Inside This Issue - News
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 has held grand reopenings at 178 stores in five states to celebrate its investment in lower prices and store upgrades.
After faltering in March, retail sales rebounded somewhat in April.
A 190,000-square-foot outlet that opened here earlier this month brought Meijer Inc.’s store count to 200.
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 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.
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.