Amazon restructures grocery business and lays off employees
Amazon's physical retail operations have faced challenges in recent years. Due to economic headwinds, Amazon Fresh paused the expansion of new locations in 2023.
Thorvardur de Shong
U.S. online spending to exceed $2 trillion by 2029
The rapid rise in online consumer spending is outpacing growth in the media and entertainment sector.
FTC withdraws request for delay in Amazon antitrust trial
FTC attorney Jonathan Cohen retracted his previous statement in a letter to U.S. District Judge John Chun in Seattle.
FMI applauds reintroduction of bipartisan PBM reform act
In a statement, FMI highlighted the essential role of supermarket pharmacies and the damaging impact of PBM practices on pharmacy viability.
FTC requests delay of Amazon antitrust trial
“We have lost employees in the agency, in our division, and on our case team,“ FTC attorney Jonathan Cohen stated.
RILA: Trade policies must protect consumers, not inflate prices
“We urge extreme caution in the use of tariffs to address unfair trade barriers to ensure that household budgets are not further squeezed by cost increases,” RILA said.
Consumer prices rose less than expected in February
Within the food category, egg prices surged 10.4% in February, bringing the 12-month increase to a staggering 58.8%
Albertsons expands hunger relief efforts with 1.5 billion meal commitment
The Nourishing Neighbors program will donate $10 million each year to fight food insecurity through focused initiatives.
Millie Bobby Brown’s coffee brand expands with ice lattes at Walmart
"My schedule is always on the go but I cannot go without my iced latte, so I wanted to create something that is the perfect creamy, delicious, and naturally sweetened pick-me-up for any time of day," said Millie Bobby Brown.
Kroger launches e-commerce division to boost online growth
Kroger reported e-commerce sales of $13 billion in 2024, underscoring the growing importance of its online operations.
CVS unveils new small-format pharmacies
These smaller stores will stock essential over-the-counter medications and first aid products but will not carry many consumer goods found in CVS.
Retailers modernize payment solutions to stay competitive
With digital transactions becoming the preferred method for most consumers, retailers that fail to modernize risk falling behind, says KPMG in a new report.
Quest Products acquires Beyond Health, owner of Doctor Butler’s
Beyond Health, P.A. specializes in over-the-counter solutions for hemorrhoid care, pregnancy and baby health, and healing and cleansing.
Dollar General reveals spring Dolly Parton line
The collection includes a variety of home décor, drinkware, at-home coffee bar supplies, and table linens.
Retail Monitor: February sales decline due to tariff worries
Despite a monthly decline, six of nine retail categories showed year-over-year gains, led by online sales, health and personal care stores, and general merchandise.
BJ’s Wholesale Club to add 25-30 new locations within two years
According to the company, each new BJ’s location is anticipated to generate 100 to 150 jobs in its local community.