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Consumers on Weight Loss Drugs Expected to Spend Double on New Clothes After Losses
Consumers on Weight Loss Drugs Expected to Spend Double on New Clothes After Losses
December 03, 2023  |  Retail

The rising popularity of certain weight loss drugs might end up helping apparel makers. That’s according to a recent survey by investment banking firm Stifel,...

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J&J’s Medical Device Sales Feel the Side Effects of Weight-Loss Drugs 
J&J’s Medical Device Sales Feel the Side Effects of Weight-Loss Drugs 
October 17, 2023  |  Healthcare

Riding high, Johnson & Johnson reported pharmaceutical sales worth $13.89 billion on Tuesday (Oct 17), a year-over-year growth exceeding 5%.  The pharmaceuticals driving its growth...

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Why Walmart Grocery Sales Are at Risk
Why Walmart Grocery Sales Are at Risk
October 04, 2023  |  Retail

Walmart has reportedly found that customers who buy appetite-suppressing medications like the diabetes drug Ozempic are buying less food. The retailer is analyzing anonymized data on...

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Rite Aid Rides Ozempic Wave but Fails to Profit  
Rite Aid Rides Ozempic Wave but Fails to Profit  
June 29, 2023  |  Retail

During its fiscal first quarter, Rite Aid reported a boost in pharmacy sales, attributed to the introduction of a new category of drugs.  Pharmacy sales...

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