DEERFIELD, Ill. — Walgreens Boots Alliance posted mixed fourth quarter results, as earnings beat expectations but sales fell short of projections. Adjusted net earnings for the quarter ended August 31 rose 4.5% to $1.4 billion, up 4.5% on a constant currency basis, from a year
BENTONVILLE, Ark. — Walmart Inc. has shuffled some senior managers in its U.S. division, according to published reports. The moves will bring new leadership to the retailer’s food and e-commerce operations. Steve Breen will move from e-commerce to the stores team as senior vice president
WASHINGTON — The Department of Justice gave preliminary approval Wednesday for CVS Health’s acquisition of Aetna Corp., which the two companies say will remake health care. The path to the $69 billion merger was cleared last month when Aetna agreed to sell its Medicare Part
SALISBURY, N.C. — Food Lion has completed a $91.7 million investment in the Roanoke, Va., market on Wednesday. The infusion of capital included the remodeling of its 63 stores in the area, the hiring nearly 2,000 additional associates to better serve customers, and the donation
CINCINNATI — Kroger Co. is rolling out Home Chef meal kits to select stores. It also plans to is launch a new quick-cook meal kit called Home Chef Express that promises to be ready to eat in about 15 minutes. “We are excited to introduce Home
MINNEAPOLIS — Target Corp. is taking aim at budget shoppers with a new bargain brand called Smartly, which will mostly feature household products priced at $2 or less. The owned brand line will initially comprise more than 70 items, including hand soap, paper plates, household
CARLISLE, Pa. — Giant Food Stores on Thursday announced plans for a new store format and brand designed for urban neighborhoods. The first of the new Giant Heirloom Market stores is set to open later this year in in Philadelphia’s Graduate Hospital neighborhood. The new store,
DEERFIELD, Ill. — Walgreens and online beauty retailer Birchbox are teaming up to build Birchbox retail experiences within select Walgreens stores. The multi-channel offering will bring prestige beauty brands into Walgreens stores and allow customers to discover and shop for new brands in an interactive and accessible way, and will
WASHINGTON— The National Retail Federation said on Wednesday that holiday retail sales this November and December will increase between 4.3% and 4.8% over last year’s figures. The average annual increase over the past five years has been 3.9%. “Our forecast reflects the overall strength of
BENTONVILLE, Ark. — Walmart is buying the online apparel brand Eloquii, which specializes in plus size clothing. Terms of the deal, expected to close later this quarter, were not disclosed. “Known for its trend-driven, fashion-focused assortment, Eloquii is all about great-fitting and great-looking apparel specifically
MONTCLAIR, N.J. — Hello Products is introducing four toothpastes, some infused with farm-to-tube mint flavor — Antiplaque + Whitening Fluoride-Free, Naturally Whitening Fluoride, Activated Charcoal Epic Whitening Fluoride and a new Kids Natural Wild Strawberry Fluoride Toothpaste, which is being added to the children’s lineup.
CHELMSFORD, England — The Vintage Cosmetic Co. is introducing three makeup headbands into Wegmans Food Markets Inc. stores — the Olive Make-up Headband, the Ava Make-up Headband and the Dotty Make-up Headband. The vintage-inspired headbands will be available for purchase at Wegmans stores at the
NEW YORK — Colgate-Palmolive Co. has enlisted actress Debra Messing to talk about her tried-and-true beauty products, including the company’s Optic White brand. “I’m so happy with where I am in my life, and it’s more important than ever for me to continue to take care
SHELTON, Conn. — Edgewell Personal Care’s Schick Hydro is rolling out the brand’s new “The Man I Am” integrated advertising campaign across digital and social media channels. As modern masculinity evolves and expands, the brand said it has created a campaign that celebrates men who express themselves
WARREN, N.J. — GSK Consumer Healthcare is expanding its Theraflu portfolio to include Theraflu PowerPods Severe Cold. The company said the product is compatible with single-serve coffee machines and that the Theraflu PowerPods can brew a cup of relief with the press of a button. “At
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