Albertsons raises profit forecast and looks to future after Kroger merger collapse
Albertsons has outlined a growth strategy focused on digital sales and retail media.
Retail News
NRF Chief Economist: 2024 ‘Ended on a High Note’ with promising 2025 outlook
The U.S. economy ended 2024 on a strong note with resilient consumer spending, falling inflation, and robust labor market growth, setting a promising outlook for 2025.
H-E-B named top U.S. grocery retailer by dunnhumby RPI
H-E-B topped dunnhumby’s 2025 Retailer Preference Index as a new price-conscious mindset among U.S. grocery shoppers prioritized savings, quality, and value.
Circana expands YouTube Sales Lift to include Shorts and In-Feed ads
Circana has enhanced its YouTube Sales Lift Solution, providing advertisers deeper insights.
Labor challenges drive retail’s shift to digital solutions
With labor shortages persisting, mobile apps are emerging as a critical tool for retailers to improve efficiency.
Start the new year healthy: Walmart hosts nationwide Wellness Day events
Nearly 4,600 Walmart pharmacies across the country will offer free health screenings.
Albertsons Cos. launches third annual Innovation Launchpad competition
"We are thrilled to host this competition again as it not only creates opportunities for emerging brands but also allows us to discover new and innovative products to delight our customers.”
CVS Pharmacy achieves CVS CostVantage milestone
All commercial prescriptions dispensed at CVS Pharmacy will now be reimbursed through CVS CostVantage.
Fraudulent returns cost retailers $103 billion in 2024
Retailers lost $103 billion to fraudulent and abusive returns in 2024, as stricter policies often backfired by deterring loyal customers.
New California laws to combat shoplifting take effect
California's new shoplifting laws, effective January 2025, aim to curb retail theft while emphasizing accountability and rehabilitation for offenders.
McKesson Corp. completes divestiture of Canada-based Rexall and Well.ca businesses
Birch Hill acquired the drugstore chain from McKesson Corp. in a transaction that closed Dec. 30.
Ingles Markets grapples with Hurricane Helene fallout, reports year-end losses
"We are truly thankful for all the volunteers and the outpouring of support for our region.”
Mastercard SpendingPulse: U.S. retail sales grew 3.8% this holiday season
“The value-minded consumer showed up to shop at brick-and-mortar stores and e-commerce platforms, with retailers managing across both to capture attention throughout the season."
Big Lots makes deal to save brand and keep hundreds of stores open
Transaction with Gordon Brothers Retail Partners will enable the transfer of assets to other retailers and companies, including variety wholesalers.
Circana: Holiday tech sales see strong growth
Holiday tech sales surge as Circana highlights booming consumer demand for innovative gadgets.
Grubhub reveals bold ordering trends of 2024
Chicken ruled supreme, while social media fueled a pickle and cottage cheese renaissance.