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LEADING HEADLINES

Sephora, Ulta turn up the heat in beauty care

Sephora, Ulta turn up the heat in beauty care

NEW YORK — Sephora and Ulta Beauty have altered the beauty care landscape, siphoning off customers from both department and mass stores. And both specialty retailers show no signs of slowing down — suggesting that mass retailers must find new strategies to stem the losses,

Lidl says first U.S. stores will open June 15

Lidl says first U.S. stores will open June 15

NEW YORK — Lidl announced that its first U.S. stores will open June 15, the first of 20 stores that the German discount grocer intends to open this summer in North Carolina, South Carolina and Virginia. A year from now, the company expects to have about 100

Target’s Q1 earnings exceed expectations

Target’s Q1 earnings exceed expectations

MINNEAPOLIS — Target Corp. today said net income increased to $681 million, or $1.23 a share, in the first quarter, a 7.7% increase from $632 million, or $1.05 a share, reported a year ago. Same-store sales slid 1.3% in the period, as store traffic continued

Marsh Supermarkets files for Chapter 11

Marsh Supermarkets files for Chapter 11

INDIANAPOLIS — Marsh Supermarkets LLC could close all of its remaining 44 stores if no buyer is found by early July. The chain filed for Chapter 11 bankruptcy protection Thursday to maintain operations as it seeks a purchaser. While the filing was “extremely difficult, we

Whole Foods makes changes to board

Whole Foods makes changes to board

AUSTIN, Texas — Whole Foods Market shook up its leadership structure on Wednesday, replacing five directors, naming a new board chair and making official the hiring of a new chief financial officer. The management shake-up was described as part of the company’s “accelerated path to

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RETAIL NEWS

WBA, Rite Aid certify compliance with FTC

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) and Rite Aid Corp. said they have met the Federal Trade Commission’s second request for information on their planned merger. Late Monday, WBA and Rite Aid announced that they have “certified substantial compliance,” meaning that they have provided

Schnucks taps Peacock as president, COO

ST. LOUIS – Former Anheuser-Busch president David Peacock has joined the regional supermarket chain Schnuck Markets Inc. as its president and chief operating officer. Peacock had served as a member of Schnucks’ advisory board since July 2013 and will give up that role in his

Marsh Supermarkets sells Rx files to CVS

WOONSOCKET, R.I. — CVS Health has bought the prescription files of Marsh Supermarkets’ 37 pharmacies in Indiana. CVS said the Marsh pharmacy files will be transferred to nearby CVS Pharmacy locations between May 3 and 5. Financial terms of the transaction weren’t disclosed. “CVS and

CVS Health tops Wall Street’s 1Q forecast

WOONSOCKET, R.I. — Despite declines in its retail pharmacy business, CVS Health saw sales rise and beat Wall Street’s earnings projections for its fiscal 2017 first quarter. CVS said Tuesday that for the quarter ended March 31, revenue totaled $44.51 billion, up 3% from $43.22

Food Lion to remodel Richmond area stores

SALISBURY, N.C. — Food Lion said it will remodel 71 stores in the greater Richmond, Va., market this year. The chain will invest $110 million in the stores, including the actual store revamps and additional price investments throughout the year, as well as investments in

SUPPLIER NEWS

Edgewell Personal Care names Mekhail as Americas VP

ST. LOUIS — Adel Mekhail has been appointed vice president for the Americas at Edgewell Personal Care. Edgewell said Mekhail’s new role encompasses commercial functions for North America and Latin America. Previously, he served as vice president and general manager for the company’s private brands

Hallmark named greeting card brand of the year

KANSAS CITY, Mo. — Hallmark has been named Greeting Card Brand of the Year in the Harris Poll EquiTrend Study for the seventh year in a row. Hallmark said it received the highest numerical equity score among greeting card brands included in the 2017 Harris

Perrier adds new sparkling mineral water flavors

STAMFORD, Conn. — Nestlé Waters North America has expanded its lineup of flavors for Perrier sparkling natural mineral water. Perrier is now offered in strawberry and watermelon flavors. Both sparkling waters contain natural flavors and have no calories or sweeteners. Both of the new flavors

Gillette On Demand online shave club launches

BOSTON — Every guy knows that buying shaving blades is not only a hassle but expensive, which helps to explain the rise of shave clubs. Now Gillette, which has its own club, has made buying blades even more convenient — and less costly. Through Gillette

Dollar General and Coca-Cola salute military

GOODLETTSVILLE, Tenn. — Dollar General Corp. has teamed up with Coca-Cola Co. on a new Share a Coke patriotic can series honoring service members, veterans and their families. Dollar General will exclusively offer the Coca-Cola Share a Coke military 16-ounce can collection from Memorial Day