ZAANDAM, the Netherlands — Ahold Delhaize’s net sales increased 9.1% at constant exchange rates to €22.4 billion ($22.42 billion). At actual exchange rates, net sales grew 20.8%, the company said on Wednesday. Comparable store sales (including gasoline) grew faster in the third quarter than they had in the second, growing 8.2% in the U.S. and
PORT WASHINGTON, N.Y. — The number of consumers planning to shop online for the holidays fell from 85% last year to 80% this year, which is the largest ever shift favoring stores, according to the annual holiday purchase intentions survey from The NPD Group. This is also the first year, since before the pandemic, that
LAKELAND, Fla. — As a token of appreciation for their service, Publix will offer veterans, active military and their families a 10% discount on their groceries on Veterans Day, Friday, Nov. 11. To receive the discount, at checkout customers must present a veteran or military ID card, a discharge document or a driver’s license with
WEST DES MOINES, Iowa — All Hy-Vee stores will host a free buffet-style breakfast for veterans and active-duty military members on Veterans Day beginning at 6 a.m. Additionally, all veterans and active service members will receive a 15% discount on grocery purchases all day. The Veterans Day breakfast is just one way that Hy-Vee is
DEERFIELD, Ill –VillageMD announced Monday that it has entered a definitive agreement to acquire Summit Health-CityMD, a leading provider of primary, specialty and urgent care. The transaction is valued at approximately $8.9 billion with investments from Walgreens Boots Alliance, Inc. (WBA) and an affiliate of Evernorth, a subsidiary of Cigna Corp. Together, VillageMD and Summit
DEERFIELD, Ill. — Walgreens has agreed in principle to financial amounts and payment terms as part of settlement frameworks to substantially resolve opioid-related litigation. Under these frameworks, the company expects to settle all opioid claims against it by participating states, subdivisions and tribes, for up to approximately $4.95 billion in remediation payments to be paid
WOONSOCKET, R.I. — CVS Health announced Wednesday that it has agreed in principle to a financial resolution designed to substantially resolve all opioid lawsuits and claims against the company by states, political subdivisions, such as counties and cities, and tribes in the United States. If all conditions are satisfied and the non-monetary terms – which
WOONSOCKET, R.I. — CVS Health easily beat analysts’ sales and earnings estimates for the third quarter and again raised its full year guidance. The company reported adjusted earnings per share $2.09 on revenue of $81.16 billion, which climbed 10% from a year earlier. Wall Street had expected adjusted EPS of $1.99 on revenue of $76.75
GOODLETTSVILLE, Tenn. — Jeff Owen will be added to Dollar General Corp.’s board of directors upon the effectiveness of his promotion to chief executive officer on November 1, 2022, the company said. With Owen’s appointment, Dollar General’s board will consist of 10 total members with extensive expertise and experience across several industries. In July 2022,
ARLINGTON, Va. — FMI—The Food Industry Association and The Gerald J. and Dorothy R. Friedman School of Nutrition Science and Policy at Tufts University on Friday hosted a gathering of food and nutrition sector leaders to forge solutions and spur collective action to support the historic White House National Strategy on Hunger, Nutrition, and Health,
SEATTLE — Amazon reported that its net sales increased 15% to $127.1 billion in the third quarter, compared with $110.8 billion in the third quarter of 2021. Excluding the $5.0 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased by 19% compared with last year’s third quarter. Net
ARLINGTON, Va. – Dr. Lauren Lyles-Stolz, PharmD, has joined the team of the National Association of Chain Drug Stores. She fills the new role of senior director of reimbursement, innovation and advocacy. Most recently, she served as health legislative assistant for U.S. Rep. Bradley S. Schneider (D-Ill.). At NACDS, she will serve as a subject