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Rite Aid defeats Centene lawsuit on all counts

Rite Aid defeats Centene lawsuit on all counts

On May 22, 2023, a Delaware jury dismissed each of Centene’s claims against Rite Aid in a case originally filed in 2019 relating to usual and customary pricing practices. As a result, Rite Aid faces no liability for any financial damages in the matter.   The suit, filed by a group of health

Circana launches Passport+

Circana launches Passport+

 CHICAGO – Circana, formerly IRI and The NPD Group, today announced the launch of Passport+, unleashing outsize growth for small to midsize CPG companies through comprehensive data, insight, and reporting solutions.

Walmart reports strong Q1 results

Walmart reports strong Q1 results

BENTONVILLE, Ark. – Walmart said Thursday that revenue increased 7.6% to $152.3 billion in its first quarter, topping Wall Street expectations. The company also raised its fiscal 2024 forecast; management now expects consolidated net sales will rise about 3.5% this year.

Target reports first-quarter earnings

Target reports first-quarter earnings

Target Corp. said sales increased 0.5% in its first quarter, with strength in everyday essentials offsetting continued softness in sales of discretionary items. Beauty was Target’s quarter’s best-performing category in the quarter to April 29, with sales growing in the mid-teens from a year earlier.

Kearney Consumer Institute issues Q2 2023 briefing

Kearney Consumer Institute issues Q2 2023 briefing

CHICAGO – Today global management consulting firm Kearney’s consumer think tank, the Kearney Consumer Institute (KCI), releases its Q2 2023 briefing on corporate transparency,  Blank space: the transparency disconnect The report looks into the complicated relationship consumers have with brand trans

AWS unveils Amazon Aurora I/O-Optimized

AWS unveils Amazon Aurora I/O-Optimized

Amazon Web Services (AWS) announced on Friday Amazon Aurora I/O-Optimized, a new configuration for Amazon Aurora that offers improved price performance and predictable pricing for customers with input/output (I/O)-intensive applications.