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  • Walgreens Q1 sales up 1.4% as it works toward closing Rite Aid deal

    DEERFIELD, Ill. – Still no announcement that Walgreens Boots Alliance has closed the deal on its proposed acquisition of Rite Aid, but that announcement will come soon, the company stated Thursday morning after posting first quarter sales of $20.7 billion, up 1.4%.

  • Millennials making big impact on dietary supplement category sales

    Perhaps because of their parents and grandparents, millennials are taking a shine to the use of dietary supplements as a strategy toward being healthier, according to the 2016 Consumer Survey on Dietary Supplements conducted by Ipsos Public Affairs on behalf of the Council for Responsible Nutrition. Overall, as many as 170 million U.S. adults, or 71% of the population, take dietary supplements.

  • CVS Health to Wall Street: ‘We own the last mile of care’

    NEW YORK — “We own the last mile of care.”
     
    That was perhaps the biggest takeaway Larry Merlo, president and CEO of CVS Health, delivered to Wall Street Thursday morning, during the company's annual analyst day presentations in New York. This last mile of care comprises the company's specialty, mail, retail pharmacy, retail clinics, long-term care and infusion service capabilities, Merlo explained.
     

  • Biotech stocks drop after Trump promises to ‘bring down drug prices’

    NEW YORK — Biotech stocks closed largely down on Tuesday, following a day of trading that began with a 2.5% drop in the SPDR S&P Biotech XBI index. The XBI closed down 4.02% and iShares Nasdaq Biotechnology ETF IBB closed down 2.94%. This is as the S&P closed up 1.32% and the Nasdaq closed up 1.14%. 
     

  • Navigating the health-and-wellness trend

    Health-and-wellness trends are taking the CPG and retail industries by storm, and that is no less the case when it comes to the confectionary industry specifically.

    As consumer dietary habits have shifted in recent years, confectionary companies in particular have had a tougher task of finding ways to drive growth in the candy aisles. Candy sales have been trending down, with consumers opting for better-for-you snacks.

    The bright spot for candy manufacturers and retailers has been novelty and seasonal confections.

  • Kroger drives Q3 sales up 5.9% in 'difficult operating environment'

    CINCINNATI -- Kroger on Thursday reported a total sales increase of 5.9% to $26.6 billion for the third quarter ended Nov. 5. Total sales, excluding fuel, increased 7.1% in the third quarter compared to the same period last year. Total supermarket sales, excluding fuel and Roundy's, increased 1.6% in the third quarter compared to the same period last year.  

  • Positive Q3 comps, e-commerce momentum lifts Walmart sales ahead of holiday season

    BENTONVILLE, Ark. - Walmart is already realizing the benefits of its focus on a scaled e-commerce operation. Reporting third-quarter results Thursday the company noted that e-commerce has contributed 50 basis points to its comparable growth of 1.2%, which is the strongest contribution, yet.

    And the company is still a week away from Black Friday and Cyber Monday. Which means, Walmart, along with its recent Jet.com acquisition, is still just revving its engines.

  • Hard sodas, flavored beers make a splash

    Beer is still America’s No. 1 alcoholic beverage, but retail experts say that U.S. consumers are buying less of it as they turn to other alcohol types, such as hard soda, cider and wine.

    (To view the full Category Review, click here.)

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