Albertsons Cos. debuts simplified loyalty program
Albertsons Cos. has launched a new, simpler version of its “for U” loyalty program, designed to provide more value and greater ease for the retailer’s 38 million loyalty program members.
Scot Meyer
NACDS hails enactment of Idaho PBM Reform Bill
signed on April 1 by Governor Brad Little (R-ID) — will help reduce prescription drug prices and preserve Idahoans’ access to pharmacies and pharmacy services. HB 596 includes important PBM reforms
CRN comments on FDA NDI guidance
In regard to FDA issuing draft guidance on NDI notification master files for supplements today, CRN president and CEO Steve Mister offered the following comments on the development: “It’s a positive development to see the FDA moving ahead with this draft guidance.
Mastercard to raise credit and debit card fees
WASHINGTON – Almost immediately after agreeing to reduce “swipe” fees charged to merchants to process credit card transactions, Mastercard plans to increase fees for both credit and debit card transactions by more than $250 million this month, the Merchants Payments Coalition said Wednesday.
Hy-Vee dietitians to offer free A1C screenings in April
Hy-Vee Inc. will provide 2,000 free A1C screenings in April at select Hy-Vee stores throughout its eight-state region, the company said Wednesday. This simple blood test measures average blood sugar levels over the past three months. This is a common test used to identify prediabetes or diabetes.
CVS adds tuition assistance and scholarship programs
To support the next generation of pharmacists, CVS Health announced two new offerings for pharmacy students: an enhanced PharmD tuition assistance program for eligible CVS Pharmacy interns and a new scholarship for students enrolled in pharmacy schools nationwide.
NRF: Economy ‘sturdy’ despite slower growth
WASHINGTON – Despite expectations for slower growth of both gross domestic product and retail sales, the economy should continue to do well the remainder of this year, National Retail Federation chief economist Jack Kleinhenz said today.
Kristen Wiig returns as ‘Target Lady’ in campaign
MINNEAPOLIS – Target has has enlisted actress Kristen Wiig to reprise her role as the iconic Target Lady in a national advertising campaign to support its Target Circle Week promotion.
NACDS promotes three staff members in key roles
The National Association of Chain Drug Stores (NACDS) has promoted three staff team members to roles deemed critical for the association and the industry it serves.
Dollar General promotes 18 executives
Dollar General has promoted 18 executives to new roles at the company. Leslie Allen has been promoted to senior vice president, human resources. In this role, she will continue to support DG’s store operations team, which now encompasses more than 20,000 retail stores including pOpshelf and Mexico.
Q2 gains reported by Costco
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’s earnings top expectations
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.
Mixed Forecast for ’24 Retail Sales
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.
Walmart’s carbon cuts should be an exemplar
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
Costco’s aura has never been brighter
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.
Influential Women: Claudine Adamo, Costco
As executive vice president of merchandising at Costco Wholesale Corp.