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Retail News Breaks Archives

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Week of Mon, May 17th, 2010

Asda to offer some cancer drugs at cost

British food and drug retailer Asda plans to sell all privately prescribed cancer treatment drugs on a not-for-profit basis, a move that it called a "world first."

Dollar Tree turns in double-digit sales increase

A rise in shopper traffic and the average basket size helped fuel a double-digit gain in revenue for the first quarter at Dollar Tree Inc.

Sales surge at BJ's Wholesale Club

BJ's Wholesale Club Inc. reported earnings that bested financial analysts' expectations for its first quarter, along with a double-digit sales gain.

Target gets lift from strong 1Q

Fueled by a better than expected retail performance, Target Corp. posted robust profit and sales increases in its first quarter.

Walmart 1Q tops Wall Street estimates

Wal-Mart Stores Inc. reported a healthy sales gain in its fiscal 2011 first quarter and posted earnings that beat financial analysts' forecast.

Rival discounters Target, Walmart play up electronics

As consumer spending gradually warms, rivals Target Corp. and Walmart are going head to head with enhanced electronics departments offering expanded arrays of products.

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