ALDI plans to add 800 stores by the end of 2028
ALDI, already known for its rapid growth, has unveiled plans to increase its store count by 800 locations across the country by the end of 2028.
Retail News
Circana report reveals private brands surge amidst inflation
Circana has released a new report on the state of private brands (also referred to as store brands or private labels). Despite high inflation, private brands have experienced growth, surpassing $217 billion in sales in the United States market.
Family Dollar teams up with Ibotta to create next generation digital offer program
Ibotta, a leading performance marketing platform, today announced that Family Dollar has joined the Ibotta Performance Network (IPN), the first digital network that delivers promotions in a coordinated fashion across retailer platforms, large third-party publisher sites, and Ibotta’s leading direct-
Consumer and merchant groups urge Congress to reject bill delaying action on swipe fees
WASHINGTON – More than 60 national and state organizations representing consumers and merchants today called on Congress to reject legislation introduced by Rep. Blaine Luetkemeyer, R-Mo., that would delay the Federal Reserve’s proposal to reduce the regulated rate for debit card swipe fees.
Kroger’s Q4 earnings beat expectations
Kroger reported flat sales for the fourth quarter and fiscal year ended February 3, but profits beat expectations. The retailer reported a $736 million profit on sales of $37.1 billion for the three-month period. Kroger noted that identical sales (excluding fuel decreased 0.
Target to add paid membership program
As part of a revamp of its customer loyalty program, Target is launching a new paid membership program called Target Circle 360.
Rite Aid to divest majority of Health Dialog assets
Rite Aid Corp. today announced that it has entered into an asset purchase agreement (APA) for the partial sale of its Health Dialog business to Carenet Health (Carenet), a provider of healthcare engagement, clinical support, telehealth and advocacy solutions.
Rite Aid, Bartell Drugs offer extra dose of updated COVID-19 vaccine for customers over 65
PHILADELPHIA– Rite Aid recently announced that appointments are now available for eligible customers ages 65 and older seeking an additional dose of the updated COVID-19 (2023-2024) vaccines at its locations, including Bartell Drugs locations in the Pacific Northwest.
Target’s earnings top expectations, but sales lag
Target reported fourth-quarter sales and earnings that beat analyst expectations, boosting its shares in pre-market trading. But total sales for the year declined, the company said. Target reported that GAAP and adjusted earnings per share of $2.98 was 57.
Kinney Drugs names Katie Niles VP of merchandising and marketing
GOUVERNEUR, N.Y. – Kinney Drugs announces the selection of Katie Niles as vice president of Merchandising and Marketing. Niles comes to the company with nearly 20 years of experience in pharmacy, clinical services, and category management at Wegmans Food Markets based in Rochester, NY.
NRF Economist: Inflation remains key
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.
Walmart Canada celebrates 30th anniversary
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.
CVS and Walgreens to begin selling abortion pills
CVS Health Corp. and Walgreens Boots Alliance Inc. said Friday they will begin to offer the abortion pill mifepristone in select states starting this month. The drug-store chains will offer the medication by prescription only at their pharmacies in states where’s it’s legally allowed.
ZitSticka announces nationwide retail expansion into CVS Pharmacy
ZitSticka, the science-based skincare brand specializing in effective acne-fighting technology to provide clear skin and acne-free solutions, announces today its expansion into CVS Pharmacy stores nationwide and online at www.cvs.com.
Walgreens to close all VillageMD clinics in Illinois
Walgreens‘ Village MD, free-standing clinics that offer virtual, home and office visits, will leave the Illinois market in April. VillageMD is majority owned by Walgreens Boots Alliance, and it has six clinics in the state.