Rite Aid sues DOJ to stop opioid lawsuit
Rite Aid has reportedly filed a lawsuit to stop the U.S. Department of Justice from proceeding with a lawsuit against the company over its alleged involvement in nation’s opioid crisis.
Retail News
Walgreens stores to close for Thanksgiving holiday
DEERFIELD, Ill. – On Thanksgiving Day, most Walgreens locations will be closed. Nearly all 700 Walgreens 24-hour locations will remain open on Thanksgiving to help meet the healthcare needs of our customers.
Walmart tops estimates for earnings, revenue
Walmart today topped estimates for its fiscal third-quarter earnings on strong grocery sales and the gains in its e-commerce business. The retailer posted net income of $453 million, or 17 cents a share, in the 13 weeks to October 27. That compares to a $1.
Walgreens: Staying mindful of respiratory illness ahead of the holidays
With many Americans planning to resume travel and in-person gatherings for the holidays this year, we may see a spike in cases of respiratory illnesses following the Thanksgiving holiday and as we move further into the winter season. Walgreens continues to track activity across our flu and COVID-19.
Loblaw’s profits rise as grocery, drug store sales continue to climb
Loblaw Cos. announced today its unaudited financial results for the third quarter ended October 7, 2023. The company delivered another quarter of strong operational and financial results as it continued to execute on retail excellence.
PLMA 2023: 5 trends from the exhibit floor
PLMA’s 2023 Private Label Trade Show was a phenomenal success. A record 1,685 exhibitors showcased the hottest new products, flavors, packaging, ingre More than 13,000 exhibitors, retailers and other visitors experienced the excitement of the largest event for store brands in North America.
Circana debuts Complete Beauty
CHICAGO – Circana, formerly IRI and The NPD Group, today announced the launch of Complete Beauty. Complete Beauty provides a holistic view of the U.S. beauty industry across the mass and prestige channels based on actual, retailer-reported sales data.
Target’s Q3 earnings exceed expectations
Target Corp. today posted better-than-expected earnings for its fiscal third quarter despite another decline in comparable-store sales. Shoppers remain cautious, the company said, but did spend for necessities like food, school supplies and beauty aids.
Healthpilot teams with Albertsons
Healthpilot, a leading health care technology company, announced a new partnership with Albertsons Cos. Through this collaboration, Albertsons customers will gain access to Healthpilot’s AI-powered platform, allowing them to explore a range of Medicare plans from major insurance carriers.
ObvioHealth and Chemist Warehouse partner to power clinical trial efficiency in Australia
ObvioHealth, a virtual research organization (VRO) delivering stronger clinical evidence through tech-enabled trials, and Chemist Warehouse, Australia’s largest chain of retail pharmacies, announced a partnership today to bring more efficient and convenient clinical trials to Australia.
Amazon leads grocers in personalization, dunnhumby reports
A “special edition” of the dunnhumby Retailer Preference Index (RPI) places Amazon, H-E-B, and Kroger atop the latest rankings of grocery retailers in terms of their abilities to personalize shopping experience to best serve shoppers.
Amazon’s Buy with Prime kicks off the holiday season
Amazon’s Buy with Prime, a benefit that allows millions of U.S.
Hy-Vee’s retail stores will be closed Thanksgiving Day
Hy-Vee announced today that its more than 550 retail business units will be closed for Thanksgiving Day so that the company’s 75,000 plus employees across its eight-state region can enjoy the holiday with friends and family. On Nov.
CNBC/NRF partner on retail data report
WASHINGTON – The National Retail Federation (NRF) and CNBC announced the launch of their new monthly “CNBC/NRF Retail Monitor,” powered by Affinity Solutions, and the release of October 2023 retail sales data.
Walgreens making changes in leadership
Walgreens Boots Alliance is once again making leadership changes and trimming its corporate staff. In yet another round of layoffs, 267 corporate level workers will lose their jobs, representing 5% of the company’s total corporate workforce, according to a memo obtained by Crain’s Chicago Business.
WBA sells shares of Cencora for $674 million of initial proceeds
DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) announced that it has sold shares of Cencora, Inc.