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Retail News Breaks Archives

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Week of Mon, Aug 12th, 2013

Disappointing sales prompt Walmart to cut guidance

Higher payroll taxes and gasoline prices constrained spending among Walmart’s shopper base, and the world’s largest retailer reported disappointing top- and bottom-line results for the second quarter.

Target partners with Metro on Quebec pharmacies

Canadian retailer Metro Inc.’s subsidiary, McMahon Distributeur pharmaceutique Inc., will operate in-store pharmacies in Target Corp. locations in the province of Quebec. Target plans to open its first 25 stores in Quebec this autumn.

Walgreens realigns Daily Living team

Walgreen Co. has announced a number of promotions and appointments in its Daily Living business leadership team, to take effect October 1.