WOONSOCKET, R.I. — CVS Health missed first-quarter expectations and lowered its fiscal 2024 outlook as increased medical costs hurt its Medicare Advantage business. Its revised outlook assumes that the higher medical costs in its insurance business will persist throughout the year, the company said May
BENTONVILLE, Ark. – Walmart is pitching a new private-label grocery brand, bettergoods, to shoppers looking for “elevated culinary experiences.” Bettergoods represents the retailer’s biggest store-label food brand in 20 years in terms of its breadth of items, the first of which are now hitting Walmart
SEATTLE – Amazon posted better-than-expected revenue and earnings in the quarter ended March 31. Net sales increased 13% from a year earlier to $143.3 billion. The company reported first-quarter net income of $10.4 billion, or 98 cents a diluted share, compared to $3.2 billion a
BENTONVILLE, Ark. — Walmart today said it has made the “difficult decision” to close its Walmart Health and Walmart Virtual Care clinics, citing a lack of profitability. “The decision to close all 51 health centers across five states and shut down the virtual care offering
SEATTLE – Amazon today said it continues to increase the speed with which it gets deliveries to customers. Nearly 60% of orders placed through Prime across 60 U.S. metro areas in the first quarter arrived the same day or next day, the company said. Prime
ARLINGTON, VA – FMI – The Food Industry Association, has tapped Julie Savoie to lead the association’s strategic direction for, and implementation of, member workplace and workforce initiatives. She will also help oversee the FMI sustainability agenda. “Workforce capabilities are one of FMI’s Imperative Issues
WASHINGTON – Mother’s Day spending is expected to reach $33.5 billion this year, according to the annual consumer survey by the National Retail Federation and Prosper Insights & Analytics. The figure is the second highest in the history of the survey, following last year’s record
WASHINGTON – Soaring credit and debit card swipe fees cost the average U.S. household more than $1,100 last year, the Merchants Payments Coalition said. “American families should not get bilked for more than $1,100 each year on swipe fees,” MPC Executive Committee member and National
JACKSONVILLE, Fla. — The opportunities for grocery retailers to grow their health and beauty care and general merchandise sales are exponential, according to a new study by Acosta Group. In advance of this week’s 2024 National Association of Chain Drug Stores (NACDS) Annual Meeting, Acosta
SAN FRANCISCO — DoorDash is collaborating with Walgreens to offer SNAP/EBT payment at nearly 7,800 Walgreens stores across the country. DoorDash says it is the first platform to enables SNAP customers to make purchases directly from Walgreens using their SNAP/EBT cards, and is also the
WASHINGTON—The Council for Responsible Nutrition (CRN) said that Sauda Johnson has joined its membership team as director of education and events. Johnson brings a wealth of experience to CRN, the leading trade association for the dietary supplement and functional food industry. She has successfully coordinated
SOLON, Ohio — In the first quarter of this year alone, retail and foodservice buyers have sat through 34,342 product pitches during meetings with suppliers at ECRM’s category-specific Sessions, and the company is on track to host 100,000 of these meetings by year-end. At a
WASHINGTON — The Council for Responsible Nutrition (CRN), the leading trade association for the dietary supplement and functional food industry, announced today that a federal judge in New York State’s age restriction law case ruled that the association has standing to sue on behalf of its
TUCSON — Chain Drug Review and Mass Market Retailers have partnered with ECRM for Founders’ Innovation Day, an exclusive event designed for D2C and emerging brands to make the most of their potential at food, drug and mass retailers, and from e-commerce. The “day of
ALEXANDRIA, Va. – Hundreds of independent community pharmacists came to Capitol Hill in Washington, D.C., on April 17 and 18, to participate in the National Community Pharmacists Association’s Congressional Pharmacy Fly-In. The fly-in is an annual event, and this year’s took place at a time
ARLINGTON, VA – FMI—The Food Industry Association, has announced the finalists for…
SALISBURY, N.C. — Ahold Delhaize USA, the parent company of the grocery…
LAKELAND, Fla. — Publix honored six of its associates for their community…
MALVERN, Pa. – Cantaloupe Inc., a leading provider of end-to-end technology solutions…
CINCINNATI — Kroger Co. and Albertsons Cos. said Monday that they are…
ZAANDAM, the Netherlands – Five of the world’s leading grocery retailers have…
Funny how quickly things change. Remember when a prominent speaker at Cannes…
The economy delivered some bad news but mostly surprisingly good news for…
As noted elsewhere in this issue, artificial intelligence was front and center…
ZAANDAM, the Netherlands — Ahold Delhaize said Wednesday that it is opening…
SALEM, OR – The National Association of Chain Drug Stores (NACDS) is…
WASHINGTON – Data released by the U.S. Census Bureau on Monday shows…