Walgreens to go private in $24 billion buyout by Sycamore Partners
The transaction, unanimously approved by the WBA Board of Directors, is expected to close in the fourth quarter of 2025.
Retail News
Kroger posts mixed Q4 results
The retailer issued a conservative outlook for the fiscal year 2025, projecting earnings of $4.60 to $4.80 per share, below estimates. Its profit was $4.47 a share in the recently completed fiscal year.
Trump gives month-long tariff reprieve to Mexico and Canada
The latest move is the third pull back in two days from Trump on his tariffs.
Soda Health teams up with Southeastern Grocers to expand smarter benefits
The partnership enables Medicaid, Medicare and other health insurance members to redeem benefits for healthy food and everyday health care items at Harveys Supermarket and Winn-Dixie.
Amazon One Medical CEO to step down
Green is leaving One Medical to become CEO of National Research Corp. (NRC Health), a provider of health-care analytics and other services, the company said.
Walgreens’ breakup brewing as $10 billion sale to go private is reportedly on the table
Negotiations are in advanced stages, with both sides looking to sign the agreement as soon as Thursday — though a last-minute hurdle could still delay or derail talks, sources told the Wall Street Journal.
NIQ Brandbank and RangeMe team to enhance product discovery for wellness categories
Through this collaboration, NIQ Brandbank’s verified product data will integrate seamlessly with RangeMe’s platform.
RILA urges Trump to prioritize renewing TCJA
"Tariffs on Canada and Mexico in particular risk destabilizing the North American economy," says RILA's Michael Hanson.
Target reveals $15 billion growth plan for 2030
Target aims to elevate its product assortment with innovations and strategic partnerships as part of the plan.
NRF: Negotiate with Canada and Mexico instead of imposing tariffs
“Tariffs are just one tool at the administration’s disposal to achieve a secure border,” says NRF's David French.
Target reports strong Q4 with cautious 2025 outlook
“Our team grew traffic and delivered better-than-expected sales and profitability in our biggest quarter of the year,” said Target's CEO.
Susan Morris will succeed Vivek Sankaran as Albertsons CEO
She will take the helm, and a seat on the board, following Sankaran's planned retirement on May 1.
Trump's tariffs on Canada and Mexico take effect, with added duties on China
Imports from Canada and Mexico are now being taxed at 25%, with Canadian energy products subject to 10% import duties.
NRF economist: Strong consumer spending, rising economic risks
Uncertainty looms as policymakers in Washington debate key economic policies, according to NRF Chief Economist Jack Kleinhenz.
Kroger CEO Rodney McMullen resigns from company
Ronald Sargent appointed chairman of the board of directors and interim CEO.
Retail’s digital transformation: How technology is redefining the shopping experience
“It’s not enough to just know who is shopping with us—we need to understand what kind of shopping trip they’re on today.”