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Inside This Issue - News

Walmart stumbles

Walmart was surprised by disappointing first quarter financial results as domestic sales were pressured by delayed tax refunds, higher payroll taxes, lower food inflation and bad weather.

Food Lion celebrates renewal of 178 stores

Food Lion has held grand reopenings at 178 stores in five states to celebrate its investment in lower prices and store upgrades.

Retail sales take a turn for the better during April

After faltering in March, retail sales rebounded somewhat in April.

Meijer unveils its 200th store

A 190,000-square-foot outlet that opened here earlier this month brought Meijer Inc.’s store count to 200.

Target bets on emerging technologies

Target Corp. has opened a new office here, called the Technology Innovation Center, in an effort to improve its online and mobile shopping offerings.

BI-LO, C&S ink distribution deal

BI-LO Holding has signed a long-term deal to have Keene, N.H.-based C&S Wholesale Grocers Inc. provide warehouse, transportation and most procurement services for all 480 Winn-Dixie supermarkets.

Earnings surge at CVS Caremark

With the ever-growing share of generic drugs suppressing top-line growth but helping to fortify gross margins, CVS Caremark Corp. rang up double-digit earnings gains in the face of flat revenues during the three months ended March 31.