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Retail News

NRF: Easter spending to hit $24 billion

NRF: Easter spending to hit $24 billion

WASHINGTON – Consumers plan to spend a collective $24 billion on Easter this year, up from $20.8 billion in 2022 and the previous record high of $21.7 billion in 2020, according to the annual survey by the National Retail Federation and Prosper Insights & Analytics.

High food inflation continues to impact consumer spending

High food inflation continues to impact consumer spending

Last year, food inflation at retail and foodservice exceeded levels reached during the Great Recession. Even with inflation currently moderating, higher food prices will continue influencing consumers’ spending and eating behaviors this year, reports Circana, formerly IRI and The NPD Group.

Andre Persaud leaves Rite Aid

Andre Persaud leaves Rite Aid

Andre Persaud, chief retail officer at Rite Aid, has left the company. Bill Miller, senior vice president of central retail operations, will serve as acting head of retail operations. Chief pharmacy officer Karen Staniforth will oversee store pharmacy operations.

Coalition opposing Kroger-Albertsons merger launches website

Coalition opposing Kroger-Albertsons merger launches website

WASHINGTON – A coalition of 100 organizations representing diverse interests from around the country have joined forces in the “Stop the Merger” campaign, a national and state-level effort to oppose the proposed $25-billion merger of grocery store chain giants Kroger and Albertsons.

Senators urge pharmacy chains to ensure abortion pill access

Senators urge pharmacy chains to ensure abortion pill access

According to published reports, almost 20 Democratic senators are calling on Walgreens to provide more details about its recently announced plans to restrict access to abortion pills in certain states and pressing other major chains to make it clear where they stand on the issue.

Circana’s Diversity Advantage Program welcomes a new cohort

Circana’s Diversity Advantage Program welcomes a new cohort

CHICAGO – Circana, the new combined company name and brand identity for IRI and The NPD Group, today announced its lineup of new participants in the company’s Diversity Advantage Program (DAP), which empowers company owners from underrepresented groups to drive business growth.

Hy-Vee to host Best of Local Brands Summit in May

Hy-Vee to host Best of Local Brands Summit in May

Hy-Vee, Inc. announces that it will host its next quarterly Best of Local Brands Summit in May to expand and enhance the product offerings at its more than 285 retail stores in Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, South Dakota and Wisconsin.

DOJ suing Rite Aid for missing opioid red flags

DOJ suing Rite Aid for missing opioid red flags

According to various published reports, The Justice Department on Monday filed a lawsuit against Rite Aid for allegedly violating the Controlled Substances Act, alleging that the company “knowingly filled unlawful prescriptions for controlled substances.