Inside This Issue - News

Investors buy BJ’s

Ending months of speculation, BJ’s Wholesale Club Inc. agreed to be sold to private equity investors for $2.8 billion in cash.

High Court nixes class action vs. Walmart

In a momentous ruling expected to have ongoing repercussions, the Supreme Court rejected the class-action sex discrimination lawsuit against Walmart.

Whole Foods eyes new store blitz

Whole Foods Market Inc. can have 1,000 stores in the United States, more than tripling its current number, co-chief executive officer Walter Robb said last month.

Same-store sales revival at Rite Aid

Rite Aid Corp. is in the midst of a same-store sales resurgence.

Consumer confidence recedes

The Consumer Confidence Index fell in June for the second consecutive month.

Publix set to extend its reach

Publix Super Markets Inc. plans to enter the Knoxville market next year. The grocer currently has 30 stores in Tennessee, with 27 located in Middle Tennessee and three in the Chattanooga area.

Walgreens high on Windy City

Making a major investment in its home market, Walgreen Co. plans to remodel many of its 142 drug stores in Chicago, quadruple the number of “food oasis” stores there and expand its downtown office space.