ARLINGTON, Va. – National Association of Chain Drug Stores (NACDS) president and chief executive officer Steven Anderson issued the following statement today upon passage of the Pharmacy Benefit Manager Transparency Act (S. 127) by the U.S. Senate Commerce, Science, and Transportation Committee: “NACDS applauds the continued focus and diligence that the U.S. Congress is bringing to
NEW YORK – The Private Label Hall of Fame Class of 2023 was inducted last night during PLMA’s Annual Meeting & Leadership Conference in Orlando. Presented by PLMA and Store Brands magazine, the Private Label Hall of Fame was created in 2006 to recognize the men and women who have made significant contributions to the growth and
GRAND RAPIDS, Mich. — Meijer announced today the winners of its 2022 Legacy Awards, recognizing seven individuals across the company for their impact on their teams, customers and communities. The company also announced recipients of its first-ever Meijer Impact award, which celebrates an exceptional team’s accomplishments and extraordinary acts of service. “While a lot about
PITTSBURGH — Giant-Eagle appointed Bill Artman, a nearly 40-year company veteran who most recently served as president of supermarkets, to the post of interim chief executive officer. He replaces Laura Karet, who has served as CEO since 2012. “After much consideration, I’ve decided to move on to the next chapter of my life and leave
ARLINGTON, Va. – The National Association of Chain Drug Stores (NACDS) has put forth recommended policy solutions for a U.S. Senate Committee interested in addressing shortages of healthcare workers. “As Congress works to construct legislation to augment the healthcare workforce and implement strategies to meet patient demand for needed care, we appreciate the opportunity to
CHICAGO — Annual spending per consumer has increased to $10,471, up $440 versus a year ago, according to Circana, formerly IRI and The NPD Group. Leveraging consumer purchase data across the CPG, foodservice and general merchandise sectors, new Circana research provides the first-of-its-kind, comprehensive view into the complete wallet, offering 360-degree insights into spending patterns and the
CHICAGO — Last year, food inflation at retail and food service exceeded levels reached during the Great Recession. Even with inflation currently moderating, higher food prices will continue influencing consumers’ spending and eating behaviors this year, reports Circana, formerly IRI and The NPD Group. Food will always be consumers’ priority in tough and good economic
ORLANDO, Fla. – The Consumer Healthcare Products Association (CHPA) on Tuesday announced the appointment of Lisa Paley as Chair of its Board of Directors following its March board meeting held during the association’s annual Self-Care Leadership Summit (SLS) in Orlando, Florida. Paley, a standing CHPA’s Board of Directors member since March 2019, leads the North America
ORLANDO – The Consumer Healthcare Products Association (CHPA) Monday awarded its Ivan D. Combe Lifetime Achievement Award to longtime industry leader Jim Mackey at the opening session of its annual Self-Care Leadership Summit (SLS) here. The award is the highest honor bestowed by the U.S. consumer healthcare industry, recognizing the outstanding work and contributions of individuals
CHICAGO – Consumer demand is declining across nearly every segment of the U.S. discretionary general merchandise and consumer packaged goods (CPG) industry, even as elevated prices recede from peak levels. Don Unser and Marshal Cohen of Circana (formerly IRI and The NPD Group) look below the surface of current retail performance in this $2.9 trillion
GOODLETTSVILLE, Tenn. — Dollar General Corp. reported strong sales for the fourth quarter and fiscal year (53 weeks) ended February 3, although store traffic was down and sales came in below expectations. Fourth quarter net sales increased 17.9%, and fiscal year net sales increased 10.6%. Same-store sales in the fourth quarter increased 5.7%, falling short
CAMP HILL, Pa. — Andre Persaud, chief retail officer at Rite Aid, has left the company. Bill Miller, senior vice president of central retail operations, will serve as acting head of retail operations. Chief pharmacy officer Karen Staniforth will oversee store pharmacy operations. The company provided no details on Persaud’s departure, saying, “We appreciate his