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Retail News

WBA to participate in J.P. Morgan Healthcare Conference

WBA to participate in J.P. Morgan Healthcare Conference

DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) said that chief executive officer, Tim Wentworth, and interim global chief financial officer, Manmohan Mahajan, will present at the 42nd Annual J.P. Morgan Healthcare Conference in San Francisco, California on Monday, Jan. 8, at 8:15 a.m. PST.

Rite Aid agrees to bankruptcy mediation

Rite Aid agrees to bankruptcy mediation

On Tuesday Rite Aid got court approval for a bankruptcy loan that would let the company borrow an additional $200 million, while agreeing to enter mediation with committees representing junior creditors and people who have accused the company of contributing to the U.S. opioid epidemic.

Costco tops sales, earnings expectations in Q1

Costco tops sales, earnings expectations in Q1

Costco Wholesale Corp. on Thursday reported first-quarter sales and earnings results that beat Wall Street estimates. The company posted net sales of $56.72 billion for the 12-week fiscal first quarter ended November 26, an increase of 6.1% from the $53.

NRF debuts Center for Retail Sustainability

NRF debuts Center for Retail Sustainability

WASHINGTON – The National Retail Federation announced this week the launch the NRF Center for Retail Sustainability, which will serve as the industry’s hub to support retailers’ efforts to generate economic value while creating net positive environmental, social and community benefits.

MMR honors outstanding retail leaders

MMR honors outstanding retail leaders

Chain Drug Review’s sister publication, MMR held a gala reception Tuesday night to honor recipients of its “People Who Made a Difference” awards and its “Most Influential Women” awards. The reception, held in Manhattan, drew retailer and supplier executives from across the country.