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LEADING HEADLINES

Kroger and Walgreens join Loop pilot

Kroger and Walgreens join Loop pilot

NEW YORK — Kroger and Walgreens are the latest companies to join in an experimental shopping system, named Loop, that aims to lessen the world’s reliance on single-use packaging. Loop is being piloted in the mid-Atlantic region of the United States and in Paris, France,

Hy-Vee advocates for immediate DIR reform

Hy-Vee advocates for immediate DIR reform

WEST DES MOINES, Iowa  — Hy-Vee on Friday expressed dismay that a new Medicare rule did not provide relief from pharmacy direct and indirect remuneration (DIR) fees that inflate senior citizens’ prescription drug costs. A proposal advanced by the Centers for Medicare & Medicaid Services (CMS) and supported

Meijer rolls out home delivery service in suburban Cleveland

Meijer rolls out home delivery service in suburban Cleveland

GRAND RAPIDS, Mich. — One week after an historic day for Meijer, on which it opened three stores in a single day for the first time in its 85-year history, the Midwest family-owned retailer has now launched its popular Meijer Home Delivery service in suburban Cleveland. Starting

Walmart unveils site plan for new campus

Walmart unveils site plan for new campus

BENTONVILLE, Ark. — Walmart officials said work on a new corporate campus is set to begin here in July. Walmart expects to relocate employees in stages, beginning next year and ending around 2024, when work on the company’s “dream home” is completed. First up is

NCPA, NACDS address DIR pharmacy reform failure

NCPA, NACDS address DIR pharmacy reform failure

ALEXANDRIA, Va.  — The National Community Pharmacists Association and the National Association of Chain Drug Stores issued the following statement Thursday after a final drug pricing rule was released and failed to reform pharmacy direct and indirect remuneration fees, or pharmacy DIR: “We are disappointed

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RETAIL NEWS

Walmart’s strong Q1 same-store sales growth

BENTONVILLE, Ark. — Walmart on Thursday reported first quarter net income of $3.84 billion as revenue rose 1% to $123.9 billion. U.S. same-store sales increased 3.4% in the 13 weeks ended April 30. That was the best performance by that metric in nine years, the

Fred’s to close an additional 104 stores

MEMPHIS — Fred’s Inc. announced Thursday it is closing 104 underperforming stores as part of an “ongoing effort to rationalize its store footprint.” The new round of closings comes five weeks after the Memphis-based company started “going out of business” liquidation sales at 159 stores and

CVS launches ‘Tested to Be Trusted’ program

WOONSOCKET, R.I. — CVS Pharmacy on Wednesday announced the launch of Tested to Be Trusted, a program requiring third-party testing of all vitamins and supplements sold in-store and online to confirm the accuracy of the dietary ingredients listed on the supplement facts panel and to

NRF calls latest tariffs a big gamble

WASHINGTON – The National Retail Federation has warned that the Trump administration’s imposition of additional tariffs on Chinese goods puts the U.S. economy and American jobs at risk. “We support the administration’s efforts to deliver a meaningful trade agreement that levels the playing field for

Walmart adding free next-day delivery

BENTONVILLE, Ark. — Walmart will begin offering free next-day delivery in select markets this week, with more markets to be added later this year. The move will raise the stakes in its battle with online retailer Amazon.com, which said earlier this month that next-day shipping

SUPPLIER NEWS

Mars Wrigley unveils new products at Sweets & Snacks

HACKETTSTOWN, N.J. — Mars Wrigley Confectionery announced on Tuesday its 2020 merchandising recommendations and debuting new products at the National Confectioners Association Sweets & Snacks Expo in Chicago. Together, these insights and innovations will support retailers in driving sales and overall category growth, the company

Beiersdorf to acquire iconic Coppertone brand from Bayer

HAMBURG, Germany — Beiersdorf said Monday it has entered into a definitive agreement to buy the Coppertone business from Bayer for a purchase price of $550 million. Coppertone generated sales of $213 million in 2018. Through the acquisition of Coppertone, Beiersdorf is entering a major

Dr. Canuso’s Skincare for Feet partners with QVC

MOORESTOWN, N.J. — Dr. Canuso and her Skincare for Feet line recently announced her entire product line is now available on QVC. The foot care company hosted a launch party April 11th to debut the new partnership. “Americans love and trust QVC, and we are