Retail News Breaks Archives

Week of Mon, May 21st, 2012

Big Lots second-quarter profit disappoints Wall Street

Big Lots Inc. reported adjusted earnings for the second quarter that fell short of analysts’ estimates.

Shoppers Drug Mart to acquire Paragon Pharmacies

Shoppers Drug Mart Corp. (SDM) has agreed to purchase Paragon Pharmacies Ltd., a publicly held drug chain in western Canada.

Study: Fraction of shoppers make or break new CPG products

The success of a newly launched consumer package goods (CPG) product rests in the hands of just a tiny fraction of shoppers, a study by Catalina Marketing Corp. finds.