April 5, 2010 by MMR
Retail News
CAMP HILL, Pa. — Store closings and weak same-store sales led to a revenue decline for Rite Aid Corp. in its fiscal 2010 fourth quarter, with the drug store chain also falling short of Wall Street’s earnings estimate. Store closings and weak same-store sales led to a revenue decline for Rite Aid Corp. in its
April 5, 2010 by MMR
Retail News
NEW YORK — After dropping off in the previous month, consumer confidence rebounded in March, according to The Conference Board. After dropping off in the previous month, consumer confidence rebounded in March, according to The Conference Board. The New York-based economic think tank said this week that its benchmark Consumer Confidence Index came in at
April 5, 2010 by MMR
Retail News
NEW YORK — After dropping off in the previous month, consumer confidence rebounded in March, according to The Conference Board. After dropping off in the previous month, consumer confidence rebounded in March, according to The Conference Board. The New York-based economic think tank said this week that its benchmark Consumer Confidence Index came in at
April 5, 2010 by MMR
Retail News
CAMP HILL, Pa. — Rite Aid Corp. saw its same-store sales improve but still come in flat during March. Rite Aid Corp. saw its same-store sales improve but still come in flat during March. The drug store chain said Wednesday that for the four weeks ended March 27, same-store sales dipped 0.1% from a year
April 5, 2010 by MMR
Retail News
CAMP HILL, Pa. — Rite Aid Corp. saw its same-store sales improve but still come in flat during March. Rite Aid Corp. saw its same-store sales improve but still come in flat during March. The drug store chain said Wednesday that for the four weeks ended March 27, same-store sales dipped 0.1% from a year
April 5, 2010 by MMR
Retail News
NATICK, Mass. — The board of directors at BJ’s Wholesale Club Inc. has authorized the repurchase of up to an additional $200 million of the company’s common stock. The board of directors at BJ’s Wholesale Club Inc. has authorized the repurchase of up to an additional $200 million of the company’s common stock. The warehouse
April 5, 2010 by MMR
Retail News
NATICK, Mass. — The board of directors at BJ’s Wholesale Club Inc. has authorized the repurchase of up to an additional $200 million of the company’s common stock. The board of directors at BJ’s Wholesale Club Inc. has authorized the repurchase of up to an additional $200 million of the company’s common stock. The warehouse
April 5, 2010 by MMR
Retail News
DEERFIELD, Ill. — Walgreen Co. has received regulatory clearance from the Federal Trade Commission to complete its planned acquisition of Duane Reade Holdings Inc. Walgreen Co. has received regulatory clearance from the Federal Trade Commission to complete its planned acquisition of Duane Reade Holdings Inc. Walgreens said Tuesday that it expects to close the acquisition
April 5, 2010 by MMR
Retail News
DEERFIELD, Ill. — Walgreen Co. has received regulatory clearance from the Federal Trade Commission to complete its planned acquisition of Duane Reade Holdings Inc. Walgreen Co. has received regulatory clearance from the Federal Trade Commission to complete its planned acquisition of Duane Reade Holdings Inc. Walgreens said Tuesday that it expects to close the acquisition
April 5, 2010 by MMR
Retail News
MINNEAPOLIS — Supervalu Inc. has agreed to sell six bigg’s supermarkets and their pharmacies in the greater Cincinnati area to local grocery chain Remke Markets. Supervalu Inc. has agreed to sell six bigg’s supermarkets and their pharmacies in the greater Cincinnati area to local grocery chain Remke Markets. Four of the stores being sold are
April 5, 2010 by MMR
Retail News
MINNEAPOLIS — Supervalu Inc. has agreed to sell six bigg’s supermarkets and their pharmacies in the greater Cincinnati area to local grocery chain Remke Markets. Supervalu Inc. has agreed to sell six bigg’s supermarkets and their pharmacies in the greater Cincinnati area to local grocery chain Remke Markets. Four of the stores being sold are
April 5, 2010 by MMR
Retail News
GOODLETTSVILLE, Tenn. — Dollar General has begun selling Rexall health care products and said it will be the exclusive retailer of the brand. Dollar General has begun selling Rexall health care products and said it will be the exclusive retailer of the brand. The deep discount chain said Wednesday that Rexall vitamins and supplements are