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RETAIL NEWS

  • Aromatherapy is piping hot

    The proof a category is hot can be measured not only by the number of players looking to participate in that category, but also by the heft of new entrants. Such is the case with aromatherapy, and this year, a major player in the VMS space is “getting their sniff on.”

  • Jean Coutu Group sales up 1.9% despite generic pressures

    VARENNES, Québec  — The Jean Coutu Group on Friday posted a 1.9% increase in revenues to $576.8 million for the quarter ended Nov. 26.

  • Supermarket Wellness Watch: 5 Key Health Trends For 2017

    A new year typically leads food retailers to mull what’s ahead. No one wants to be blindsided by new forces. However, the bigger risk involves underestimating how existing trends will grow in importance. Here’s a look at five developments that will mean more in 2017. 
     
    1. Consumers Demand ‘See-Through’ Products
     

  • Healthy snacks eat into diet aids sales

    Sales of diet aids are rocketing across retail right now thanks in no small part to the 38% of Americans who made weight-related resolutions for 2017. Of course, it won’t last long. As many as 25% of New Year Resolutionists lose their conviction in the first week. And less than half will still be weight-loss focused at the mid-year mark.

  • Nutrex powers up before workouts

    Nutrex is introducing a new pre-workout product called OutLift that is differentiated by having no proprietary blend (full disclosure ingredients) and contains no “banned” ingredients. Fully-disclosed labels means the formulation of the product isn’t hiding within a proprietary ingredient. “It’s 10 clinically-dosed ingredients,” said Raul Gil, Nutrex research VP sales.

  • Newly created independent Ahold company names Roger Wheeler president

    NEW YORK — Retail Business Services, an independent company that provides support services to Ahold USA and Delhaize America local brands, appointed Roger Wheeler as its president.

    Wheeler has more than 20 years in retail operations, including a number of roles with Stop & Shop and Ahold USA, including stints as senior vice president of supply chain and third party management, Oracle program leader and VP of meat and seafood.

  • Costco net sales rise by 5% in December

    ISSAQUAH, Wash. — Costco Wholesale’s net sales increased by 5% year over year to $13 billion during a five-week period ended Jan. 1. For the 18-week period ended Jan. 1, net sales rose to $43.18 billion versus $41.66 billion during the same period in 2015.

    Comparable store sales rose by 3% in the United States in the five-week period, and a total of 1% during the 18-week period. Canadian stores were Costco’s shining star when looking at both periods, increasing 7% in the five-week period and 5% in the 18-week period.

  • McKesson Technology Solutions to become 'Change Healthcare'

    SAN FRANCISCO  — McKesson and Change Healthcare on Thursday announced that they will adopt the name "Change Healthcare" following the creation of a new healthcare information technology company.

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