DEERFIELD, Ill. — Walgreens Boots Alliance Inc. topped analysts’ forecasts for second quarter revenue and adjusted earnings. WBA posted adjusted earnings per share of $1.20, well above Wall Street’s predicted 82 cents. Sales of $37.05 billion exceeded the estimated $36.22 billion. The company posted a net loss of $5.91 billion, or $6.85 per share for the period
WASHINGTON – U.S. News & World Report, the global authority in health care rankings and consumer advice, today published the second annual Best OTC Medicine & Health Products. The latest edition of the rankings features 132 categories, with 33 brand new over-the-counter product categories included this year. The brands with the most No. 1 products
ATLANTA — LexisNexis Risk Solutions has revealed the findings of the fourteenth edition of its annual LexisNexis True Cost of Fraud Study: Ecommerce and Retail Report – U.S. and Canada Edition. The report, based on a commissioned survey conducted by Forrester Consulting, shows that merchants in the U.S. and Canada incur an average cost of $3.00
GREAT NECK, N.Y. — First Quality announced it has named Allen Bodford as president of its Absorbent Hygiene division, effective immediately. The division produces adult incontinence products, baby diapers, training and youth pants, period pads and baby wipes for health care and retail channels. The division’s operations include four manufacturing locations across the United States
SALISBURY, N.C — For the 23rd consecutive year, Food Lion has earned the ENERGY STAR Partner of the Year Award from the U.S. Environmental Protection Agency and the U.S. Department of Energy. The omnichannel grocery retailer is the only company in the nation to receive the distinctive honor for 23 years. The U.S. Environmental Protection
WEST DES MOINES, IOWA — Hy-Vee, Inc. announced the hiring of Jessica Hendrix to oversee the regional grocery chain’s marketing and retail media network. Hendrix is joining Hy-Vee as executive vice president, chief marketing officer, and president of Hy-Vee’s retail media network, RedMedia, beginning on April 16. She will oversee Hy-Vee’s marketing efforts and serve
WASHINGTON – A proposed agreement that would reduce “swipe” fees that retailers pay each time a shopper pays with a Visa or Mastercard is “a bad deal for merchants,” according to the Merchants Payments Coalition (MPC), a lobbying group advocating for a more competitive and transparent card system. The coalition is expressing its disappointment with
SEATTLE — Amazon Pharmacy has rolled out same-day delivery of prescription medication in New York City and the greater L.A. area, with plans to expand the service to more than a dozen U.S. cities by the end of the year. Customers in Austin, Indianapolis, Miami, Phoenix, and Seattle can already access same-day delivery, while customers
SOLON, Ohio and CHICAGO – RangeMe Premium and Pro subscribers now have free access to category-level insights from NIQ’s Extended All-Outlet Combined (xAOC) multichannel market data through a new offering aimed at leveling the playing field for emerging brands. Starting this month, RangeMe subscribers now have access to category-level data segmented by week, facilitating year-over-year
CHICAGO — U.S. retail sales revenue in February remained flat in the discretionary general merchandise and consumer packaged goods categories and units declined 1% compared to the same month last year, according to. Circana. Discretionary general merchandise spending declines continued at the newly established levels, with 5% dollar and 4% unit sales declines compared to
NEW YORK — Kristal Sevcik, vice president of business development at AmeriQual Group LLC, has been elected chairperson of the board of directors of PLMA, the trade association for the global store brands industry. Sevcik, who most recently served as first vice chairperson, was chosen on March 21 at PLMA’s 2024 annual meeting and leadership donference
LONDON – Unilever PLC plans to spin off its ice cream unit that is home to the Ben & Jerry’s, Wall’s and Magnum brands as part of a restructuring, the company announced March 19. “Ice cream has a very different operating model,” the company said in announcing the plan. Separation will allow the ice cream