ZAANDAM, the Netherlands — Ahold Delhaize today announced that chief financial officer Natalie Knight is leaving the company to pursue another career opportunity. A search for a successor has begun, the company said. Knight joined Ahold Delhaize as executive vice president, finance, in 2020 after more than four years as chief financial officer at European
BOISE, Idaho — Albertsons Cos. reported net earnings of $375.5 million, or 20 cents a share, for fiscal third quarter ended December 3. That’s down from $424.5 million, or 74 cents a share, in prior year period. Adjusted net income was $505 million, or $0.87 per share, which beat the 66 cent FactSet consensus forecast.
KEASBEY, N.J. – Wakefern Food Corp. today announced its Own Brands Supplier Diversity Summit. The latest summit is an open call to diverse private label manufacturers to source exciting new and trending food and beverage products for potential addition to Wakefern’s award-winning Bowl & Basket and Wholesome Pantry store brands portfolio. Certified Diverse private label
PHILADELPHIA — Rite Aid Corp. announced Monday that its board of directors has appointed Elizabeth (“Busy”) Burr, a member of the company’s board, as interim CEO, effective immediately. Burr’s appointment follows Heyward Donigan’s departure from the company as president and CEO, and as a member of the board. Rite Aid has initiated a search to
WEST HILLS, Calif. — Nature Made launched “The Start of Something Great,” one of its largest advertising campaigns to date, which focuses on establishing Nature Made vitamins as the transformative regimen to set good days in motion. The Start of Something Great The campaign, which is running across three major broadcast networks along with a
WASHINGTON – The National Retail Federation announced it will introduce a new Consumer Product Showcase at NRF 2023: Retail’s Big Show. The program provides a forum for small businesses to feature their consumer-facing products for national merchandisers. The majority (84%) of products showcased will be from minority-owned, women-owned, veteran-owned, disability-owned or LGBTQ+-owned companies. “Retailers are continuously looking to
DEERFIELD, Ill. — Walgreens Boots Alliance posted first quarter sales and earnings that topped analysts’ forecasts. WBA reported adjusted earnings per share of $1.16, surpassing the expected $1.14. Revenue for the three-month period ended Nov. 30 was $33.38 billion, ahead of the projected $32.84 billion. Walgreens’ front end sales grew 0.8 percent, with same-store sales
NEW YORK — With family planning rights under major threat in several states, the Food and Drug Administration (FDA) announced this week a move to expand access to abortion. Now chains such as CVS and Walgreens will be able to sell abortion pills to those with prescriptions. The FDA gave the green light to mifepristone
OKLAHOMA CITY – Oklahoma Attorney General John O’Connor announced on Wednesday four new settlements in the State’s opioid litigation. With these new settlements, Oklahoma has now recovered more than $900 million in opioid settlements. Oklahoma now ranks near the top of all states in total funds recovered on a per capita basis from the companies
WEST DES MOINES, Iowa — Hy-Vee will host its next quarterly Best of Local Brands Summit in March to expand and enhance the product offerings at its more than 285 retail stores in Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, South Dakota and Wisconsin. Since the Best of Local Brands summits began in early 2021, more
WASHINGTON – It’s too soon to say whether the Federal Reserve’s efforts to reduce inflation will lead to a recession, but continuing interest rate hikes increase the chances, National Retail Federation Chief Economist Jack Kleinhenz said Tuesday. “This year starts with the possibility of easing inflation but also uncertainty,” Kleinhenz said, referring to the interest
WEST DES MOINES, Iowa — Hy-Vee is offering several events in January to help people get a jumpstart on their health goals. With the start of the new year, Hy-Vee’s team of registered dietitians will offer 1,000 free Vitamin D screenings at nearly 60 stores throughout Hy-Vee’s eight-state region. Vitamin D is an essential nutrient