Tthe Federal Trade Commission has sued to block a proposed merger between grocery giants Kroger and Albertsons, saying the $24.6 billion deal would eliminate competition and lead to higher prices for millions of Americans. The FTC filed the lawsuit in U.S. District Court in Oregon on Monday.
Dollar General on Friday celebrated the grand opening of its 20,000th store at its DG Market location in Alice, Texas. “Today marks an incredible milestone in Dollar General’s history,” said Steve Deckard, Dollar General’s executive vice president of store operations and development.
NEW YORK – Building off the success of the 2023 L’Oréal Paris Elvive Hyaluron + Plump collection which launched exclusively at Walmart in the fall of 2022, the brand has once again collaborated with the retailer on another exclusive, Hyaluron + Pure, featuring a Shampoo, Conditioner, and Oil Erasing
Personal financial well-being can impact how consumers approach everything from budgeting for big purchases to their grocery lists.
Walgreens said this week it is planning to close its remaining VillageMD clinics in Florida as the company continues to cut costs. VillageMD operated 52 clinics in Florida, but 14 have closed to date. The remainder will shutter by March 15, according to multiple news reports citing Walgreens.
CVS Health announced its contribution of nearly $35 million in equity investments towards the creation of two new affordable housing developments in Hawaii.
Today, Rite Aid debuted its new ‘It Means More’ ad – spotlighting the retail pharmacy chain’s commitment to its customers, together with the passion and ongoing dedication of its employees to continuously provide unrivaled customer experiences.
Grubhub is now offering inventory of thousands of wellness, beauty, household and other convenience items from CVS Pharmacy on the Grubhub Marketplace. More than 6,000 CVS locations are available on Grubhub across 48 states.
Higher prices continue to have an impact on retail. Retailers continue to face challenges optimizing pricing. Passing on higher labor and supply chain costs to consumers could result in people hitting pause on buying, but not doing so can cut into profits.
WOONSOCKET, R.I. – CVS Health announced that executive vice president and chief financial officer Tom Cowhey will participate in a fireside chat with investors at the 45th Annual Raymond James Institutional Investors Conference on March 5, 2024 at approximately 9:50 a.m. ET.
BRAMPTON, ON – Loblaw Cos., Canada’s food and pharmacy retail leader, expects to invest more than $2 billion dollars into the Canadian economy in 2024.
According to published reports, shares of Walgreens Boots Alliance (WBA) traded lower on Wednesday in the premarket after S&P Dow Jones Indices announced the latest changes to its famous Dow Jones Industrial Average (DJI), removing the U.S. pharmacy chain from the 30-stock index.
BENTONVILLE, Ark – Walmart Inc. posted revenue growth of 5.7% in the fourth quarter, including a 4% comp sales gain in its Walmart U.S. division. “Our team delivered a great quarter, finishing off a strong year,” chief executive officer Doug McMillon said in a statement.
Brandon Brown, senior vice president of Own Brands at Albertsons Companies, is the keynote speaker of the PLMA 2024 Annual Meeting & Leadership Conference, March 20-22 in San Antonio.
Last night, in the first quarter of the University of Iowa’s women’s basketball game against Michigan, Caitlin Clark became the NCAA Division I highest scoring female basketball player in NCAA history.
Target Corp. has introduced its new low-price owned brand, dealworthy, designed to give consumers incredible value on nearly 400 everyday basics. With dealworthy, Target is offering more options at lower prices, starting at less than $1, while strengthening its portfolio of owned brands.
