Financial News

As a result of the sale, Walgreens Boots Alliance’s ownership of Cencora’s common stock has decreased from roughly 12% to about 10%.

Nearly a third of consumers are cutting back on spending due to inflation, and a higher percentage say they have made changes to their financial priorities, according to a new study.

Albertsons’ net sales and other revenue increased to $24.3 billion during the first quarter of fiscal 2024 compared to $24.1 billion during the prior year period.

Crossmark and Product Connections will remain as separate agency brands within Acosta Group.

A bid by Kroger to dismiss a lawsuit in the state of Colorado seeking to halt its $24.6 billion merger with Albertsons has been denied.

The investment comes on the heels of the brand’s new launch, the Motherhood collection.

The portfolio to be acquired consists of global NRT brand Nicotinell and local brands Nicabate, Habitrol and Thrive in markets outside of the United States.

Stripes Beauty, founded by Watts in 2022, was created to normalize conversations about menopause, per the company.