Glenview Capital issues statement on CVS Health
"Our goals are those shared by all stakeholders – to work together to strengthen CVS's culture and operating performance to enhance value for customers, associates and shareholders alike."
Retail News
NRF urges action as strike shuts down East and Gulf Coast ports
"This strike will have devastating consequences for American workers, their families, and local communities," Shay said in a statement.
WSJ: CVS looking to make operational changes, layoffs to come
'We’ve embarked on a multi-year initiative to deliver $2 billion in cost savings by reducing expenses and investing in technologies to enhance how we work."
Walmart gives U.S. companies 'Golden Tickets' to shelf space and access to global markets
The event was part of Walmart's ongoing $350 billion commitment to source products made, grown, or assembled in the U.S.
Costco's sales growth slows in Q4, but earnings beat estimates
For the full fiscal year, Costco posted net sales of $249.6 billion, a 5% rise compared to the 53-week fiscal 2023.
GESKE German Beauty Tech products to launch at Walgreens this fall
The launch of the brand at Walgreens will include seven product SKUs across 2,340 Walgreens stores and online across the U.S.
Acosta: The future of retail media is in-store
The study highlights the growing influence of in-store shopping and pinpoints three key consumer expectations: being informed, feeling inspired, and receiving personalized content that adds convenience or savings.
Perrigo's Good Start partners with Dr. Browns to create infant formula portfolio
Perrigo Company plc has partnered with its Good Start infant formula brand and Dr. Brown’s, known for pediatrician-recommended baby bottles, to create the Good Start | Dr. Brown's formula line.
Adobe: U.S. online holiday spending to break records at $240.8 billion
Adobe anticipates major discounts this season–up to 30% off listed prices–as retailers compete for consumer dollars.
Meijer surpasses carbon emissions goal a year ahead of schedule
"We’re not only driving positive change but also setting an example for the entire industry.”
CVS Health shares preparation plans ahead of Hurricane Helene
CVS Health remains dedicated to supporting its local communities and is in contact with disaster relief organizations to help communities respond to and recover from the storm.
DOJ sues Visa over alleged antitrust violations in debit card market
Merchants applaud lawsuit, saying competition is needed in swipe fees that raise costs for retailers and consumers.
Convenience stores gaining ground with freshly prepared food offerings
Meeting customer appetites with freshly prepared foods that drive traffic and loyalty.
Roger Wheeler tapped to lead Stop & Shop as current president Gordon Reid announces retirement
Wheeler brings over 30 years of supermarket industry experience to his new role, including nearly two decades with Ahold Delhaize USA and Stop & Shop.
Private label beauty and home care show growth
Specifically, store brand dollar sales grew by 2.9%, outpacing national brands, which were up 1%.
Report: Sam's Club's supply chain team merging with Walmart's to drive growth
In the memo, Guggina emphasized how this integration would support the long-term growth of both companies.