August 21, 2014
Family Dollar Stores Inc. rejected Dollar General Corp.'s $8.95 billion acquisition bid, arguing that antitrust concerns would likely prevent the deal from taking place in its current form.
The company's board voted to back the previously announced $8.5 billion merger with Dollar Tree Inc.
Sears Holdings Corp. Thursday posted a wider fiscal second-quarter loss as sales declined for the 30th consecutive quarter.
The owner of the Winn-Dixie and BI-LO supermarket chains has called off its plans for an initial public offering.
Target Corp. on Wednesday reported lower earnings in its second quarter, citing sluggish sales and ongoing struggles to recover from last year’s data breach and its Canadian rollout.
Dollar General Corp. on Monday bid $8.95 billion for Family Dollar Stores Inc., topping Dollar Tree Inc.’s $8.5 billion offer.
Walgreen Co., as part of a revised operational structure shuffling some executive responsibilities, has named Richard Ashworth president of retail and pharmacy operations.
Supervalu Inc. has experienced data breaches that might have involved data theft.
Walmart executives kicked off a two-day U.S. Manufacturing Summit on Thursday, a gathering of 1,400 suppliers, government officials, industry experts, investors, bankers and others invited by the company to discuss ways to revitalize U.S. manufacturing.
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Timothy Toll has been appointed chief executive officer at Pharmavite LLC.
More than 150 Walmart officials mingled with representatives from key suppliers at the July 10 grand opening of a state-of-the-art facility hailed as "a place where Walmart and suppliers can plan the future."
Unilever is selling its Slim-Fast brand to Kainos Capital LLC, a Dallas-based private equity firm focused on acquiring and managing food and consumer brands.
Coty Inc. has revamped its organization to create a more integrated, consumer-focused business model.
The Global Market Development Center presented the GMDC Lifetime Achievement Award this weekend to Lou Martire, vice president of trade development at Energizer Household Products, for his contributions to the industry.
Bayer AG is buying Merck & Co.’s consumer care for $14.2 billion. Under the agreement, Bayer will acquire Merck’s existing over-the-counter medications business, including the global trademark and prescription rights for Claritin and Afrin.
Mars Inc. is partnering with Sumitomo Corp. of America to build a massive wind farm that will generate enough renewable energy credits to offset the energy use of Mars' entire U.S. operations, which involves 70 sites, including 37 factories.
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