Department: HBC

  1. Department: HBC

The ‘time is now’ to redefine pharmacy’s role

ORLANDO, Fla. — In its 90th year, the National Association of Chain Drug Stores (NACDS) remains focused on the same yet ever-evolving goal: Leading the future of an industry dedicated to advancing health and wellness for all Americans. That is the central theme at this year’s NACDS Regional Chain Conference, which is currently underway. Justin […]
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  1. Department: HBC

Hairitage launches anti-dandruff collection at Walmart

NEW YORK — Hairitage by Mindy McKnight, a pioneer in inclusive hair care, is introducing a revolutionary line of antidandruff products exclusively at Walmart. The Hairitage Anti-Dandruff collection raises the industry standard for scalp care, with cleaner formula solutions to eliminate every type of dandruff, each priced at less than $10. This pH optimized and […]
2 min read
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  1. Department: HBC

Bed Bath & Beyond closing 87 more stores

NEW YORK —Bed Bath & Beyond said today it is closing an additional 87 stores, as the retailer seeks to consolidate its assets ahead of a possible bankruptcy filing. The company confirmed the closures in a statement, adding it was also closing all Harmon health and beauty store locations. “As we work with our advisors […]
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  1. Department: HBC

Disclosure Rules for Alcohol, Cannabis Sales

Online sellers of alcohol and marijuana face a slew of disclosure requirements, such as permissible age, allowable products, shipping restrictions, and more. The post Disclosure Rules for Alcohol, Cannabis Sales appeared first on Practical Ecommerce.
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  1. Department: HBC

Cost of living crisis: Key challenges and opportunities for UK brands

The latest GDP figures showed that the UK economy grew by 0.1% in November, boosted by the World Cup and spending on food and drink. But bad economic news continues to stack up. The Bank of England is predicting a “very challenging” two-year recession. The Office for Budget Responsibility (OBR) has forecast a 1.4% fall […]
3 min read
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  1. Department: HBC

Food Lion Pilots New Food Pharmacy Program

Ahold Delhaize-owned Food Lion announced that it is collaborating with Novant Health “to launch a food pharmacy pilot program at Novant Health New Hanover Regional Medical Center in Wilmington, NC … The pilot program provides qualified participants access to nutritious food and encourages them to make healthy lifestyle choices to achieve sustained health. Throughout the […]
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  1. Department: HBC

CVS introduces one + other personal care brand

WOONSOCKET, R.I. — CVS Pharmacy has launched one+other (pronounced ‘one another’), a new beauty and personal care brand that the company says is designed to celebrate individuality with a line of self-care essentials designed to be mixed and matched. According to a survey conducted by The Harris Poll on behalf of CVS Health, 91% of […]
2 min read
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  1. Department: HBC

Regional Chain Conference speakers address key issues

ORLANDO — The 2023 National Association of Chain Drug Stores Regional Chain Conference closed Tuesday with more presentations from top speakers on the most timely issues affecting the industry and the patients and consumers it serves. A key feature of the programming was the One-to-One Business Conferences — a highly popular element of the schedule […]
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  1. Department: HBC

KFC Balances Employees and Customers for Sustainability

  Balancing a ‘dual mandate’, is the mantra most business leaders have been hearing a little too much of lately. So, just what is the most important dual mandate within the retail food sector today? That mandate according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® is branded messaging with equal relevance […]
4 min read
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  1. Department: HBC

Unilever names Hein Schumacher as new CEO

Global beauty and consumer giant Unilever has appointed Hein Schumacher as its new CEO. Schumacher, who has been a non-executive of Unilever since October last year and began his career at the group in 1997, will take over from outgoing CEO Alan Jope on 1 July. Schumacher is currently CEO of the global dairy and […]
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  1. Department: HBC

Shipping’s 2023 Transformational Trends

The e-commerce industry is heading into a year of rapid change and potential uncertainty, as labor and capacity issues could intensify or ease, carrier and rail strike concerns could reemerge, and fuel prices and shipping surcharges might be a crapshoot. Plus, ever-evolving technologies, strategies and innovations make keeping up with customers’ expectations increasingly difficult. However, […]
3 min read
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  1. Department: HBC

Walmart, CVS Say They Will Cut Pharmacy Hours

The Wall Street Journal reports that CVS and Walmart “are cutting pharmacy hours in the midst of a pharmacist shortage that has plagued the nation’s biggest drugstore chains throughout the Covid-19 pandemic. “CVS, the largest U.S. drugstore chain by revenue, plans in March to cut or shift hours at about two-thirds of its roughly 9,000 […]
2 min read
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  1. Department: HBC

Holiday sales fall short of forecast

WASHINGTON — Retail sales during 2022’s November-December holiday season grew 5.3% over 2021 to $936.3 billion, falling short of the National Retail Federation’s forecast amid continuing inflation and high interest rates, NRF said. While holiday growth was less than expected, sales for the year grew 7% over 2021 to $4.9 trillion, meeting NRF’s forecast of […]
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  1. Department: HBC

Video Forum: Sheila Arquette, NASP

Sheila Arquette, president and CEO of the National Association of Specialty Pharmacy, tells this week’s Video Forum about recent developments in specialty pharmacy. Among the subjects she addresses are what community pharmacies can do to raise their profile in specialty Rx, the importance of coordination across the continuum of care, the impact of biosimilars, and […]
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  1. Department: HBC

FDA says CBD may not be safe in food and supplements

The Food and Drug Administration yesterday said that products infused with CBD do not meet federal safety standards and require stricter regulations. The use of products with CBD has grown in recent years and the FDA’s announcement is likely to have a negative impact on businesses manufacturing and selling them. The FDA has asked Congress […]
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  1. Department: HBC

Amazon UK stores and strikes: RTIH presents the retail technology week in numbers

Do you like numbers? Do you like retail systems news? Then this is the article for you. Including Emperia, Amazon UK, Mercaux, Gemba, Adobe, and Twinco Capital. $18 million…Gemba, a virtual reality training startup used by the likes of Nike, Coca-Cola, and Amazon, has bagged $18 million in a Series A round of funding from […]
5 min read
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  1. Department: HBC

CVS and Walmart are cutting pharmacy hours

CVS plans to reduce pharmacy hours in roughly two-thirds of its drugstores beginning in March. Walmart in the same month will begin closing its pharmacies at 7 p.m. instead of 9 p.m. at most of its stores. A shortage of pharmacists and techs has forced many retailers to alter their hours of operation in recent […]
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  1. Department: HBC

Should Your Business Invest in Technology Now?

The big takeaway Your customers will respond to offerings that are genuinely useful and helpful to them, even in an economic downturn. The key is investing in innovation that adds value, rather than chasing what’s trendy. Need proof?  Beauty giant L’Oreal has invested more in research and development every year, even in tough times. That […]
5 min read
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  1. Department: HBC

The Evolution of Medical Benefit Contracting: How Pharma Can Prepare

Today’s guest post comes from Saket Patel, Consultant, Advisory Services at MMIT. Saket discusses market access and contracting strategies for medical benefit products when pharmacy benefit biosimilar therapies launch. He then describes how to automate formulary and medical policies to protect manufacturers from overpayment. Click here to learn about MMIT’s Contract Validation solution. Read on […]
2 min read
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  1. Department: HBC

CVS Health launches Community Equity Alliance

WOONSOCKET, R.I. —CVS Health announced a new initiative that will address barriers to care in underserved communities across the country. The CVS Health Community Equity Alliance is being established to expand the community health worker workforce, enhance connections between health care institutions and communities and address disparities in heart health and mental health outcomes. The Alliance […]
3 min read
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  1. Department: HBC

Food Lion launches ‘food pharmacy’ pilot program

SALISBURY, N.C. —  Food Lion and Novant Health are collaborating to launch a food pharmacy pilot program at Novant Health New Hanover Regional Medical Center in Wilmington, NC. A leading omnichannel retailer serving towns and cities across 10 states, Food Lion is committed to nourishing neighbors and families, setting them up for success in life. […]
2 min read
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  1. Department: HBC

Meijer Grocery format debuts with two new stores

GRAND RAPIDS, Mich. — Supercenter pioneer Meijer opened its first two Meijer Grocery stores in the Detroit metro area on Friday, introducing a more streamlined, food-focused shopping experience to customers in communities where there is no room for a full-sized Meijer store. “As a company, we’ve opened more than 500 supercenters, neighborhood markets and Meijer […]
3 min read
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  1. Department: HBC

CVS, Walmart to cut pharmacy hours amid labor concerns

NEW YORK — CVS Health and Walmart said they will be reducing pharmacy hours to address the ongoing pharmacist shortage, The Wall Street Journal reported Friday. CVS plans to cut or shift operating hours at about two-thirds of its 9,000-strong U.S. network in March, while Walmart intends to close most of its nearly 4,600 stores two […]
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  1. Department: HBC

Chipotle seeks to hire 15,000 restaurant workers ahead of busy spring months

[[ Getty Images Chipotle Mexican Grill is seeking to hire 15,000 restaurant workers ahead of its busiest time of the year, which runs from March to May. In recent months, restaurants have found it easier to attract and retain workers, a reversal after the labor crunch that ensued after pandemic lockdowns. However, the sector has […]
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  1. Department: HBC

Translating trends into innovation: How beauty brands in APAC can stay relevant

Today’s consumers want the beauty brands they use to source ingredients ethically, are transparent and authentic, appealing to the senses, and offer products with high efficacy. With this in mind, how can brands find the right balance of these trends while still delivering good value to their discerning consumers? In 2023, there will be a […]
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  1. Department: HBC

Mondelēz International Reports Q4 and FY 2022 Results

Full Year Highlights Net revenues for the full year increased +9.7% driven by Organic Net Revenue1 growth of +12.3% with underlying Volume/Mix of +2.7%. For the fourth quarter, Net revenues increased +13.5% driven by Organic Net Revenue1 growth of +15.4% with underlying Volume/Mix of +1.6% Diluted EPS was $1.96, down 35.5%; Adjusted EPS1 was $2.95, up +11.9% on […]
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  1. Department: HBC

Aldi expands Too Good To Go partnership nationwide following successful trial

Aldi is rolling out its partnership with the world’s largest surplus food platform, Too Good To Go, across all of its 990 UK stores. Following a successful trial last year, Aldi is now offering surplus food bags available nationwide, in a bid to tackle food waste while also offering even lower prices to customers. The […]
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  1. Department: HBC

dunnhumby’s Sixth Annual Retailer Preference Index (RPI) for U.S. Grocery
THE GROCERS BEST ‘BUILT TO LAST’

H-E-B, Costco Best Navigate The 2020 – 2022 Pandemic Grocery Market Upheaval, Bumping Amazon From Its Top Ranking Customers emerged from 2020 – 2022 placing more importance than ever on finding the right balance of savings and quality while placing less importance on saving time. Pandemic surge in retailer digital capabilities and consumer digital adoption […]
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