLM — A large Tier 1 North American grocery retailer has signed an agreement with Pricer’s partner JRTech Solutions for the cloud-based platform Pricer Plaza, which allows for in-store automation and communication. The rollout of Pricer Plaza and electronic shelf labels within the initial 50 stores

Dr. Reddy’s to acquire Nicotinell from Haleon

INDIA — Dr. Reddy’s Laboratories has announced that its subsidiary Dr. Reddy’s Laboratories SA will acquire Haleon’s global portfolio of consumer healthcare brands in the Nicotine Replacement Therapy (NRT) category outside of the United States through purchase of shares of Northstar Switzerland SARL. The portfolio

WBA misses estimate for third quarter earnings

DEERFIELD, Ill. —Walgreens Boots Alliance Inc.’s third quarter earnings missed projections and the company cut its full-year profit outlook. Citing a “difficult” environment for shoppers and pharmacies, WBA announced plans to shutter a ‘significant’ number of underperforming stores. Adjusted earnings per share of 63 cents

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SUPPLIER NEWS

The Weather Company and OFF launch mosquito forecast

ATLANTA — The Weather Company and its flagship consumer brand, The Weather Channel, has announced its partnership with OFF! to bring local mosquito forecasts to The Weather Channel app. Launched in the U.S. in 2022, Brazil in 2023, and Canada in 2024, OFF!Cast Mosquito Forecast predicts

Novo Nordisk to build a facility in Clayton, NC

DENMARK — Novo Nordisk will invest $4.1 billion to build a second fill and finishing manufacturing facility in Clayton, North Carolina. The move will help the company grow its ability to produce current and future injectable treatments for people with obesity and other serious chronic

Kenvue releases inaugural healthy lives mission report

SKILLMAN, N.J. — Kenvue Inc. has released its first-ever Healthy Lives Mission Report and shared how the Company advanced the well-being of both people and planet in 2023. “We recognize that human health is inseparably linked to environmental health and our commitment to everyday care

Advil and Major League Pickleball announce multi-year partnership

NEW YORK — Major League Pickleball by Margaritaville (MLP) and Advil have announced Advil as the Exclusive and Official Pain Reliever of MLP in a multi-year partnership agreement. Under the agreement, Advil will serve as the title sponsor of the Advil Targeted Relief MLP Mid-Season

Boston Celtics World Champions visit Gillette’s World Shaving Headquarters

BOSTON — Today Gillette hosted Boston Celtics stars and World Champions Derrick White, Al Horford and Payton Pritchard at the Company’s World Shaving Headquarters to honor the team’s record–breaking 18th World Championship title with a ‘championship shave’ celebration and $75,000 in charitable donations. While at Gillette,

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