Retail sales spike in JanuaryRetail sales in the United States, excluding auto, increased 7.2% year-over-year, according to the Mastercard SpendingPulse report. Cardinal Health reports revenue growth in Q2Cardinal Health reported Q2 revenue of $45.5 billion, an increase of 9% from the same period last year. Albertsons raises fiscal outlook as it posts increase in Q3 revenue Acceleration of its digital and omnichannel capabilities helped fuel Albertsons’ increase in Q3 revenues of $16.7 billion. Costco reports sales gain for December Costco reported net sales of $22.24 billion for the five weeks ended Jan. 2, 2022, an increase of 16.2% from $19.14 billion last year. Walgreens Boots Alliance raises guidance amid strong Q1 results Walgreens Boots Alliance beat analysts’ expectations for fiscal first-quarter earnings as customers came to stores for COVID-19 vaccines and tests. Rite Aid to close 63 stores Alongside its Q3 results, the retailer shared plans to close 63 stores to help reduce costs and drive profitability. Costco kicks off Q1 with strong earnings, revenue Costco reported Q1 results with earnings, revenue and comparable sales that beat analysts despite ongoing supply chain disruptions and inflation pressures. Kraft Heinz to acquire majority stake in Just Spices Kraft Heinz reached an agreement to acquire an 85% stake in Germany-based Just Spices, with the remaining 15% ownership stake to be retained by the brand’s three founders. Walgreens reportedly considering sale of U.K.-based Boots pharmacy According to a report, Walgreens is putting advisors in place, including Goldman Sachs, to explore options for Boots. Kroger’s strong Q3 results fueled by consumers opting to dine at home The retailer reported that its total sales rose 7.4% to $31.86 billion and digital sales on a two-year stack grew 103%. First Previous 18 19 20 21 22 Next Last
