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QXO has agreed to acquire Beacon Roofing Supply in a deal that values the distributor of roofing, waterproofing and exterior products at about $11 billion, including debt.

PepsiCo Inc. is in advanced talks to buy healthier soda brand Poppi, according to people with knowledge of the matter.

Beacon Roofing Supply is in talks to be bought by QXO for about $11 billion including debt after rejecting an earlier takeover approach.

The offer, a roughly 8% premium to Walgreens’ closing price March 6 in New York, will turn one of the oldest, most recognizable U.S. drugstore chains into a private company.

Costco slipped in late trading after the big-box retailer posted profit that missed Wall Street’s expectations. Retailers have taken a more cautious outlook in recent weeks.

Walmart has asked some Chinese suppliers for major price reductions, with the retail giant’s efforts to shift the burden of tariffs facing strong pushback from firms in the Asian nation.

Both top U.S. grocery operators are moving on from their respective CEOs only months after a proposed deal to combine their operations was blocked by a federal judge.

The board of directors said it was made aware on Feb. 21 of “certain personal conduct by McMullen and immediately retained outside independent counsel to conduct an investigation.”

The CEO of Walmart Inc. said American consumers are showing signs of stress as food prices remain stubbornly high.