Circana launches Passport+
CHICAGO – Circana, formerly IRI and The NPD Group, today announced the launch of Passport+, unleashing outsize growth for small to midsize CPG companies through comprehensive data, insight, and reporting solutions.
Retail News
Walmart reports strong Q1 results
BENTONVILLE, Ark. – Walmart said Thursday that revenue increased 7.6% to $152.3 billion in its first quarter, topping Wall Street expectations. The company also raised its fiscal 2024 forecast; management now expects consolidated net sales will rise about 3.5% this year.
CVS celebrates fifth anniversary of milestone Beauty Mark initiative
Five years ago, CVS Health embarked on a mission to pass a healthier self-image on to the next generation with the introduction of its trailblazing Beauty Mark initiative – a commitment to lead industry change around transparency in beauty and educate consumers on the difference between authentic an
Proof announces nationwide expansion of Unders line into CVS
LOS ANGELES – The innovative powerhouse period underwear brand, Proof, has announced the expansion of their more affordable collection, Unders by Proof, into CVS. This Women’s Health Month, Unders by Proof will officially hit shelves at over 3000 CVS stores and online at cvs.
Target reports first-quarter earnings
Target Corp. said sales increased 0.5% in its first quarter, with strength in everyday essentials offsetting continued softness in sales of discretionary items. Beauty was Target’s quarter’s best-performing category in the quarter to April 29, with sales growing in the mid-teens from a year earlier.
Mesmerize expands reach in pharmacy and grocery locations with Higi partnership
Mesmerize has announced a new partnership with Higi, a Modivcare service and consumer health engagement company.
NRF reports retail sales rose in April
WASHINGTON – Retail sales bounced back in April, showing both month-over-month and year-over-year growth, the National Retail Federation said Tuesday.
Jennifer Aniston’s hair care brand LolaVie announces first retail partnership with Ulta Beauty
LolaVie, Jennifer Aniston’s plant-powered, science-perfected hair care brand, announced its partnership with the nation’s largest beauty retailer, Ulta Beauty, marking its first entry into brick and mortar.
Kearney Consumer Institute issues Q2 2023 briefing
CHICAGO – Today global management consulting firm Kearney’s consumer think tank, the Kearney Consumer Institute (KCI), releases its Q2 2023 briefing on corporate transparency, Blank space: the transparency disconnect The report looks into the complicated relationship consumers have with brand trans
Circana: Discretionary retail spending down 7% in April
CHICAGO – In April 2023, discretionary U.S. general merchandise retail sales revenue fell 7%, compared to April 2022, and unit sales fell 8%.
Price hikes across 10 popular grocery categories in U.S. and Europe
ST. PETERSBURG, Fla.– For the first quarter of 2023, prices in several food and personal care categories topped the overall rate of inflation in the U.S. and Europe, according to the Catalina Shopping Basket Index.
AWS unveils Amazon Aurora I/O-Optimized
Amazon Web Services (AWS) announced on Friday Amazon Aurora I/O-Optimized, a new configuration for Amazon Aurora that offers improved price performance and predictable pricing for customers with input/output (I/O)-intensive applications.
WBA sells shares of AmerisourceBergen Corp. for $694 million of initial proceeds
Walgreens Boots Alliance (WBA) announced Friday that it has sold shares of AmerisourceBergen Corp. common stock pursuant to variable prepaid forward transactions executed in reliance on Rule 144 of the Securities Act of 1933, as amended, for current proceeds of approximately $644 million.
Meijer opens new supercenter in Elkhart, Indiana
Meijer opened a new supercenter in Northern Indiana on Thursday, bringing its state-of-the-art retail experience, featuring multiple ways to shop, to customers in Elkhart. The 159,000-square-foot store at 2500 Cassopolis St., brings a one-stop shopping experience to Elkhart-area customers.
NIQ launches ‘Connected Collaboration’ with Rite Aid
CHICAGO – Nielsen IQ (NIQ) announced Thurday the launch of its Connected Collaboration platform, powered by Rite Aid data assets and NIQ’s leading data science and software.
Ahold Delhaize reports strong Q1 sales
Ahold Delhaize reported better-than-expected first-quarter sales, driven by strong performances by its U.S. businesses. The company’s U.S. operations, which include the Food Lion, Stop & Shop, Hannaford Bros., the GIANT Co. and Giant Food chains, posted net sales of €13.5 billion ($14.