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LEADING HEADLINES

CVS posts strong fourth quarter earnings

CVS posts strong fourth quarter earnings

WOONSOCKET, R.I. — CVS Health posted stronger-than-expected fourth quarter earnings Wednesday but issued 2019 profit guidance that fell short of Wall Street forecasts linked to “significant additional deterioration” in its long-term care business. CVS Health’s adjusted earnings for the three months ended in December came

Kroger picks two new Ocado sites

Kroger picks two new Ocado sites

CINCINNATI — Kroger Co. and Ocado said Tuesday that their next two customer fulfillment centers will be located in central Florida and in the Mid-Atlantic region. “Kroger is excited to partner with Ocado — one of the most innovative, advanced companies in the world —

Walmart posts robust Q4 revenue growth

Walmart posts robust Q4 revenue growth

BENTONVILLE, Ark. — Walmart on Tuesday reported strong profit and revenue figures for the holiday quarter, citing strength across a range of product categories and a 43% surge in digital sales. Revenue was up 1.9% to $138.8 billion in the fiscal fourth quarter. Excluding currency

Rite Aid extends GNC partnership

Rite Aid extends GNC partnership

CAMP HILL, Pa.  – Rite Aid Corp. and GNC announced Monday an agreement which extends their partnership through 2022. Rite Aid and GNC have had an exclusive partnership in the chain drug channel since December 1998. “Our more than 20-year partnership with GNC has provided

SheaMoisture debuts new hair care collection

SheaMoisture debuts new hair care collection

AMITYVILLE, N.Y. — Scalp care is the new skincare. Consumers are increasingly recognizing the importance that scalp health plays in hair care, and are beginning to incorporate products into their hair care regimens that are specifically designed to cleanse, balance and treat the scalp. SheaMoisture

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RETAIL NEWS

Wegmans, Publix honored as top places to work

NEW YORK — Wegmans Food Markets Inc. and Publix Super Markets Inc. have made Fortune magazine’s 100 Best Companies to Work For in 2019, coming in third and 12th, respectively. Both grocery retailers have appeared on the list every year since it was introduced 22

Shoppers Drug Mart unveils Beauty Ice Palace

TORONTO — Shoppers Drug Mart Thursday unveiled its first-ever Beauty Ice Palace — a dramatic pop-up ice castle — where shoppers this Valentine’s Day had the opportunity to step out of the cold and into some bold beauty looks outside their store on Yonge and

NRF: holiday sales gains weaker than expected

WASHINGTON – The holiday season turned out not to have been a particularly merry one for retailers, the National Retail Federation said on Thursday. Retail sales grew a lower-than-expected 2.9% during the two-month period, according to the NRF, which cited U.S. Commerce Department data that

Amazon backs out of NYC campus deal

NEW YORK — According to published reports, Amazon reported on Thursday that it was canceling plans to build a corporate campus in New York City. The company had planned to build a huge complex in Long Island City, Queens, in exchange for nearly $3 billion

CVS Health unveils new store concept

HOUSTON — CVS Health has unveiled a new health-focused store concept here that’s designed to help the pharmacy chain become more of a health-care provider. The three HealthHUB pilot stores that opened in the Houston area in December are part of the company’s vision for

SUPPLIER NEWS

Arm & Hammer launches foot moisturizer that also exfoliates

NEW YORK — Premier Brands of America Inc.’s Arm & Hammer brand is launching Foot Care Moisturizer + Gentle Exfoliators designed to moisturize and gently eliminate rough skin on heels and feet. Arm & Hammer said the product has a patent pending fast acting formula

Coca-Cola to launch two flavors

ATLANTA — Coca-Cola Co. has announced plans to introduce Orange Vanilla Coke and Orange Vanilla Coke Zero Sugar, the first new flavors in over a decade. The new products will be available beginning on February 25 in a range of packaging options. Kate Carpenter, brand

Bausch + Lomb launches SightMatters.com

BRIDGEWATER, N.J. — Bausch + Lomb, a wholly owned subsidiary of Bausch Health Cos., has introduced SightMatters.com, an educational online resource for people living with age-related macular degeneration (AMD). Bausch + Lomb said it launched the site to coincide with the start of AMD Awareness Month.

Nescafé brings ready-to-drink innovations

ARLINGTON, Va. — Nescafé is introducing new ready-to-drink beverages with its Nescafé Coffee Protein Smoothie and Nescafé Cold Whipped Latte. “The new Nescafé Coffee Protein Smoothie and Nescafé Cold Whipped Latte are unique options for a high-quality coffee experience,” said Leo Aizpuru, marketing director for Nescafé.

Combe invests in Sustain Natural brand

WHITE PLAINS, N.Y. — Combe Inc., maker of Vagisil feminine hygiene products, has announced a strategic investment in Sustain Natural, a provider of natural sexual wellness products for women. “We are proud to partner with Sustain Natural, a unique brand of earth-friendly tampons, condoms, lubricants