U.S. retail sales advance in July despite the economy's strong but moderating growth
“July’s retail sale figures mirror the strength in the economy, which continues to expand even though there are pressures on growth,” Jack Kleinhenz said.
Retail News
Walmart posts 4.8% revenue gain in second quarter
Walmart's consolidated revenue for the quarter ended July 31 increased 4.8%, to $169.3 billion. Operating income grew faster — up 8.5% — and global eCommerce increased by 21%.
Mike Fruth starts scholarships at Ohio Northern University for Pharmacy students
The scholarship will provide two $1000. Awards each years and is being funded by Mike Fruth, a pharmacy graduate of Ohio Northen University.
Flu shots now available at all GIANT and MARTIN'S pharmacies
“Flu vaccinations are reformulated each year as the flu virus changes, which is why it’s so important for all ages to get flu shots annually,” said Leigh Shirley, director of pharmacy operations, The GIANT Company.
O'Toole named VP of pharmacy services at Ahold Delhaize USA
She has more than 24 years of experience with the companies of Ahold Delhaize USA.
CVS Health Foundation, City Center join forces
All organizations are located at City Center in Fresno under one roof.
Rite Aid to close all stores in Michigan
The latest list of store closures in Michigan submitted in bankruptcy court in recent days marks the pharmacy's complete exit from the state as it continues with bankruptcy court proceedings.
Target names Amy Tu Chief Legal and Compliance Officer
Tu will take over from Don Liu, who recently announced his retirement and will transition into a strategic advisory role through May 2025.
Racher Press changes corporate name to retailmediaIQ
The company in recent months has significantly augmented its capabilities to better meet the needs of its audience and business partners.
Hy-Vee leads the way with Food is Medicine program
Over the past year, Hy-Vee has been leveraging its role as a grocer and a pharmacy to build a Food is Medicine program unlike any other in the industry.
Walgreens testing more small-format concept stores
Small-format store assortments are curated to the neighborhood and offer mostly Walgreens-brand products in the health and wellness categories vs. the wider assortment of products found in their typical store.
Gearing up for the 2024 NACDS Total Store Expo
NACDS looks forward to welcoming small, mid-sized and large companies nationwide for this annual, one-of-a-kind event — which gives members an exclusive opportunity to connect, collaborate and expand their professional networks.
Optimove Holiday Shopping Report reveals 67% of consumers will have ‘marketing fatigue’ by November
At the same time, the report notes a rise in consumer confidence and underscores that brand loyalty remains steadfast.
Back-to-school spending spurs retail sales in July
“July’s data reflects what we are seeing across the economy, that while consumers remain cautious, they are still spending on essentials when they find value,” NRF President and CEO Matthew Shay
Kroger celebrates Vitacost.com milestones with discounts
Vitacost is celebrating its 30-year anniversary in the health and wellness business and 10 years since joining the Kroger Family of Companies.
NRF releases 2024 list of Hot 25 Retailers
The National Retail Federation has announced the 2024 Hot 25 Retailers List. Produced by Kantar, the list highlights the fastest-growing retailers in the U.S., with rankings determined by each company’s year-over-year increase in domestic sales from 2022 to 2023.