RETAIL NEWS

After a successful pilot in 15 stores, SpartanNash will expand the use of Simbe’s autonomous inventory robot at 60 additional store locations.

Instacart revealed that it would lay off about 250 employees, or approximately 7% of the company, as it restructures, according to a letter to shareholders.

In the U.S., net sales decreased by 1.5% at constant rates and comparable sales declined by 1%.

The superstore and wholesale space performed well across the board in 2023, with leading retailers seeing consistent year-over-year quarterly visit growth throughout the year.

Panelists discussed health and wellness innovation, the Nourish My Health public education campaign and pharmacy’s role in value-based care, among other topics.

Several essential reforms have advanced in the 118th Congress, such as Medicaid managed care pharmacy payment reform and a ban on spread pricing.

The up&up line of everyday essentials is getting new packaging and will see the reformulation of 40% of existing products to meet higher quality standards.

The retailer said it will invest $500 million to lower prices following the merger with Albertsons.