RANDOLPH, N.J. — LaRose Industries, which does business as Cra-Z-Art, said Thursday that it has acquired Mattel’s arts, crafts and stationery businesses. The deal includes the popular RoseArt and Rose Moon brands and the rights to produce and sell all associated products including premium USA Gold and USA Titanium pencils, and Scribble Stuff that will anchor the new writing
CAMP HILL, Pa. — Rite Aid Corp.’s third quarter sales climbed 12% to $6.12 billion, but adjusted earnings slipped to 40 cents a share from 54 cents a year earlier, hurt by elevated expenses. Still, both sales and earnings beat Wall Street’s estimates. Net income for the quarter ended November 28 was $4.3 million, down
WOONSOCKET, R.I. — CVS Health and the CVS Health Foundation announced on Tuesday a total of nearly $1.25 million in grants to help underserved communities in Ohio increase access to food and health care. CVS Health will provide $1 million to free and charitable clinics in Ohio to increase access to telehealth services in coordination with the National Association of Free and
GRAND RAPIDS, Mich. — Meijer announced that holiday shoppers will be able to use the services of its Meijer Pickup program at no charge on orders over $50. The move is part of the retailer’s initiative to provide holiday shoppers with multiple ways to conveniently and safely shop its stores, Meijer said in an October
WOONSOCKET, R.I. — CVS Health is offering special access for clients, customers and employees to Fitness+, a subscription fitness service that Apple unveiled on Tuesday. The new service, set to arrive later this year, will aim to use data from a user’s Apple Watch to personalize a studio-style workout that fitness enthusiasts will access via
BENTONVILLE, Ark. – Walmart is taking the “next step” in a test of automated drones to deliver groceries and other household essentials. The retailer is partnering with Flytrex on a pilot launching September 9 in Fayetteville, N.C., focused on deliveries from Walmart stores using Flytrex’s drones, according to a blog post on Walmart’s corporate website
In the inaugural episode of Winning in the New World, Brian Owens, senior vice president of global health and wellness retail insights at Kantar, reflects on what recent developments in the marketplace mean for retailers and suppliers. Topics include the safety imperative created by COVID-19, omnichannel capabilities, and coronavirus’ long-term impact on business.
OAKLAND, Calif. — Clorox has tapped 17-year company veteran Linda Rendle to serve as its next chief executive officer. She will be promoted to that post and elected to the company’s board of directors effective September 14, the company said on Wednesday. Benno Dorer will continue serving as the board’s executive chair. Dorer has served
ZAANDAM, the Netherlands — Ahold Delhaize posted net sales of €19.1 billion ($22.71 billion) in the second quarter. That is an increase of 17.1%, or 15.9% at constant exchange rates. Comparable sales growth (excluding gas) was up 20.6% in the United States and 10.2% in Europe. The company saw net consumer online sales increase by
WASHINGTON — The Council for Responsible Nutrition (CRN) will hold its annual flagship events virtually in 2020. The traditional science-focused day-long symposium, “The Workshop: CRN’s Day of Science,” is transforming to span two half-days, renamed as “Science In Session,” taking place on Tuesday, Oct. 13, and Wednesday, Oct. 14. “The Conference: CRN’s Annual Symposium for
BRAMPTON, Ontario — Loblaw Cos. posted strong sales gains for its fiscal second quarter, as COVID-19 boosted consumer demand. But spending on safety measures related to the pandemic hurt earnings, the company said Thursday. “Loblaw delivered strong operational performance, as both our base business and strategic growth pillars performed well amidst the extraordinary conditions brought
ISSAQUAH, Wash. — Costco Wholesale Corp. posted sales of $36.45 billion for its third quarter ended May 10, a 7.3% increase over the comparable period in 2019. Same store sales, adjusted to exclude the impacts of fuel sales and the effects of currency changes, increased 8% in the United States and 7.8% for the entire