Core retail sales remained solid on a monthly basis in September and saw another year-over-year gain despite an interest rate hike from the Federal Reserve and continuing inflation.
Kroger plans to team up with a rival in a deal that would combine the nation’s largest traditional supermarket company with a smaller rival to create a national footprint.
Although Walgreens Boots Alliance Inc. swung from profit to loss in the fourth quarter of fiscal 2022, the drugstore giant still exceeded the expectations of Wall Street analysts.