Retail News Breaks Archives

Week of Mon, Nov 14th, 2011

Giant Eagle unveils CEO succession plan

After more than three decades, a new chief executive officer will take the helm at Giant Eagle Inc. next year.

Target sees third-quarter earnings jump

Pointing to a strong showing by its U.S. retail and credit card businesses, Target Corp. turned in robust earnings and sales gains for its fiscal 2011 third quarter.

Family Dollar debuts in California

Family Dollar Stores Inc. is opening its first locations in the Golden State.

U.S. sales up but net falls at Walmart in third quarter

Walmart reversed a string of nine consecutive quarters of comparable-store sales declines in its flagship domestic division although net earnings just missed analysts’ average forecast.