Circana: Beauty sales jump 15% in first half
CHICAGO – Following a robust 2022, the beauty industry has sustained its momentum through the first half of 2023, according to Circana.
Retail News
CVS to begin selling Biomerica’s EZ Detect colorectal disease screening test in stores
Biomerica announced on Thursday that CVS Pharmacy has begun in-store sales rollout of the Company’s EZ Detect colorectal disease screening test in over 7,000 stores nationwide throughout the CVS Pharmacy retail system.
Walmart tops FORTUNE Global 500 list once again
FORTUNE announced that U.S. retailer Walmart topped the Fortune Global 500 list for 2023, ranking the world’s largest corporations by revenue for fiscal 2022. On Fortune’s authoritative ranking of the (current) corporate world order, the Arkansas-based retailer claimed No.
Grocers atop latest Hot 25 Retailers list
WASHINGTON – Grocery retailers occupy the top two spots on a ranking of the fastest-growing U.S. retailers in 2022.
Dollar General Literacy Foundation donates $1 million to Dolly Parton’s Imagination Library
GOODLETTSVILLE, Tenn. – The Dollar General Literacy Foundation (DGLF) announced a $1 million donation to Dolly Parton’s Imagination Library.
dunnhumby study finds U.S. families skipping meals for financial reasons
Thirty-six percent of U.S. families have skipped meals due to financial reasons in the last year according to the fourth wave of the dunnhumby Consumer Trends Tracker (CTT) released Wednesday.
CVS beats Q2 revenue and profit forecasts
CVS Health topped Wall Street’s estimates for the top and bottom lines for the second quarter ended June 30. Revenue, driven by growth across segments, rose 10.3% to $88.9 billion, exceeding analysts’ forecast of an $86.45 billion. While adjusted earnings dipped 12.6% from the year-ago period to $2.
Justin Mennen departs Rite Aid
Justin Mennen, EVP and chief digital and technology officer is leaving Rite Aid, effective immediately. Mennen, a seasoned technology and digital leader with more than 20 years of technology leadership experience, was named Rite Aid’s senior vice president and chief information officer in 2018.
CVS cutting 5,000 jobs across the company
CVS Health is cutting 5,000 jobs, according to an article Monday in the Wall Street Journal, that cites a staff memo.
Walgreens announces vaccine and testing appointments in preparation for fall respiratory virus season
Walgreens is offering flu and respiratory syncytial virus (RSV) vaccination appointments nationwide. Individuals ages 3 years and older can receive a flu shot, and eligible individuals ages 60 years and older can receive an RSV vaccine.
London Drugs continues to meet patients’ needs
Looking back on 2022, it was a year of continued hard work managing vaccines but also one of excitement and new opportunities, recalls Chris Chiew, general manager of pharmacy and healthcare innovation at London Drugs.
Chain Drug Review, Drug Store News and The Emerson Group join forces to honor NACDS’ 90th anniversary
In an unprecedented partnership, Chain Drug Review, Drug Store News, The Emerson Group and MMR are joining forces to celebrate the contributions of the National Association of Chain Drug Stores and community pharmacy retailers, as NACDS celebrates its 90th anniversary.
Dollar General chief strategy officer Lau departs
Donnie Lau has left his position as senior vice president of finance and chief strategy officer at Dollar General to become chief financial officer at Zaxby’s Franchising LLC, an Athens, Ga.-based chicken restaurant chain with more than 900 locations in 17 states.
Walgreens Boots Alliance announces CFO transition
DEERFIELD, Ill. – Walgreens Boots Allianc (WBA) today announced the departure of James Kehoe, Executive Vice President and Global Chief Financial Officer. Mr. Kehoe will leave WBA in mid-August to pursue an opportunity in the technology sector.
Walmart+ adds travel benefit for members
Walmart is adding travel deals and discounts as an extra perk for its Walmart+ members. The retailer has introduced a new travel portal — WalmartPlusTravel.com — where Walmart+ members book holiday getaways get Walmart Cash rewards.
Kroger Health launches revamped savings program
Kroger Health, the healthcare division of The Kroger Co. announced the launch of its revamped Kroger Health Savings Club (KHSC), a membership program developed with the goal of providing members and their families with savings on commonly prescribed medications.