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LEADING HEADLINES

Walgreens teams up with the Skin Cancer Foundation

Walgreens teams up with the Skin Cancer Foundation

NEW YORK — Walgreens has joined the Skin Cancer Foundation on the road this year in support of its Destination: Healthy Skin Program — a national effort to educate consumers about the importance of effective sun protection for skin cancer prevention, and the importance of

Annual meeting celebrates Walmart’s momentum

Annual meeting celebrates Walmart’s momentum

FAYETTEVILLE, Ark. — Walmart wrapped up its annual shareholders’ week activities on Friday with a celebration of the company’s associates as “extraordinary people doing extraordinary things.” Brett Biggs, executive vice president and chief financial officer, credited Walmart’s 2.2 million associates worldwide with helping fulfill founder

CVS outlines strategy to accelerate growth

CVS outlines strategy to accelerate growth

WOONSOCKET, R.I. — The executive team of CVS Health on Tuesday outlined a series of transformation initiatives at its 2019 Investor Day event, showing how the company plans to accelerate enterprise growth, simplify a consumer health system that is confusing and inconvenient, and position the company

Dollar General reports sales up 8.3% in Q1

Dollar General reports sales up 8.3% in Q1

GOODLETTSVILLE, Tenn. — Dollar General Corp. on Thursday said net sales increased 8.3% to $6.6 billion in its first quarter. Same-store sales increased 3.8% in the 13 weeks ended May 3, as shoppers spent more on seasonal products, home goods and food items. Operating profit

Father’s Day spending expected to hit record

Father’s Day spending expected to hit record

WASHINGTON – Americans are expected to spend a record $16 billion on Father’s Day gifts this year, according to the National Retail Federation’s annual survey conducted by Prosper Insight & Analytics. That’s up from last year’s $15.3 billion. “Fathers, husbands and sons can expect to

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RETAIL NEWS

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

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

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

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

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

SUPPLIER NEWS

CoverGirl TruBlend collection to debut additions

NEW YORK — Coty Inc.’s CoverGirl brand has introduced four new additions to the CoverGirl TruBlend collection — CoverGirl TruBlend Undercover Concealer, CoverGirl TruBlend Minerals Loose Mineral Powder, CoverGirl TruBlend Base Business Skin Primer and CoverGirl TruBlend Super Stunner Hyper-Glow Mono Highlighter. The products will

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