Sears closing another 40 stores early next year
Sears, which owns Kmart alongside its flagship retail brand, announced this week that 40 more Kmart and Sears stores will close in the near future.
Business
Piping Rock ranked as leading Long Island workplace
Piping Rock Health Products, manufacturer of Nature’s Truth vitamins and supplements and top-selling aromatherapy products, has been voted one of Long Island’s top workplaces.
Consumers taking charge of their own health says IRI study
Eating organic food, using natural home remedies, taking vitamins and disinfecting homes are just a few ways in which consumers are taking control of their own health and getting a handle on rising health care costs, according to an IRI report.
Research shows consumers adopting tech-driven purchasing habits
Citi Retail Services (CRS) announced the results of its third-annual nationwide study on evolving consumer shopping trends during the holiday season. The survey of 1,000 U.S.
Cardinal Health reports Q1 results for fiscal year 2019
Cardinal Health reported first quarter fiscal year 2019 revenues of $35.2 billion, an increase of 8%. The company also reported growth in GAAP operating earnings of 211% to $816 million and a decrease in non-GAAP operating earnings of 11% to $542 million.
Peapod predicts busiest online days between Nov. 18 and Dec. 27
Peapod says that savvy shoppers are expected to flock to online grocery delivery to help during a particularly busy time of year when food is at the heart of so many celebrations. Based on prior years’ sales trends, Peapod predicts the week leading up to Dec. 25 to be its busiest week of the
CVS earnings beat Wall Street projections
Strong gains in the pharmacy retail business helped CVS Health beat analysts’ third quarter earnings and revenue expectations. The company also announced on Tuesday that it anticipates the $69 billion Aetna deal to close before Thanksgiving.
Retail clinics are driving in-store purchases reports Civis Analytics
Civis Analytics, a data science firm that empowers organizations to make smarter, faster decisions grounded in statistical facts, released new research that explores demographics and motivations of retail clinic patients, and how these visits impact spending behavior in the retail portion of the sto
Kroger brings Geoffrey’s Toy Box to stores for holiday season
Kroger Co. announced today a partnership to bring Geoffrey’s Toy Box exclusive brands to nearly 600 Kroger family of stores across America for the 2018 holiday season.
Holiday shoppers hooked on fast and free shipping
Fast and free shipping return as holiday shopper favorites, according to Deloitte’s 33rd annual “Holiday Survey” of consumer spending intentions and trends.
Laboratories Expanscience acquires Babo Botanticals
Babo Botanicals, a U.S. based, botanically-infused mineral skin care brand for babies and adults headquartered in Scarsdale, New York, has been acquired by Laboratories Expanscience, a family-owned French pharmaceutical and dermo-cosmetics company that specializes in skin health.
Premium candy sweetens U.S. chocolate market
Leading market research firm Packaged Facts estimates total retail dollar sales of the U.S. chocolate candy market will reach $23 billion in 2018, with sales increasing at a compound annual growth rate (CAGR) of more than 2% between 2013 and 2018.
Amazon reports third quarter profits
Amazon reported a profit of $2.9 billion — $5.75 per share — in its third quarter, up from $256 million a year earlier, as revenue rose 29% to $56.6 billion. Analysts expected Amazon to post earnings of $3.12 per share on $57.1 billion in revenue.
Noted: The Greeting Card Expo set for May 2019
The Greeting Card Association (GCA) announced that after a strong response from GCA members, the application process for Noted: The Greeting Card Expo, is now open to non-members who want to exhibit at this new Expo, May 18-20, 2019 in Brooklyn, N.Y.
A.T. Kearney study shows consumers would try a legal cannabis therapeutic product
Recent research by A.T.
The Toy Insider names top toy trends for the holidays
The Toy Insider, one of the toy industry’s most influential organizations and a trusted go-to resource for parents and gift-givers, today revealed the top seven trending toy themes, giving consumers an inside look at the hottest categories and hand-picked favorites that are sure to be bestsellers th