Latest Wholesale industry News

Niche growers supply high-end marijuana market in Arizona

Jan. 22, 2021 2:35 PM EST

PHOENIX (AP) — Inside a nondescript block building near Sky Harbor International Airport in Phoenix, workers pack hundreds of vacuum-sealed glass jars with high-end marijuana. They will sell for a steep premium at medical dispensaries across the state. Nearby, thousands of marijuana plants are meticulously...

FILE - In this April 29, 2020 file photo, amid concerns of the spread of COVID-19, a shopper wears a mask as she looks over meat products at a grocery store in Dallas.  U.S. wholesale prices rose 0.3% in December led by a the biggest jump in energy costs since June. The Labor Department reported Friday, Jan. 15, 2021 that the gain in its producer price index, which measures inflation pressures before they reach consumers, followed a modest 0.1% gain in November and matched the 0.3% rise in October.(AP Photo/LM Otero, File)

December wholesale prices up 0.3% with sharp jump in energy

Jan. 15, 2021 9:39 AM EST

WASHINGTON (AP) — U.S. wholesale prices rose 0.3% in December led by a the biggest jump in energy costs since June. The Labor Department reported Friday that the gain in its producer price index, which measures inflation pressures before they reach consumers, followed a modest 0.1% gain in November and...

FILE - This June 25, 2019, file photo shows a sign outside a Walgreens Pharmacy in Pittsburgh.  On Thursday, Jan. 7, 2021, Walgreens Boots Alliance lost $308 million in its first fiscal quarter due to a big charge tied to its ownership stake in the drug wholesaler AmerisourceBergen. The drugstore chain also saw COVID-19 continue to eat away at its business, particularly in the United Kingdom, but the company’s overall performance topped Wall Street expectations.   (AP Photo/Gene J. Puskar, File)

Walgreens tops fiscal 1Q forecasts as it fights pandemic hit

Jan. 7, 2021 11:13 AM EST

Walgreens Boots Alliance lost $308 million in its first fiscal quarter on a big charge tied to its stake in the drug wholesaler AmerisourceBergen. COVID-19 also continued to eat away at its business, particularly in the United Kingdom. But the drugstore chain’s overall performance topped expectations and...

FILE - This June 25, 2019, file photo shows the sign outside a Walgreens Pharmacy in Pittsburgh. Walgreens Boots Alliance will sell its pharmaceutical wholesaler business to AmerisourceBergen in $6.5 billion cash and stock deal. The drugstore chain says the deal will let it invest in and focus on its retail business, which has been hurt by sales declines during the COVID-19 pandemic.  (AP Photo/Gene J. Puskar, File)

Walgreens to sell drug wholesale business for $6.5B

Jan. 6, 2021 2:43 PM EST

Walgreens Boots Alliance will sell its pharmaceutical wholesale business to AmerisourceBergen in a $6.5 billion cash and stock deal. Pharmaceutical wholesalers essentially act as middlemen, purchasing drugs from manufacturers and then distributing them to customers like drugstore chains, hospitals and doctor's...

Denver Broncos quarterback Drew Lock (3) throws under pressure from Los Angeles Chargers defensive tackle Justin Jones during the second half of an NFL football game Sunday, Dec. 27, 2020, in Inglewood, Calif. (AP Photo/Ashley Landis)

Broncos staying the course in 2021 after another bad year

Jan. 1, 2021 5:58 PM EST

ENGLEWOOD, Colo. (AP) — It appears the Denver Broncos are all getting a mulligan for 2020, their fourth consecutive losing season and fifth without a trip to the playoffs. Vic Fangio, Drew Lock and Pat Shurmur will try to engineer an end to the organization's playoff drought in 2021. General manager John...

FILE - This Aug. 1, 2007, file photo shows farm-raised eel from China bears a red tag by the Food and Drug Administration for inspection in the cold storage warehouse of the Pacific American Fish Company, Inc. in Vernon, Calif. California Attorney General Xavier Becerra sued five seafood companies including the Pacific American Fish Company, on Tuesday, Dec. 29, 2020, alleging they have sold fish that contains lead and cadmium in the state without legally required warnings. (AP Photo/Damian Dovarganes, File)

California sues seafood companies over alleged lead, cadmium

Dec. 29, 2020 7:17 PM EST

SACRAMENTO, Calif. (AP) — California Attorney General Xavier Becerra sued five seafood companies on Tuesday, alleging they have sold fish that contains lead and cadmium in the state without legally required warnings. The state's lawsuit alleges the companies violated Proposition 65, which prohibits...

FILE - In this April 2, 2015, file photo, Gene Dasher, left, and Frankie Crosby, center, use wire baskets on the end of 14-foot handles to tong oysters while Misty Crosby separates clumps of oysters at Apalachicola Bay, near Eastpoint, Fla. The Florida Fish and Wildlife Conservation will shut down wild oyster harvesting for as long as five years. The Commissioners hope that the pause and $20 million in restoration and monitoring, will restore a portion of the oyster fishery. (AP Photo/Mark Wallheiser, File)

Florida shuts down bay known nationally for its oysters

Dec. 16, 2020 1:42 PM EST

TALLAHASSEE, Fla. (AP) — Because of a dwindling oyster population, a Florida agency voted unanimously Wednesday to shut down oyster harvesting in Apalachicola Bay through the end of 2025, dealing a blow to an area that historically produced 90% of the state’s oysters and 10% of the nation’s....

Lakota-owned bookstore fills void in Rapid City

Dec. 16, 2020 1:15 PM EST

RAPID CITY, S.D. (AP) — A new location in the heart of downtown Rapid City gives Lily Mendoza more space to support education, advocate for other women, and promote Native American books and authors. Mendoza is the owner of the Bird Cage Book Store and Mercantile, a shop she ran in The Racing Magpie for...

'Panic buying' of Christmas trees hits NC amid tree shortage

Dec. 14, 2020 12:02 AM EST

ASHEVILLE, N.C. (AP) — A cold drizzle fell on Boyd’s Christmas Trees, but the holiday spirit hummed along apace at the Swannanoa River Road tree lot, where Rhonda Heath said she’s had the best season in more than a decade. “With COVID being on this year, I’ve had customers tell...