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Retail News Breaks Archives

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Week of Mon, Aug 18th, 2014

Sears reports sales decline, net loss in quarter

Sears Holdings Corp. Thursday posted a wider fiscal second-quarter loss as sales declined for the 30th consecutive quarter.

Family Dollar rejects Dollar General's Bid

Family Dollar Stores Inc. rejected Dollar General Corp.'s $8.95 billion acquisition bid, arguing that antitrust concerns would likely prevent the deal from taking place in its current form.

Winn-Dixie owner cancels IPO

The owner of the Winn-Dixie and BI-LO supermarket chains has called off its plans for an initial public offering.

Target reports lower earnings in 2nd quarter

Target Corp. on Wednesday reported lower earnings in its second quarter, citing sluggish sales and ongoing struggles to recover from last year’s data breach and its Canadian rollout.

Dollar General bids for Family Dollar

Dollar General Corp. on Monday bid $8.95 billion for Family Dollar Stores Inc., topping Dollar Tree Inc.’s $8.5 billion offer.