Retail News & Headlines
November 18, 2020
Top stories in retail news and the business headlines that interest us today.
Walmart See Stockpiling Again
“With the latest surge, retailers have adjusted their policies. On Saturday, Walmart resumed counting the number of customers in stores to make sure they had more room to socially distance. Some grocers, including Kroger, Wegmans and Publix, have reinstated purchasing limits on toilet paper, disinfecting spray and hand sanitizer.”
Mars Purchases Kind Brand
Business Insider — Candy maker Mars just bought healthy snack company Kind in a deal reportedly worth $5 billion
“Mars is known for producing prominent candy brands including Snickers, M&Ms, Twix, and others. Kind sells healthier snacks, like granola bars and fruit bars, and claims to avoid artificial flavors, added sugar, and preservatives. It says it uses “nutritious food as the first and predominant ingredient in every food product,” Business Insider reported earlier this year.”
Amazon Pharmacy
“The move is the latest effort by Amazon to tap into the healthcare business after earlier this year testing a new way to control prescription costs and improve medication adherence for its U.S. employees. And the new Amazon Pharmacy service is sure to bring more pressure on big drugstore chains CVS Health, Walgreens Boots Alliance and Walmart that have been investing more in their home medication delivery and digital health operations in anticipation of Amazon’s moves.”
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