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Walmart aims to win Black Friday with an AI shopping assistant, early access and big deals
Walmart is also launching a 10-chapter “advertainment” series called Deals of Desire.
Michelle Peluso to step down from CVS and join Revlon as CEO
Peluso joined CVS in 2021 as chief customer and experience officer.
Walgreens names Jason Stenta SVP and chief commercial officer
Stenta will lead B2B commercial growth strategy.
Village Super Market CEO Robert Sumas plans to step down, effective December 13
John J. Sumas will be CEO, and Nicholas Sumas will be president and board chairman.
Walgreens to close 1,200 stores over next 3 years
Walgreens Boots Alliance announced the closings as part of its earnings report for the fourth quarter of fiscal 2024, which ended August 31. The company posted sales and profits that beat Wall Street's expectations.
Costco's sales growth slows in Q4, but earnings beat estimates
For the full fiscal year, Costco posted net sales of $249.6 billion, a 5% rise compared to the 53-week fiscal 2023.
Retail sales stayed strong in August, despite sluggish job market
CNBC/NRF Retail Monitor finds total sales were up 2.08% year over year for the first eight months of the year.