Corporate Governance

Unilever Ventures and Silas Capital provided first-round dual funding to Oak Essentials, a skincare brand founded by Jenni Kayne.

In recognition of World Mental Health Day on Oct. 10, Sephora will donate 100% of global Rare Beauty sales to the Rare Impact Fund.

Phallon Obomanu, VP of customer development of drug & specialty channels at Kenvue, highlights the importance of purpose-driven initiatives in retail pharmacy.

The FDA has approved Alembic's generic Albenza and generic Invega.

The company also noted that it has added SNAP/EBT payment capabilities to new merchants.

According to a report, the company is discussing a possible break-up of its retail and insurance units and the elimination of 2,900 jobs.

Spanning across California, Delaware, Florida, Iowa, New York, North Carolina, Tennessee and Hawaii, the new stores fall in line with the retailer’s stores-as-hubs model.

For the first time, Walmart invited dozens of Walmart merchants from Canada and Mexico to Open Call, creating an opportunity for suppliers to export their products to international markets.