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%
Retail News
RFK Jr asks FDA to strengthen oversight of food additives
The initiative seeks to revise the FDA’s “Generally Recognized as Safe” (GRAS) Final Rule.
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.
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.
The Fresh Market opens its first Spirits & Wine store
The 7,000-square-foot retail space features a range of alcoholic beverages, including bourbon, whiskey, rum, vodka, and European and domestic wines.
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.
Produce shoppers prioritize convenience and are influenced by social media, FMI report finds
“Younger shoppers, particularly Millennials and Gen Z, are driving significant shifts in the produce industry.”
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.
NACDS pushes for PBM reform as Senate weighs “hotline” process
“The negative impacts of inaction are mounting for Americans and for their pharmacies. Every day of inaction means continued drug-price inflation for people.“
Walgreens to go private in $24 billion buyout
The company will continue operations under its existing brand names and maintain its headquarters in the Chicago area.
Trump grants Mexico a month-long tariff reprieve
The president has not confirmed if the suspension also applies to Canada.
Kroger reports mixed Q4 results
The retailer issued a cautious outlook for the fiscal year 2025 due to economic uncertainties.
Soda Health teams up with Southeastern Grocers to expand smarter benefits
The partnership enables Medicaid, Medicare and other health insurance members to redeem benefits for healthy food and everyday health care items at Harveys Supermarket and Winn-Dixie.
