Older Consumers Worth Wooing
Retailers and CPG companies focus their marketing efforts mainly on younger consumers, who they see as critical to their future growth. Fair enough. But older customers have a lot of money to spend.
Scot Meyer
Walmart Health shopping vacant clinics
Walmart is in the process of seeking buyers for its vacant health clinics, according to published reports. In April, Walmart announced the closure of all its medical centers and telehealth services, adding that its pharmacies at retail centers will continue to operate as normal.
Boots managing director Sebastian James to depart
LONDON – Walgreens Boots Alliance confirms that the Managing Director of Boots, Sebastian James, has given notice to leave the company to pursue a new role in the healthcare sector.
MMR, CDR honor “Retailers of the Year”
Racher Press hosted a gala reception last week to celebrate the winners of its MMR and Chain Drug Review Retailer of the Year awards for 2024. On hand to accept MMR awards were Dr.
Walmart expands pilot HIV screening program
BENTONVILLE, Ark.– Walmart has expanded its HIV Point-of-Care Screenings to 18 Specialty Pharmacies of the Community (SPOCs) – located within Walmart Pharmacies – in Colorado and Virginia.
Kroger’s Q1 earnings beat expectations
Kroger Co. posted first-quarter earnings that topped expectations.
Circana: Retail sales show signs of stabilization
In May 2024, U.S. retail sales, including both discretionary general merchandise and consumer packaged goods (CPG), changed very little compared to last year’s performance.
Rite Aid plans to shutter 12 more Michigan stores
Rite Aid plans to close 12 more Michigan stores, according to published reports citing a court filing earlier this week as the company seeks to exit federal bankruptcy protection. The document, filed Monday in U.S.
Hy-Vee awards $50,000 in grants to local minority- and women-owned businesses
Today, Hy-Vee, Inc. awarded $50,000 to minority- and women-owned businesses during the Hy-Vee OpportUNITY Inclusive Business Summit at the Sioux Falls Convention Center in Sioux Falls.
Fiesta Mart opens first new store since 2015
Fiesta Mart plans to celebrate the grand opening of its newest store in the Dallas-Fort Worth area on June 26. The new 49,000 sq. ft. store, located at 724 W. Main St. in in Lewisville, Texas, is the chain’s first new store since 2015. Fiesta Mart — founded in 1972 — currently operates
Video Forum: Chip Davis, Healthcare Distribution Alliance
In this week’s Video Forum, Chip Davis, president and chief executive officer of the Healthcare Distribution Alliance, talks about the evolution of the drug distribution sector, which links manufacturers, retail pharmacies, hospitals and other sites of care.
May retail sales show healthy gain
Retail sales in May rebounded from a tepid April, according to the latest CNBC/NRF Retail Monitor, released June 10 by the National Retail Federation. Total retail sales, excluding automobiles and gasoline, increased 1.
Store closings are up significantly
Ahold Delhaize recently said it would shutter an undetermined number of underperforming Stop & Shop supermarkets this year, joining what some press reports have described as a “tsunami” of planned retail store closings.
Divesting Family Dollar mulled by Dollar Tree
Dollar Tree Inc. has launched a review of “strategic alternatives” for its beleaguered Family Dollar unit, including “a potential sale, spin-off or other disposition of the business.
Inflation weary consumers turn to Dollar General store brands
Although inflation’s pace has slowed since the middle of 2022, the cost of everyday essentials continues to rise.
Event spotlights retailers’ vital role in enhancing health care
Retailers have a critical role to play in providing health care products and services in a way that is more personalized, inclusive, accessible and holistic, according to retail executives who spoke earlier this month at a WSL event called “Beyond Wellness. The Future of Health.