SATIS_1170x120_1-25-21

NACDS hails Administration for taking on DIR fees

NACDS hails Administration for taking on DIR fees

ARLINGTON, Va. – The National Association of Chain Drug Stores (NACDS) on Friday lauded the Biden Administration for initiating action to rein in direct and indirect remuneration (DIR) fees and pledged continued vigilance to optimize the regulatory proposal for the benefit of seniors and for the viability of the pharmacies that serve them. Steven Anderson “DIR fees

Gen Z’s disposable income reaches $360 billion

Gen Z’s disposable income reaches $360 billion

NEW YORK — Gen Z Planet, a research and advisory firm, released on Tuesday the results of a U.S. focused study about Gen Z’s growing disposable income and their attitudes towards money. According to the study, Gen Z’s disposable income in 2021 has reached an estimated This figure represents the income Gen Zers earn from full-time or

Bed Bath & Beyond launches home décor line

Bed Bath & Beyond launches home décor line

UNION, N.J. – Bed Bath & Beyond this week introduced Studio 3B, a line of home décor merchandise inspired by contemporary design. Studio 3B is the seventh own-brand line the retailer has introduced this year. Available only at Bed Bath & Beyond, Studio 3B’s subtly refined, on-trend assortment includes décor, bedding, bathroom and accent furniture. The

Olay Body unveils new body lotion collection

Olay Body unveils new body lotion collection

CINCINNATI — Procter & Gamble Co.’s Olay Body brand is introducing the Olay Body Lotion Collection, a line of body lotions containing prestige skin care ingredients to hydrate and rejuvenate skin’s surface cells. Crafted by Olay Skin Experts and backed by more than 65 years of skin science, the hydrating formulas  combine niacinamide in its

Holiday retail sales projected to grow 7.4%

Holiday retail sales projected to grow 7.4%

PURCHASE, N.Y. – U.S. retail sales should hit an all-time high this holiday season, with consumer spending between November 1 and Christmas Eve increasing 7.4% from a year earlier, according to a forecast released today from Mastercard SpendingPulse. The forecast –- which doesn’t include a dollar projection and excludes automotive spending – foresees this year’s

Amazon reportedly planning bigger stores

Amazon reportedly planning bigger stores

NEW YORK — In the week that big-box retailers reported that shoppers are returning to stores came news of Amazon.com Inc.’s latest brick-and-mortar experiment. Citing people familiar with the plans, The Wall Street Journal reported that Amazon intends to open retail locations that would operate much like department stores, selling apparel, personal-technology gadgets, household items

Grocery sales, back-to-school spending fuel Walmart

Grocery sales, back-to-school spending fuel Walmart

BENTONVILLE, Ark. – Walmart continued to gain share of the U.S. grocery market in its second quarter, driven in part by growth in its nearly year-old Walmart+ membership program. A strong start to the back-to-school shopping season also helped lift comps at its U.S. stores, the company reported today. Walmart raised its forecast for fiscal

FMI applauds Senate Judiciary Committee on Rx legislation

FMI applauds Senate Judiciary Committee on Rx legislation

ARLINGTON, Va. – FMI – The Food Industry Association, which represents more than 12,000 supermarket pharmacies operated by food retailer member companies, on Thursday lauded the Senate Judiciary Committee for passing the bipartisan Prescription Pricing for the People Act (S.1388). Introduced by Sens. Chuck Grassley (R-IA) and Maria Cantwell (D-WA), this legislation would require the Federal

Grocers striving to be health destinations

Grocers striving to be health destinations

ARLINGTON, Va. — Food retailers are investing to turn their stores into community health and well-being destinations, according to a new report from FMI – The Food Industry Association. Eighty-four percent of respondents in a poll of grocery retailers said their company has an established health and well-being strategy, and this same share of retailers report that

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