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.
CHICAGO – Consumer demand is declining across nearly every U.S. discretionary general merchandise and consumer packaged goods (CPG) industry, even as elevated prices recede from peak levels.
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.
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.
CHICAGO – Discretionary U.S. general merchandise retail sales revenue fell 4% in February 2023, when compared to February 2022, and unit sales were down 5%.
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.
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.
After two successful flavor introductions to the Girl Scout Cookie inspired lineup in the past year, GNC and Girl Scouts of the USA (GSUSA) are turning it up a notch in 2023 with an all-new, limited time flavor launch.
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.
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.
ROCHESTER, N.Y.– Wegmans Food Markets recently announced introduction of industry-leading, enhanced in-store pharmacy auxiliary aids and accessibility options for customers with sensory disabilities, including persons who are Deaf or hard of hearing and/or persons with visual impairments.
Walmart announced its plan to close its final two locations here, at the end of March following underwhelming financial results. “We have nearly 5,000 stores across the U.S. and unfortunately some do not meet our financial expectations,” the corporation said in a statement.
DEERFIELD, Ill. – As part of the Walgreens Boots Alliance (WBA) purpose, more joyful lives through better health, the company has launched its fiscal year 2022 ESG report, detailing WBA’s impactful efforts that are making a difference in thousands of communities around the world.
The state of California will not renew a $54 million contract with Walgreens over the chain’s decision to not dispense abortion pills in some states where abortion remains legal, Gov. Gavin Newsom’s (D) office announced this week.
WASHINGTON – Walmart maintains its No. 1 position on the National Retail Federation’s latest list of the Top 50 Global Retailers. Conducted by Kantar, the 2023 list ranks the world’s most impactful retailers based on their operations at the beginning of 2022.
CHICAGO – Following their merger in August 2022, Information Resources, Inc. (IRI) and The NPD Group (NPD) has unveiled a new combined company name and brand identity: Circana. Circana is the leading advisor on the complexity of consumer behavior.
