Ulta Beauty announced plans to open 80 new stores and reported that its net sales rose 12%, while its same-store sales did not meet estimates of a 6.6% rise.
More than five retail chains are opening stores for every retailer that is closing stores in 2019, according to research from IHL Group, which is up from 3.7 in 2018.
Cardinal Health's fourth-quarter revenue for the pharmaceutical segment increased 6% to $33.4 billion due to sales growth from pharmaceutical distribution and specialty solutions customers.
Walgreens Boots Alliance announced plans to close roughly 200 U.S. stores, according to a new SEC filing. The U.S. closures will accompany the closure of another roughly 200 stores in the United Kingdom.
Actor Dwayne Johnson, who has acquired a stake in Voss Water, will serve as a brand partner and strategic advisor, as well as appear in the “Live Every Drop” campaign.
As part of the acquisition, Nature’s Ultra will continue to operate independently and provide CBD products that are legal under federal law, the company said.
