U.S. online grocery sales surged in January
While total grocery spending grew just 2.5% yearly, online grocery sales outpaced it significantly.
Retail News
Ed DeVaney named president of CVS Caremark
DeVaney had been named interim president in December 2024. He will report to Prem Shah, group president, CVS Health.
Retail sales drop in January after strong holiday season
According to the Census Bureau, overall retail sales in January declined 0.9% seasonally adjusted month over month.
NRF responds to reciprocal tariffs
NRF has issued a statement about the Trump administration’s plan to impose reciprocal tariffs on all trading partners.
Bryant Harris joins Rite Aid as chief merchandising officer
“As an accomplished leader driven by excellence, Bryant will be a great addition to the team to help further our mission,” says CEO Matt Schroeder.
Retail layoffs surge as shopping trends change
Retail job cuts nearly double as automation and shifting shopping habits reshape the industry.
U.S. Beauty Sales Up in 2024, driven by fragrance boom: Circana
In 2024, fragrance category sales rose 12%, with unit sales also growing in the prestige market.
Ahold Delhaize posts modest sales gains in fourth quarter, sets sights on 2025 growth
“Looking ahead, we see strong momentum to accelerate growth and earnings in 2025.”
CVS' earnings beat Wall Steet's estimates
The company said it expected 2025 earnings to range between $5.75 and $6 per share, which aligned with Wall Street’s expectations.
New headquarters serves as a force multiplier for Walmart
The 350-acre campus, half of which is devoted to green space, includes 12 office buildings. References to the retailer’s history and past leaders are evident throughout the campus.
FMI elects new board members as the food industry looks to a future of innovation and growth
"The addition of these new Directors strengthens our collective ability to meet the evolving needs of the industry and respond to the fast-paced changes that are transforming the way consumers shop for food."
Walgreens ordered to pay close to billion-dollar arbitration award
A federal court in Delaware ordered the chain to pay $988M to the telehealth company for an alleged contract breach.
AI-powered returns: The future of e-commerce logistics?
AI can improve return efficiency, help retailers prevent them, and minimize unnecessary transportation and processing steps, significantly cutting costs.
Aldi to Open 225 Stores in 2025
This move is part of Aldi’s ongoing five-year national growth strategy.
January retail sales declined modestly from holiday season
While the latest CNBC/NRF Retail Monitor shows a slowdown following the holidays, it also highlights ongoing consumer confidence and spending capacity.
Aldi sells Winn-Dixie to Southeastern Grocers and C&S Wholesale Grocers
Aldi and SEG leadership commit to close collaboration for a smooth transition, with specialized teams handling store conversions and recruitment.