PLMA names Albertsons’ Brown as keynote speaker at conference
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.
Retail News
Hy-Vee makes donation to Caitlin Clark Foundation
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 unveils lower-priced brand called dealworthy
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.
Ahold Delhaize reports strong Q4 results
Ahold Delhaize reported solid results for its fourth quarter and 2023 fiscal year, with full-year sales and earnings per share in line with expectations. Fourth quarter net sales were €23.0 billion ($24.65 billion), up 1.9% at constant exchange rates and down 1.4% at actual exchange rates.
Circana: January 2024 retail sales results reflect altered shopping patterns
In January 2024, U.S. retail sales, including both discretionary general merchandise and consumer packaged goods (CPG), were flat in both units and revenue compared to the same month last year.
New YouGov data reveals what’s in Americans’ medicine cabinets
With an estimated revenue of USD 40.72 billion in 2024, the OTC pharmaceuticals market in the US is projected to experience a compounded annual growth rate of 3.52% from 2024 to 2028.
Industry experts explore tomorrow’s health and wellness trends at NACDS Regional
BONITA SPRINGS, Fla. – The 2024 National Association of Chain Drug Stores (NACDS) Regional Chain Conference continued today with presentations from top speakers on the most timely issues facing the industry.
CNBC/NRF Retail Monitor numbers show sales off to great start
WASHINGTON – Retail sales showed a strong beginning for the year in January, nearly matching December’s busy holiday spending and rising significantly year over year, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail Federation.
Walgreens announces new executive appointments
DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) chief executive officer Tim Wentworth announced Thursday updates to WBA’s Executive Committee as the company advances a health services strategy rooted in its retail pharmacy footprint.
WBA sells shares of Cencora for $992 million of proceeds
Walgreens Boots Alliance (WBA) announced this week that it has sold shares of Cencora, Inc.
Circana launches Liquid Data Engage
Circana announced the global launch of Liquid Data Engage™.
CVS beats Q4 sales and earnings projections
CVS Health topped analysts’ forecasts for fourth quarter sales and profits, but cut its full year earnings outlook, citing rising medical costs that are hurting the insurance industry. Revenue for the three months ended December 31 climbed 11.9% from the year-ago period to $93.
Costco CFO Richard Galanti to step down
Costco Wholesale Corp. announced today that chief financial officer Richard Galanti intends to step down from that role, effective March 15. Gary Millerchip, who has served as senior vice president and chief financial officer at Kroger Co., will succeed him in that role.
FMI’s Sarasin: Focus on data, not politics
ARLINGTON, Va. – FMI president and CEO Leslie Sarasin says that the national conversation about food prices must be informed by data, rather than politics.
CVS and FARE team to provide safe Valentine’s Day for kids with food allergies
In the U.S., one in every 13 children has a potentially life-threatening food allergy. Food allergies can make participation in holidays like Valentine’s Day at school and at home a challenge.
Whole Foods rolls out Genexa’s ‘clean label’ products
As we move into the 2024 cold and flu season, Genexa is reinforcing its pioneering role in bringing clean, effective medicines to consumers.