Rite Aid reaches settlement with FTC
Rite Aid Corp. announced Thursday that it has reached a comprehensive settlement agreement with the U.S.
Retail News
Rite Aid agrees to bankruptcy mediation
On Tuesday Rite Aid got court approval for a bankruptcy loan that would let the company borrow an additional $200 million, while agreeing to enter mediation with committees representing junior creditors and people who have accused the company of contributing to the U.S. opioid epidemic.
Hy-Vee announces two concerts for 2024 Hy-Vee INDYCAR Race Weekend
Today, Hy-Vee announces that award-winning artists Luke Combs and Post Malone will lead the star-studded entertainment lineup for next summer’s Hy-Vee INDYCAR Race Weekend, July 12-14, 2024.
Costco tops sales, earnings expectations in Q1
Costco Wholesale Corp. on Thursday reported first-quarter sales and earnings results that beat Wall Street estimates. The company posted net sales of $56.72 billion for the 12-week fiscal first quarter ended November 26, an increase of 6.1% from the $53.
Acosta Group forecasts retail trends for 2024
Acosta Group today announced its 2024 retail predictions, identifying how brands and retailers can win shopper loyalty, drive sales, and achieve efficiencies in another year of anticipated marketplace disruption.
Kroger unveils holiday savings
The Kroger Co. today unveiled increased savings, affordable meal ingredients and a holiday gift guide to customers as they prepare for the holidays.
Getir completes acquisition of FreshDirect
The ultrafast grocery delivery company Getir said Friday that it has completed its acquisition of the online grocery delivery company FreshDirect from Ahold Delhaize.
NRF debuts Center for Retail Sustainability
WASHINGTON – The National Retail Federation announced this week the launch the NRF Center for Retail Sustainability, which will serve as the industry’s hub to support retailers’ efforts to generate economic value while creating net positive environmental, social and community benefits.
Industry celebrates NACDS’ 90th anniversary
The industry came together last night at the Ziegfeld Ballroom to recognize the National Association of Chain Drug Stores for its long list of contributions to retailing and health care over the past nine decades.
MMR honors outstanding retail leaders
Chain Drug Review’s sister publication, MMR held a gala reception Tuesday night to honor recipients of its “People Who Made a Difference” awards and its “Most Influential Women” awards. The reception, held in Manhattan, drew retailer and supplier executives from across the country.
Walgreens is making it easier for holiday shopping
DEERFIELD, Ill. – Walgreens has everything consumers need to keep things merry and bright – with convenient in-person and online shopping options to save the day, especially when you need help last-minute. According to a new Walgreens U.S.
Publix donating fresh produce to food banks ahead of the holidays
As part of Publix’s ongoing commitment to helping alleviate hunger, the company is purchasing and delivering another 1.3 million pounds of fresh produce to 32 Feeding America partner food banks this holiday season. This donation is in addition to the 1.
CNBC/NRF Retail Monitor shows strong start for holiday season
WASHINGTON – The holiday shopping season got off to a good start in November as retail sales showed strong gains, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail Federation. Click here to access November retail data.
NRF economist says 2023 economy has seen ‘vigorous growth’ despite recent slowdown
WASHINGTON – After a year of challenges, the economy has proven to be healthy even as it continues to slow, National Retail Federation Chief Economist Jack Kleinhenz said today. “The U.S. economy is on track to end 2023 with vigorous growth for the year,” Kleinhenz said.
Conversations with WE: ‘Ageless Ambition’
A blue-chip panel of women with diverse leadership roles proved that age is only a number during a webinar hosted by WE.