NRF reports retail sales increased again in May
WASHINGTON – Retail sales rose again in May as consumers continued to spend despite economic challenges, the National Retail Federation said on Thursday.
Retail News
Rep. Miller visits Discount Drug Mart
U.S. Rep. Max Miller (R., Ohio) visited Discount Drug Mart’s corporate headquarters and distribution center, and met with Don Boodjeh, the retailer’s CEO, and other company executives.
Kroger posts sales, earnings gains in Q1
Kroger Co.’s first-quarter same-store sales and net earnings beat analysts’ projections, and the company reaffirmed its guidance for the year. Identical store sales, excluding fuel, increased by 3.5% for the quarter, topping analysts’ average forecast of a 3.27% gain.
Walgreens partners to increase diversity in cancer research
Walgreens and Freenome have established a multi-year relationship to advance clinical studies of the latter’s blood-based tests for the early detection of cancer.
Kantar reveals annual top 100 valuable brands
Apple retains its crown as the world’s most valuable brand, for the second year in a row, in the Kantar BrandZ Most Valuable Global Brands Report 2023. The latest ranking shows that the total brand value of the world’s top 100 brands now stands at $6.9 trillion for 2023. Despite a 20% drop
CVS will buy renewable energy
CVS Health will purchase zero-emission, renewable energy from Constellation Energy Corp. equivalent to the annual electricity use of its 147 stores in Michigan.
Circana: Retail spending increased 2% in May
CHICAGO – U.S. retail sales revenue rose 2% in May, according to Circana, which notes that the overall sales figure includes both discretionary general merchandise and consumer packaged goods (CPG).
Hy-Vee opens largest store
Hy-Vee Inc. has debuted a reimagined grocery store here, outside Omaha.
Walgreens partnering to provide free HIV testing
DEERFIELD, Ill. _ Walgreens is teaming up with Greater Than HIV, a public information initiative of KFF, along with health departments and community organizations, to provide free HIV testing and counseling as part of the largest National HIV Testing Day event yet.
MinuteClinic awarded sixth consecutive Ambulatory Health Care Accreditation
MinuteClinic has received its sixth consecutive Ambulatory Health Care Accreditation from The Joint Commission. Since 2006 — when it was the first retail medical clinic in the U.S.
CVS promotes Wier to VP of store brands
WOONSOCKET, R.I. _ Michael Wier has been promoted to vice president of store brands at CVS Health. He had been executive director – divisional merchandise manager for consumer health and wellness since August 2020.
Beauty Panel: Connection between wellness and beauty is beyond doubt
CVS Pharmacy couldn’t have dreamed just how impactful its Beauty Mark initiative in 2018 would be on the beauty industry. The chain announced a commitment to lead industry change around transparency in beauty and educate consumers on the difference between authentic and digitally altered photos.
NACDS Foundation set for bold change
The National Association of Chain Drug Stores Foundation — which continues to heighten its impact on the health and well-being of people through grants that support research and education — will be in the spotlight in August when, for the first time, it holds its premier fundraising event in conjun
Rite Aid names Sabatino chief legal officer
PHILADELPHIA _ Thomas Sabatino has joined Rite Aid as chief legal officer. He will play a pivotal role in the company’s strategy to help create meaningful customer, client, and member experiences for millions of Americans.
WBA sells remaining shares of Option Care Health
Walgreens Boots Alliance (WBA) announced that it has sold 10.8 million shares of Option Care Health common stock pursuant to Rule 144 for proceeds of approximately $330 million.
