Inside This Issue - News
Target Corp. has hit a “rough patch” and needs to take aggressive steps to change the way it does business.
Walmart posted a 5% decline in fiscal first quarter profit, as revenue rose a modest 0.8%. Sales at U.S. stores declined for a fifth consecutive quarter.
Delhaize America’s Food Lion chain is adopting a new strategy based on low prices and an easier shopping experience.
Long-awaited warm weather did not bring a long-awaited surge in consumer spending last month.
Sears Holdings Corp. announced on May 14 that it is “exploring strategic alternatives” for its 51% interest in Sears Canada, including potential sale of the entire Canadian enterprise.
Synergies from Alliance Boots GmbH’s partnership with Walgreen Co. helped the Europe-based company lift its fiscal year net profit 31%.
Tops Markets LLC on May 14 opened a 52,000-square-foot Tops Friendly Market in the Rochester, N.Y., suburb of Irondequoit featuring a smaller layout the company bills as a prototype.
Whole Foods Market Inc.’s shares fell sharply after the company posted flat earnings for its second quarter and lowered its 2014 same-store sales and earnings forecasts.
CVS Caremark Corp. has formed clinical affiliations with four major regional health systems in Connecticut, Massachusetts and Georgia.
Roundy’s Inc. has begun to exit the Minneapolis/St. Paul market with an agreement to sell 18 Rainbow stores to a group of local grocery retailers, including Supervalu Inc., for $65 million in cash plus inventory.