Mass store brand sales grew nearly 10% in 2017

Mass store brand sales grew nearly 10% in 2017

NEW YORK — Sales of store brand merchandise in the mass channel (mass merchants, club stores and dollar stores) increased last year on a dollar basis and a unit basis, the Private Label Manufacturers Associated (PLMA) said on Wednesday, citing sales data from Nielsen. Dollar

Albertsons-Rite Aid to be wellness powerhouse

Albertsons-Rite Aid to be wellness powerhouse

CAMP HILL, Pa. — The Albertsons Cos. merger with Rite Aid Corp. will create a “truly differentiated” player in the food, health and wellness space, John Standley, chairman and chief executive officer of Rite Aid, said in an interview. The Albertsons-Rite Aid merger deal, announced

Walmart sales and e-commerce up for Q4

Walmart sales and e-commerce up for Q4

BENTONVLLE, Ark. — Walmart on Tuesday reported $136.3 billion in revenue in its fourth quarter, an increase of 4.1% from a year earlier. For the full fiscal year 2018, the company had revenue of $500.3 billion, a 3% increase from the preceding year. The company

Albertsons Cos., Rite Aid to merge

Albertsons Cos., Rite Aid to merge

BOISE, Idaho, and CAMP HILL, Pa. — Albertsons Cos. plans to merge with Rite Aid Corp. in a deal that will take the supermarket retailer public. Albertsons Cos. and Rite Aid said Tuesday that the combined company will generate pro forma revenue of about $83

Walmart looking to buy stake in India’s Flipkart

Walmart looking to buy stake in India’s Flipkart

MUMBAI — Walmart is in talks to buy a stake in Indian e-commerce company Flipkart, Thomson Reuters reported today, citing sources familiar with the matter. Walmart is reportedly eyeing a stake of 40% or more in India’s largest online marketplace. An investment from Walmart would


H-E-B acquires delivery service Favor

SAN ANTONIO — Regional supermarket operator H-E-B is acquiring Austin-based on-demand delivery service Favor. Terms of the deal were not disclosed. H-E-B said the deal will help it become a digital industry leader in Texas, giving its customers more choices about how they shop, pay

Kroger adds culinary innovation center

CINCINNATI — Kroger Co. has opened a Culinary Innovation Center here, complete with cooking stations and video streaming capabilities for sharing information with store teams around the country. “Kroger’s new Culinary Innovation Center is an exciting state-of-the-art test kitchen and education center,” said Daniel Hammer, Kroger’s

Sam’s Club overhauls membership structure

BENTONVILLE, Ark. — Sam’s Club is offering free shipping for premium members and simplifying its membership terms. Starting today, the retailer will give free shipping on nearly all online orders for Plus members, who pay $100 a year and already receive such perks as early

NRF: Retail sales stayed strong in January

WASHINGTON – Retail sales in January were nearly as strong as during the holiday season, dropping only 0.26% on a seasonally adjusted basis from December, according to the National Retail Federation. And sales rose 5.4% compared to last January. “These numbers reinforce a positive start

CVS Health sees solid finish to 2017 fiscal year

WOONSOCKET, R.I. — Driven by growth in its pharmacy benefit management unit, and overcoming softness in its retail business, CVS Health posted increased sales and beat Wall Street’s earnings forecast for its 2017 fourth quarter and fiscal year. CVS said Thursday that for the fourth


Investment firm buys ownership stake in American Greetings

CLEVELAND — The New York investment firm Clayton, Dubilier & Rice is buying a 60% ownership stake in American Greetings Corp. The Weiss Family, descendants of company founder Jacob Sapirstein, will retain a 40% stake in the business and will remain on the company’s board.

Philips Norelco OneBlade Face + Body debuts

STAMFORD, Conn. — Royal Philips is enabling two-in-one grooming for men with the launch of the Philips Norelco OneBlade Face + Body electronic razor/trimmer. The consumer electronics giant said Monday that the Philips Norelco OneBlade can trim, edge and shave any length of hair on

2018 Product of the Year Award winners announced

NEW YORK — Product of the Year USA recognized 31 products from across the consumer packaged goods market with its 2018 Product of the Year Awards. This year’s 2018 Product of the Year Award winners were announced at Thursday evening at the Edison Ballroom in New

Crest introduces Gum Detoxify toothpaste

CINCINNATI — Crest has expanded its oral care product lineup with Gum Detoxify, a new toothpaste that’s specially formulated to improve gum health. The Procter & Gamble Co. brand said Wednesday that Crest Gum Detoxify reaches below the gum line to neutralize harmful plaque bacteria

Osteo Bi-Flex plays doubles with Chris Evert

NEW YORK — Osteo Bi-Flex has announced a partnership with world renowned, seven-time No. 1 professional tennis player Chris Evert. Together with Osteo Bi-Flex, Evert will help reinforce the brand’s commitment to leading the call for movement. “With 157 singles titles and 18 grand slams under her belt,