Retail pharmacy’s drive to secure enactment of meaningful PBM reform received a boost earlier this month when the leaders of the Senate Finance Committee spoke at a press briefing on Capitol Hill during NACDS RxImpact Day. Sens. Ron Wyden (D., Ore.) and Mike Crapo (R., Ind.
Building on burgeoning consumer interest in the link between health and nutrition, the grocery industry aims to raise its profile as a destination for a broad and expanding range of products and services that support customers’ well-being.
With a nod to this year’s International Women’s Day theme, Inspire Inclusion, the latest edition of Conversations with WE focused on the journeys of two female industry leaders.
Dollar General Corp. said financial results for its fiscal 2023 fourth quarter demonstrate progress in the “back to basics” approach adopted last year when Todd Vasos returned to the company as chief executive officer.
Costco Wholesale Corp. posted net sales growth of 5.7% for its second quarter as more members visited its warehouse clubs and spent more per trip. Traffic was up 4.3% in the United States and 5.3% companywide, Costco reported on March 7. Net income in the period through February 18 was $1.
Kroger Co. reported flat sales for the fourth quarter and fiscal year ended February 3, but profits beat expectations. The retailer reported a $736 million profit on sales of $37.1 billion for the three-month period. Kroger noted that identical sales (excluding fuel) decreased 0.
Some forecasters see partly cloudy skies ahead for the U.S. economy, which could translate into weaker sales gains for retailers in the coming months. The Conference Board recently upgraded its forecast, saying that it no longer expects a recession this year. But the news is not all good.
warfare in Europe and the Middle East, high food prices, and the promise and peril of generative AI among them — have diluted the sense of urgency to address climate change, it’s heartening to see a major private sector initiative, designed to reduce greenhouse gases, come to
and, no great surprise, the news is overwhelmingly positive. To begin at the beginning, Craig Jelenik, the retailer’s longtime (and very effective) chief executive officer, has retired, ending an era of unprecedented retail success.
