WBA chair Pessina will almost double stake as part of Sycamore deal
Pessina will also deepen his involvement in the group ahead of a possible break-up, the FT said.
Retail News
Circana: Retail spending steady as consumer uncertainty grows
Retailers and manufacturers face an increasingly complex landscape influenced by inflation, tariffs, weather conditions, and political developments.
NRF: Data shows consumers are apprehensive despite healthy economic fundamentals
“Lower-than-expected consumer spending in the first couple of months of the year likely reflected payback for very strong spending in the fourth quarter and weather-related events since then,” NRF's Kleinhenz said.
Beauty trends: Disruption and stabilization
U.S. prestige beauty industry dollar sales grew by 7%, year over year, to reach $33.9 billion in 2024, according to Circana.
WE helps open doors for the next generation
During a virtual panel discussion themed Accelerate Action Advancing Women Leaders in Health and Wellness, industry pacesetters shared their experiences.
Kroger announces new round of job cuts
Kroger's second layoff wave in a month follows nationwide non-store position cuts in February, though specific figures weren't disclosed.
CVS Weight Management program helps improve outcomes while also lowering costs
“The CVS Weight Management program is a clinically rigorous solution that helps optimize the effectiveness of GLP-1s for weight loss for those that use them."
Kinney Drugs highlights need for colorectal screenings during March
March is Colorectal Cancer Awareness Month.
DG narrowly tops fourth-quarter earnings estimates
Profits hampered by a portfolio review and store closings.
CVS Health is the first company in the U.S. to earn menopause-friendly accreditation
This new accreditation shows how organizations can support employees navigating midlife health changes.
RILA warns tariffs may strain household budgets and U.S. businesses
RILA warns that stacked tariffs might unintentionally raise the costs of everyday household goods.
RFK Jr moves to close FDA food safety loophole
The initiative seeks to revise the FDA’s “Generally Recognized as Safe” (GRAS) Final Rule.
Rite Aid Pharmacists have prescriptive authority for hormonal contraceptives in New Jersey
In line with state guidelines, Rite Aid enhances access to contraceptive care
Kroger creates new e-commerce Unit to accelerate online growth
Yael Cosset to lead as chief digital officer.
CVS to open smaller, pharmacy-focused stores
The new stores will average under 5,000 square feet, less than half the size of a typical CVS. Twelve stores are set to open in the U.S. next year.
The implications of Sycamore Partners’ blockbuster acquisition of WBA
The acquisition aims to reinforce Walgreens, Boots and other consumer brands by leveraging WBA’s health care expertise and Sycamore’s strength in retail.