Retail News Breaks Archives
The buyout of BJ's Wholesale Club Inc. has been completed by units of private equity firms Leonard Green & Partners (LGP) and CVC Capital Partners.
Supermarket chains with sizable pharmacy operations will see their gross profits edge up next year as brand-name drugs lose patent protection and higher-margin generic versions of those medications hit the market, according to a report from Moody's Investors Service.
Sam's Club next week is offering free women's health checkups in support of Breast Cancer Awareness Month.
Family Dollar Stores Inc. has appointed Mike Bloom president and chief operating officer, replacing R. James Kelly, who is retiring.
Safeway Inc. has named Dr. Kent Bradley as chief medical officer, a newly created position.