Dollarama Inc., Canada’s largest operator of dollar stores, said on Wednesday that profits rose 21% to $100 million in the fourth quarter as same-store sales jumped 8.5%, up from the 1.1% increase a year earlier.
H.J. Heinz Co. and Kraft Foods Group Inc. said on Wednesday that they are merging to create the world's fifth-largest food and beverage supplier, with annual revenue of $28 billion.
Walmart on Wednesday began featuring products from women-owned businesses with a logo on in-store packaging and on the company’s website.
CVS Health has made a series of promotions, led by the appointment of Josh Flum as executive vice president of pharmacy services.
Rite Aid Corp., in another sign of its financial turnaround, has opened its first newly built store since 2010.
Rite Aid Corp. kept up its same-store sales momentum in February and reported increased sales for the fourth quarter and fiscal year, the latter finishing in line with the company\'s forecast.
Target Corp. has unveiled a turnaround plan based on streamlining its headquarters operations to cut costs, boosting its information technology and supply chain investments, and adjusting its merchandise mix to strengthen its relationship with its most loyal consumers.
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