ISSAQUAH, Wash. — Costco Wholesale Corp. on Thursday reported strong sales and earnings that topped analyst expectations. Net sales for the 12-week quarter ended May 9 increased 21.7%, to $44.38 billion, from $36.45 billion last year. Net sales for the first 36 weeks grew 17.7%, to $130.61 billion, from $110.94 billion last year. Comparable store
SAN FRANCISCO — Instacart on Thursday introduced “Priority Delivery,” a new option that will deliver groceries in some markets in as little as 30 minutes. Instacart said customers in more than 300 store locations in 15 of the largest cities in the U.S., including Chicago, Los Angeles, Miami, San Diego, San Francisco, and Seattle, will now be able to access
NEW YORK — Alaffia has launched its Beautiful Curls collection. The plant-based and silicone-free products are made with handcrafted unrefined shea butter and coconut oil from the Alaffia Village women-led cooperatives in Togo, West Africa. The line features cleansing, conditioning and styling solutions for all styles and textures — from loose waves and big curls
SIMI VALLEY, Calif. — Derma E has introduced the Gentle Enzyme Peel that removes dry skin as a new addition to its dermatologist-recommended Essentials collection. Enriched with papaya and pineapple fruit enzymes, Derma E’s Gentle Enzyme Peel delivers antioxidants and calming benefits to help soothe and calm skin, instantly lifting dull skin and other impurities,
Washington D.C. – The National Grocers Association (NGA), the trade association representing the independent supermarket industry, on Thursday applauded the introduction of the Pharmacy DIR Reform to Reduce Senior Drug Costs Act in both chambers of Congress. The NGA said the legislation seeks to reduce patients’ cost-sharing, prevent plans and pharmacy benefit managers (PBMs) from
CHESAPEAKE, Va. — Dollar Tree reported consolidated net sales of $6.48 billion for the first quarter, up 3% compared with the prior year’s first quarter. Enterprise same-store sales increased 0.8% on a constant currency basis (or 0.9% when adjusted to include the impact of Canadian currency fluctuations). Same-store sales for Dollar Tree increased 4.7%. Family
BENTONVILLE, Ark. — Walmart said Thursday that it is teaming up with Gap to launch a new home essentials product line called Gap Home that will be available exclusively at Walmart. Available beginning June 24 exclusively on Walmart.com, the Gap Home collection will initially feature more than 400 items across home décor, tabletop, bedding and
ST. PETERSBURG, Fla. — Consumers are embracing a return to normal now that more people are vaccinated and mask guidelines have been relaxed, grocery/CPG shopping data from Catalina suggests. Beginning in late March 2020 when sheltering at home requirements were implemented, people began making fewer shopping trips to their local grocery stores while buying more
CHICAGO – IRI and KISS Products Inc. are continuing their long-standing partnership focused on adapting to and capitalizing on rapidly evolving consumer beauty trends using the IRI Market Advantage and IRI Consumer and Shopper Insights Advantage on the Unify visualization platform. The beauty industry experienced significant demand disruption as consumers shifted their behaviors in response to
GOODLETTSVILLE, Tenn. — Dollar General reported net income of $677.7 million for the first quarter of 2021, an increase of 4.2% compared to $650.4 million in the first quarter of 2020. Diluted earnings per share increased 10.2% to $2.82 for the first quarter of 2021 compared to diluted EPS of $2.56 in the first quarter
WOONSOCKET, R.I. — CVS Health announced Thursday that beginning June 1, eligible customers who received or plan to receive a COVID-19 vaccination through CVS Health may enter the #OneStepCloser sweepstakes for an opportunity to win one of over a thousand prizes. “We’re grateful for the millions of people who’ve received one of the well over
NEW YORK — Coty Inc. has promoted Andrew Stanleick to chief executive officer for the beauty business created by Kylie Jenner. In addition, Stanleick will also manage Kim Kardashian West’s business for Coty with a focus for both brands on driving global expansion and entry into new beauty categories. Both businesses are part of Coty’s