Pilot Pen G2 Edge

Issue 11-14-2022

Kroger-Albertsons deal faces fierce opposition

NEW YORK — Kroger Co.’s proposed deal to acquire Albertsons Cos. has galvanized opposition from the supermarket retailers’ biggest unions and others, including the attorneys general in three states and the District of Columbia, who filed lawsuits claiming that the deal runs afoul of antitrust and consumer protection laws. Opponents assert that completion of the

Dollar General celebrates debut of 100th pOpShelf

GOODLETTSVILLE, Tenn.— Dollar General’s pOpShelf chain celebrated the opening of its 100th store on the two-year anniversary of the format’s debut. “During the past two years, pOpshelf continues to positively resonate with customers through our fun shopping experience, on-trend merchandise and relevant price points,” said Emily Taylor, Dollar General’s executive vice president and chief merchandising

CVS, Walgreens settle opioid lawsuits

NEW YORK — CVS and Walgreens said this month they had reached tentative agreements to pay nearly $5 billion each to settle lawsuits over their roles in the opioid crisis. If completed, the deals would hasten the end of thousands of lawsuits in which state, local iiand tribal governments claimed pharmacies filled prescriptions that should

People welcome bigger Rx role

NEW YORK — As the nation’s two largest retail pharmacy chains invest to expand their capabilities in primary care, a new survey suggests that these initiatives are being welcomed by consumers. CVS Health has released “The Rx Report: A New Day in Retail Pharmacy,” highlighting the results of a CVS Health/Morning Consult survey that identified

Amazon posts profit in Q3

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

CVS beats Q3 sales, earnings forecasts

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 of $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

FMI, Tufts build on White House national strategy to end hunger

ARLINGTON, Va. — FMI – The Food Industry Association and The Gerald J. and Dorothy R. Friedman School of Nutrition Science and Policy at Tufts University recently 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

Holiday sales forecasts are upbeat

Holiday shoppers this year are facing rising prices, another interest rate hike that will make using their credit cards more costly, and the threat posed by new COVID variants, the flu and a surge in respiratory syncytial virus (RSV) infections. Despite all this, most forecasts for retail sales this holiday shopping season are pretty optimistic.