Hy-Vee gives $50,000 in grants to local minority- and women-owned businesses in Minneapolis
Hy-Vee, Inc. awarded $50,000 to local minority- and women-owned businesses during the Hy-Vee OpportUNITY Inclusive Business Summit at U.S. Bank Stadium.
Retail News
Vitamin Angels expands global impact in 2022
Vitamin Angels, a public health nonprofit working to improve maternal and child nutrition worldwide, successfully expanded its multiple micronutrient supplementation (MMS) – also known as prenatal vitamins and minerals – programs globally in 2022.
Joan Eliasek named new president of McKesson Canada
McKesson Canada announced the appointment of veteran executive Joan Eliasek as president of McKesson Canada. Eliasek succeeds Rebecca McKillican who has led the company since August 2020.
Walgreens acquires Medly Health
Walgreens confirmed Wednesday it has purchased Medly Health, a digital pharmacy business, which could lead to the closure of all 22 Pharmaca Integrative Pharmacies.
CVS to buy Oak Street Health
CVS Health and Oak Street Health have entered into a definitive agreement under which CVS Health will acquire Oak Street Health in an all-cash transaction at $39 per share, representing an enterprise value of approximately $10.6 billion.
Walgreens looks to expand diverse suppliers through upcoming virtual summit
DEERFIELD, Ill. – Walgreens announced Wednesday that it will hold a Supplier Diversity Summit, a virtual showcase for diverse businesses and entrepreneurs to share their retail offerings.
Hy-vee opens two new stores in Wisconsin
Hy-Vee, Inc. announced the opening of two new stores in Wisconsin expanding its footprint in the state to eight stores. The Janesville store is a totally reimagined grocery store with a new layout, the sixth of its kind for the retailer’s eight-state footprint.
Albertsons launches digital health, wellness platform
Albertsons Cos. today announced the launch of Sincerely Health, a digital health and wellness platform accessible on 16 of its banners’ grocery app and websites, including Albertsons, Safeway, Vons, Shaw’s, Jewel-Osco, and Acme.
Walmart names new chief people officer
Walmart has named Judy Werthauser as executive vice president and chief people officer. In this role, she will lead the people strategy within Walmart U.S.
Amazon’s 4Q revenue tops expectations
SEATTLE – Amazon on February 2 reported revenue of $149 billion for its fourth quarter, beating estimates with a 9% increase from a year earlier.
Kroger delivery expands to South Florida
Kroger announced the opening of a new spoke facility in South Florida. Joined by the local community, Kroger celebrated the expansion of the delivery service and welcomed 90 new associates.
NRF economist offers upbeat forecast for 2023
WASHINGTON – Despite inflation and high interest rates, National Retail Federation chief economist Jack Kleinhenz is predicting that a recession is unlikely and the economy will see slight growth in 2023.
Bed Bath & Beyond closing 87 more stores
Bed Bath & Beyond said today it is closing an additional 87 stores, as the retailer seeks to consolidate its assets ahead of a possible bankruptcy filing. The company confirmed the closures in a statement, adding it was also closing all Harmon health and beauty store locations.
GNC and GHOST continue to glow up with exclusive launch
PITTSBURGH – Holistic health is being redefined and for many consumers that definition includes skincare and beauty support. Within GNC’s curated assortment of science-backed products is a portfolio stocked with collagen, beauty supplements, women’s health supplements, and skincare solutions.
Deloitte looks at the future of the consumer
The consumer industry is facing a once-in-a-century economic, social and technological transition amid a backdrop of significant challenges. To that end, Deloitte recently completed an extensive, 18-month-long effort studying the industry.