Target joins Haleon for second ‘All for Wellness’ campaign
The shared values of Haleon and Target Corp. have led to the launch of their second annual All for Wellness campaign advancing equitable health care.
Retail News
MinuteClinic mental health services launch in the Los Angeles metro area
MinuteClinic announced this week that it has launched mental health counseling and care services at six MinuteClinic locations in the Los Angeles metropolitan area. As recently as February 2023, more than 30% of adults in California reported symptoms of anxiety and/or depression.
Walmart releases 2023 Annual Report and Proxy Statement
Walmart issued its 2023 Annual Report and filed its Proxy Statement on Thursday in preparation for the company’s Annual Shareholders’ Meeting on Wednesday, May 31, 2023. Shareholders will be able to attend the meeting online. There will be no physical location for the meeting.
Giant Eagle and Allivet announce strategic partnership
Giant Eagle and Allivet.com, one of the nation’s leading digital pet pharmacies, have partnered to further expand Allivet.com’s PetRx platform in the retail space and offer a convenient online solution to Giant Eagle Pharmacy guests. Giant Eagle’s PetRx website (https://www.gianteaglepetrx.
Consumers shop drug stores for grocery and household items according to new study
JACKSONVILLE, Fla. – In advance of the 2023 National Association of Chain Drug Stores (NACDS) meeting later this month, a new proprietary Drug Store Channel Shopper Insights Study from Acosta Group highlights what consumers are shopping for in store and online.
Amazon unveils Anti-Counterfeiting Exchange
Amazon announced Thursday the Anti-Counterfeiting Exchange (ACX), an industry collaboration designed to make it safer to shop online and more difficult for counterfeiters to move among different stores to attempt to sell their counterfeit goods.
Rite Aid narrows loss in fourth quarter
Rite Aid reported a net loss of $241.3 million, or $4.39 per share, for its fourth quarter, compared to a net loss of $389.1 million, or $7.18 per share in the year-ago period. The adjusted net loss of $68.2 million, or $1.24 per share, was wider than the 78 cents per share expected
Salsify study sheds light on ecommerce blind spots for brands
Salsify, the platform empowering brand manufacturers, distributors, and retailers to win on the digital shelf, announced the findings of new consumer research that reveals this is the era of the store brand with 63% of shoppers choosing store brands or private labels due to their low prices.
Beyond the Bag Consortium launches largest reusable bag pilots to date
The Consortium to Reinvent the Retail Bag, managed by Closed Loop Partners, announced its largest piloting initiative to date with two reusable bag pilots in three states, with multiple retailers including Consortium Founding Partners CVS Health and Target, as well as Sector Lead Partners DICK’S Spo
Loblaw names Per Bank as new CEO
George Weston Limited and Loblaw Cos. jointly announced Tuesday the appointment of Per Bank as president and chief executive officer of Loblaw. He will formally join the company by Q1 2024.
CVS completes rollout of time delay safes in Florida, Hawaii, New Jersey and New York
CVS Health announced Tuesday that it has completed the installation of time delay safes in more than 9,000 CVS Pharmacy locations, including those in Target stores.
Walmart chief merchant to depart post next month
Walmart chief merchandising officer Charles Redfield will be stepping down from his post next month. Walmart U.S. CEO John Furner said in an employee memo on Friday that Redfield will leave the role on May 1 to spend more time with his family. He will stay on as an advisor for the
NRF reports retail sales ‘moderated’ in March
WASHINGTON – Retail sales slowed in March, but spending was still higher than the same time last year, the National Retail Federation said Friday. “Retail sales moderated in March after posting strong gains in the first two months of the year,” NRF President and CEO Matthew Shay said.
Organized retail crime a growing threat
WASHINGTON – Organized retail crime (ORC) is a big problem for the U.S. retail industry, and a new report by the National Retail Federation suggests it is getting worse.
Sam’s Club celebrates 40th anniversary
Sam’s Club is marking its 40th anniversary this month with in-club events and special deals, including the chance for first-time members to join for as little as $10. The Walmart division plans to continue the celebration throughout the year with surprises and special offers for members.
U.S. discretionary retail sales revenue fell 7% in March
CHICAGO – In March 2023, discretionary U.S. general merchandise retail sales revenue fell 7%, compared to March 2022, and unit sales fell 8%, which is double the average monthly declines in January and February.