Financial News

Walgreens Boots Alliance sees sales gains amid earnings drop

The company posted sales of $34.6 billion — an increase of 0.7%, which the company attributed to growth in its American retail pharmacy and pharmaceutical wholesales divisions.
Coty reportedly interested in Kylie Cosmetics investment

According to a report, Coty is interested in a $600 million purchase of a 51% stake in Kylie Jenner's Kylie Cosmetics line.
SC Johnson acquires Sun Bum

S.C. Johnson announced that it will acquire Sun Bum, which creates products in the sun protection, hair care and lip care categories, as well as Baby Bum.
NRF: Retail sales see increase during May

Retail sales rose 0.5% in May over the previous month and increased 3.2% year-over-year, according to the National Retail Federation.
Walmart merging Jet.com into its digital business

Walmart is merging Jet.com’s retail, technology, marketing, analytics and products teams into the rest of its digital business.
Amazon expands New York's checkout-free convenience store

One month after Amazon Go made its New York City debut, the company has opened a second location in midtown at 300 Park Avenue.
Tatcha to become part of the Unilever family

Unilever has signed an agreement to acquire skin care brand Tatcha.
Dollar General reports net sales increase in Q1

Dollar General's net sales increased 8% to $6.6 billion in the first quarter of 2019, up 8% from $6.1 billion in the first quarter of 2018.

WBA’s Boots banner to close roughly 200 stores