WASHINGTON – Inflation and the Federal Reserve’s efforts to bring it under control will remain big factors in the economy this year, according to National Retail Federation Chief Economist Jack Kleinhenz.“With the U.S.
Thirty years ago, Canadians got their first taste of Walmart’s every day low prices as the retailer launched with 122 stores across the country. Today, Walmart is proud to celebrate 30 years as part of the fabric of Canada: a story of partnership, integrity, growth, innovation and regeneration.
ARLINGTON, Va. – Insights revealed today from FMI – The Food Industry Association, Oliver Wyman and Circana demonstrate new opportunities for food industry trading partners to cater to shoppers’ expanding definitions of value.
NEW YORK – Sales of store brands increased $10.1 billion to a record $236.3 billion last year compared to 2022, according to PLMA’s just-released 2024 Private Label Report. That represents a 4.7% rise in dollar sales in all outlets from Jan. 1 to Dec.
Tthe Federal Trade Commission has sued to block a proposed merger between grocery giants Kroger and Albertsons, saying the $24.6 billion deal would eliminate competition and lead to higher prices for millions of Americans. The FTC filed the lawsuit in U.S. District Court in Oregon on Monday.
Personal financial well-being can impact how consumers approach everything from budgeting for big purchases to their grocery lists.
According to published reports, shares of Walgreens Boots Alliance (WBA) traded lower on Wednesday in the premarket after S&P Dow Jones Indices announced the latest changes to its famous Dow Jones Industrial Average (DJI), removing the U.S. pharmacy chain from the 30-stock index.
BENTONVILLE, Ark – Walmart Inc. posted revenue growth of 5.7% in the fourth quarter, including a 4% comp sales gain in its Walmart U.S. division. “Our team delivered a great quarter, finishing off a strong year,” chief executive officer Doug McMillon said in a statement.
Ahold Delhaize reported solid results for its fourth quarter and 2023 fiscal year, with full-year sales and earnings per share in line with expectations. Fourth quarter net sales were €23.0 billion ($24.65 billion), up 1.9% at constant exchange rates and down 1.4% at actual exchange rates.
In January 2024, U.S. retail sales, including both discretionary general merchandise and consumer packaged goods (CPG), were flat in both units and revenue compared to the same month last year.
With an estimated revenue of USD 40.72 billion in 2024, the OTC pharmaceuticals market in the US is projected to experience a compounded annual growth rate of 3.52% from 2024 to 2028.
WASHINGTON – Retail sales showed a strong beginning for the year in January, nearly matching December’s busy holiday spending and rising significantly year over year, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail Federation.
CHICAGO – Vibes, the intelligent mobile engagement platform, has announced the findings from its comprehensive annual Consumer Insights survey for 2024.
DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) chief executive officer Tim Wentworth announced Thursday updates to WBA’s Executive Committee as the company advances a health services strategy rooted in its retail pharmacy footprint.
Walgreens Boots Alliance (WBA) announced this week that it has sold shares of Cencora, Inc.
CVS Health topped analysts’ forecasts for fourth quarter sales and profits, but cut its full year earnings outlook, citing rising medical costs that are hurting the insurance industry. Revenue for the three months ended December 31 climbed 11.9% from the year-ago period to $93.
