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LEADING HEADLINES

Retail sales edge up across board in April

Retail sales edge up across board in April

WASHINGTON — Retail sales in the United States rose 1.3% in April, the Commerce Department announced. It was the largest monthly gain since March 2015 and better than the 0.8% increase economists were ­forecasting. Core retail sales, which exclude automobiles, gasoline, building materials and food

Walmart first quarter results beat expectations

Walmart first quarter results beat expectations

BENTONVILLE, Ark. — Walmart reported better-than-expected results for the first quarter, with earnings-per-share and comp-store-sales figures that exceeded the company’s guidance. Walmart’s earnings per share (EPS) for the quarter were 98 cents.  According to Thomson Reuters I/B/E/S, analysts had estimated the company’s EPS would come

Target tabs Mark Tritton as chief merchant

Target tabs Mark Tritton as chief merchant

MINNEAPOLIS — Target Corp. announced on Tuesday that Mark Tritton is joining the company as executive vice president and chief merchandising officer. Tritton will oversee enterprise buying, product design and development, sourcing, visual merchandising strategy, and merchandising transformation and operations, according to the company. Target

Giant Eagle president, COO to retire

Giant Eagle president, COO to retire

PITTSBURGH — Giant Eagle president and chief operating officer John Lucot will retire from the company on June 30, the company said. Lucot has been with the company for 42 years. He joined Giant Eagle as a supermarket clerk in 1974; he went on to

Walmart, McKesson add generics to drug distribution pact

Walmart, McKesson add generics to drug distribution pact

BENTONVILLE, Ark. — Walmart and McKesson Corp. have expanded their long-term pharmaceutical distribution pact, including a new sourcing agreement for generic drugs. McKesson and Walmart said Monday that the expanded relationship is “a natural next step.” The companies will collaborate on sourcing generics for their

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RETAIL NEWS

Walmart on the move

BENTONVILLE, Ark. — Walmart is taking aggressive action on a number of fronts. Earlier this month the giant retailer tweaked its free delivery test program to more directly challenge Amazon.com Inc., filed suit against Visa Inc. over the card issuer’s policies regarding debit card transactions,

Kroger a ‘compelling investment’

CINCINNATI — In his annual letter to Kroger Co. stockholders, chairman and chief executive officer Rodney McMullen characterized 2015 as a “triple crown” year, a baseball reference to the relatively rare instance in which a player leads his league in three offensive categories: batting average,

Whole Foods Market maps out ‘365’ sites

AUSTIN, Texas — Whole Foods Market Inc. has announced it has 19 leases for its small-format “365” store. Following the May 25 debut of the inaugural 365 by Whole Foods Market in the Silver Lake section of Los Angeles, the next two openings will be

CVS Pharmacy unveils CVS Health store brand

NEW YORK — CVS Pharmacy has begun rolling out a CVS Health-labeled line of over-the-counter health products that will replace its current OTC store brand. The drug chain said Wednesday that the more than 2,500 health and wellness products hitting stores nationwide span 19 categories,

Walgreens appoints retail brands group VP

DEERFIELD, Ill. — Helayna Minsk has joined Walgreens as group vice president of retail brands. A former Johnson & Johnson executive, Minsk takes over that role from Beth Stiller, who in late March left Walgreens to join Massage Envy as chief commercial officer. Minsk brings

SUPPLIER NEWS

Bausch + Lomb wins Walmart award

BRIDGEWATER, N.J. — Bausch + Lomb, a leading global supplier of ophthalmic pharmaceuticals, contact lenses, lens care products, and ophthalmic surgical devices and instruments , announced Monday that Walmart has presented the company with its 2015 U.S. Supplier of the Year Award in Consumables and

CCA Industries unveils new logo, business name

RIDGEFIELD PARK, N.J. — CCA Industries Inc., a health and beauty products supplier, announced Tuesday a new logo and business name “Core Care America.” The corporate name will remain CCA Industries Inc. CCA Industries chairman and chief executive officer Lance Funston said, “Our new logo

FDgard medical food hits shelves at Walgreens, CVS

SAN DIEGO — IM HealthScience (IMH) has launched FDgard, a nonprescription medical food for the dietary management of functional dyspepsia (FD), or persistent or recurring indigestion. IMH said Monday that FDgard is now available in the digestive aisle at most CVS/pharmacy and Walgreens stores nationwide. A

Experts: cultivate diversity in beauty

The entire multicultural beauty industry is undergoing seismic shifts in consumer behavior, demands and distribution. So how can mass retailers make multicultural beauty consumers feel welcomed/recognized/respected in their stores? How can they meet the needs of these consumers and make them loyal customers? The key

Markwins tabs Bill George to lead beauty brands

CITY OF INDUSTRY, Calif. — Markwins International Corp. announced on Tuesday the appointment of Bill George as president and chief operating officer for all of its beauty brands. George, who has been leading Markwins’ growth in the beauty industry for the past seven years, now

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