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.
Retail News
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.
NIQ Brandbank and RangeMe collaborate to improve product discovery for wellness categories
Through this collaboration, NIQ Brandbank’s verified product data will integrate seamlessly with RangeMe’s platform.
RILA urges Trump to prioritize renewing TCJA
"Tariffs on Canada and Mexico in particular risk destabilizing the North American economy," says RILA's Michael Hanson.
Walmart celebrates a decade of empowering women-owned businesses
Over the past decade, the impact of the Women-Owned logo has grown exponentially. It now appears on countless products, websites, business cards, and Walmart.com.
Target unveils bold $15 billion growth plan through 2030
The company aims to enhance the digital experience, value, and speed to elevate the consumer shopping journey.
CRN announces 2025 ‘Day on the Hill’ to advocate for dietary supplement industry
The event will spotlight the industry’s vital role in providing consumers with safe, beneficial, and science-backed nutrition products.
Target CEO warns tariffs may raise prices soon
Target, reliant on Mexican produce in winter, may increase prices for customers this week says CEO Brian Cornell.
NRF urges U.S. negotiations with Canada and Mexico, not tariffs
“As long as these tariffs are in place, Americans will be forced to pay higher prices on household goods,” says NRF's David French.
Target reports solid Q4 performance, sets cautious 2025 outlook
The company anticipates year-over-year profit pressure in the first quarter due to ongoing consumer uncertainty, tariff impacts, and the timing of certain costs.
Susan Morris to succeed Vivek Sankaran as Albertsons CEO
Morris will take the helm, and a seat on the board, following Sankaran's planned retirement on May 1.
Trump says tariffs on Canada and Mexico will start Tuesday
The tariffs will affect a wide range of goods, with Canadian energy products such as oil and electricity subject to a lower 10% rate.
Retail industry faces economic uncertainty despite strong start to 2025
“Weak consumer perceptions and uncertainty from the lack of clarity regarding future government policies and regulations can significantly hinder business operations.”
Kroger announces resignation of CEO Rodney McMullen
Ronald Sargent appointed chairman of the board of directors and interim CEO.