Innovative companies vie for top spot in FMItech competition
“These finalists are responding to some of the food industry’s most pressing challenges."
Retail News
Report finds holiday shoppers seeking deals and relying on credit
Coresight’s latest survey found that 52% of consumers started their holiday shopping in October this year, compared to 44% last year.
CVS Health announces leadership changes
Prem Shah will be group president and Steve Nelson was named president of Aetna.
CVS reports mixed third quarter results
Revenue tops analysts' forecasts but profits lag.
Dollar Tree CEO Rick Dreiling steps down due to health concerns; COO Mike Creedon named interim CEO
“The entire Dollar Tree team is grateful to have worked so closely with Rick. Looking forward, we are well-prepared to help both banners reach their fullest potential.
NRF study: Trump tariff proposals could cut Americans' annual spending power by $78 billion
"A tariff is a tax paid by the U.S. importer, not a foreign country. This tax ultimately comes out of consumers’ pockets through higher prices.”
PLMA’s 2024 Private Label Trade Show set to break records in Chicago
Dave Rinaldo, president at ALDI, will deliver the keynote address on Monday, Nov. 18.
Kroger teams with bitewell to launch FoodHealth scoring system to guide consumer choices
"With this expanded service, Kroger and bitewell are setting a new standard for nutrition transparency, empowering customers to gradually change the way they eat.”
Walgreens offers no-cost rapid COVID-19 and flu testing to military veterans
No-cost testing services are now available at stores across the country as part of expanded partnership with the CDC and HHS.
CVS expanding MinuteClinic primary care services to Aetna members
The services are available to certain individual plan and commercial members in Houston, San Antonio and greater Atlanta, with an eye on future expansion.
Food and beverage companies focusing on core strengths and consumer trends
According to a new report from CoBank’s Knowledge Exchange, food and beverage companies are streamlining their product portfolios by shedding brands that don’t align with their core strengths.
Amazon posts strong third-quarter results as sales climb
Amazon forecasts fourth-quarter net sales of up to $188.5 billion.
Walgreens releases Annual Flu Index to help communities monitor flu activity
The chain is encouraging vaccination now ahead of the respiratory season and the holidays.
Walgreens laying off over 250 employees as part of cost-saving strategy
The company said it is eliminating 256 support center roles, which are corporate roles.
FMI Foundation honors industry leaders with Gold Plate Awards for promoting family meals
“This national effort reflects a growing recognition of the contributions shared meals bring to human connections, communication, and overall well-being.”
Circana: Hispanic consumers drive 16% of total U.S. CPG growth
These reports highlight that Hispanics now make up 20% of the U.S. population and account for 71% of national population growth between 2022 and 2023.