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RETAIL NEWS

  • Bed Bath and Beyond reports digital growth in Q1

    Bed Bath and Beyond reported net earnings of $43.6 million, or $0.32 per diluted share, for the quarter, which included the impact of approximately $0.06 from severance costs.
  • Kroger to locate new tech headquarters in Cincinnati

    Kroger has announced that it is locating its new digital headquarters in downtown Cincinnati and expects to grow its digital team to more than 1,000 over the next three years.
  • Walgreens Boots Alliance sees lift in Q3 earnings

    Walgreens Boots Alliance on Thursday reported a jump in third quarter earnings and unveiled a $10 billion share repurchase program, which executive vice chairman and CEO Stefano Pessina said demonstrates the retailer’s “confidence in future business performance.”
  • Kroger, Nuro to pilot autonomous delivery

    Kroger and Nuro, a manufacturer of self-driving vehicles designed for local goods transportation, announced on Thursday a new partnership to redefine the grocery customer experience by piloting an on-road, fully autonomous delivery experience.
  • Albertsons offers increased access to naloxone

    More than 1,600 Albertsons Companies pharmacies across 21 states have pharmacists with the ability to independently provide naloxone, a medication used to reverse the impacts of an opioid overdose, and to educate patients and caregivers about its use, the retailer has announced.
  • Publix recognized as one of the best workplaces for millennials

    Following a survey of more than 434,000 millennials, Fortune Magazine recognized Publix as one of the best workplaces for the millennial generation.
  • Rite Aid reports Q1 results

    For the first quarter of fiscal year 2019, Rite Aid brought in income of $214.4 million and swung to a net loss of $41.7 million from continuing operations.
  • Rite Aid’s Idaho pharmacists will soon prescribe some meds

    Rite Aid announced on Wednesday that, starting July 1, pharmacists at all locations in Idaho will be able to prescribe medications to treat select, common conditions like cold sores, seasonal influenza, strep throat and urinary tract infections, as well as statins for patients with diabetes.
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