GNC launches PRIME energy drinks
PITTSBURGH – When PRIME Hydration launched at in January 2022 it was an immediate smash hit, helping consumers rehydrate with great taste, bold flavors, and a powerful energy boost to refresh, replenish, and refuel.
Retail News
Walgreens reaches $83M opioid settlement with West Virginia
West Virginia Attorney General Patrick Morrisey announced his office reached a settlement with Walgreens for $83 million on Wednesday.
NRF: Holiday sales grew 5.3% to $936.3 billion
WASHINGTON – Retail sales during 2022’s November-December holiday season grew 5.3% over 2021 to $936.3 billion, falling short of the National Retail Federation’s forecast amid continuing inflation and high interest rates, NRF said today.
Deloitte’s 2023 Retail Outlook: Retail resiliency
It’s been a volatile few years for retailers, and now tides are fluctuating again amid continued financial pressures and a shift in consumer spending toward services that will weigh on retail sales.
Albertsons seeks diverse-owned suppliers
BOISE, Idaho – Albertsons Cos. announced the opening of its annual application process for certified diverse-owned suppliers.
CVS names Sam Khichi EVP, chief policy officer and general counsel
CVS Health announced that Sam Khichi will join the company as executive vice president, chief policy officer and general counsel, effective February 13.
Walmart, Salesforce offer new fulfillment solution
Walmart announced this week a partnership with software company Salesforce Inc. to offer delivery and store pickup services to retail customers using Walmart’s fulfillment network.
Thirteenth Annual Expressions by Walgreens high school art challenge opens for entries
DEERFIELD, Ill.– Teenagers nationwide can begin submitting entries for the 13th Annual Expressions by Walgreens, an artistic challenge for high school students that awards monetary prizes in four categories: visual arts, media arts, spoken word, and creative writing.
Standley honored for life’s work in retail industry
John Standley’s road was long and winding, but the direction was always upward. Early lack of ambition — his father applied to college for him — did not prevent Standley from ascending to the very heights of chain drug retailing, first as chief executive officer of Rite Aid, and then as president
CVS and Walgreens now sourcing 100% cage-free eggs
The Humane League announced a significant milestone around it animal welfare accountability work on cage-free commitments with CVS and Walgreens which resulted in the retailers fulfilling their commitments to source 100% cage-free eggs nationally three years ahead of schedule.
Fruth named Regional Drug Chain of the Year
Fruth Pharmacy has been making its mark in the industry over the past 70 years by sticking to old-fashioned values and the motto “to do the right thing” as it continues to help take care of its patients and customers.
Walmart readies for 1st Wellness Day of 2023
A new year is here, and Walmart invites communities to start down the path of getting – and staying – healthy at the first Walmart Wellness Day of 2023 on Saturday, Jan. 14 from 10 a.m. to 2 p.m. Customers can receive free health screenings for things like glucose, cholesterol, BMI and blood
Albertsons Q3 earnings top expectations
Albertsons Cos. reported net earnings of $375.5 million, or 20 cents a share, for fiscal third quarter ended December 3. That’s down from $424.5 million, or 74 cents a share, in prior year period. Adjusted net income was $505 million, or $0.
Ahold Delhaize’s CFO to leave company
Ahold Delhaize today announced that chief financial officer Natalie Knight is leaving the company to pursue another career opportunity. A search for a successor has begun, the company said.
CVS Health in talks to buy Oak Street Health
CVS Health is looking at the acquisition of primary care center operator Oak Street Health, Bloomberg News reported on Monday citing people familiar with the topic. No final decision has been made and discussions could fall through, the report added.
Rite Aid joins KUBRA retail cash payments network
KUBRA has announced the addition of Rite Aid to its cash payment network of retailers, giving cash-paying customers thousands of new retail locations where they can pay their bills.