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GOODLETTSVILLE, Tenn. — Dollar General Corp. celebrated a major milestone Monday morning with the grand opening of its first store in Wyoming, its 45th state. “Today, we are excited to welcome Pine Bluffs, Wyoming to the communities we have the privilege to serve everyday with value and convenience,” Dollar General chief executive officer Todd Vasos
WASHINGTON — The National Association of Chain Drug Stores cancelled its planned RxIMPACT Day, citing the likelihood of cancelled meetings due to the COVID-19 virus. NACDS president and chief executive officer Steven Anderson announced the cancellation Monday in a memo posted on the association’s web site. The event was to include a reception and dinner
ISSAQUAH, Wash.— Costco Wholesale Corp. reported a 10.5% increase in net sales for the second quarter of fiscal 2020. Comp store sales were up 9.1% in the United States and 8.9% for the company as a whole. Net sales for the 12 weeks ended February 16 totaled $38.26 billion, up from $34.63 billion in the
CINCINNATI — Kroger Co. posted solid fourth-quarter results on Thursday, with sales fueled by its private-label offerings and its expanded online pickup and delivery capabilities. Same-store sales (excluding gasoline) increased 2% from the comparable period a year earlier. Fourth-quarter digital sales increased 22%. Full-year comps were also up 2%, and digital sales increased 29%. Total
CHESAPEAKE, Va. — Dollar Tree on Wednesday reported financial results for its fourth quarter and fiscal year ended February 1. The discount retailer said consolidated net sales increased 1.8% to $6.3 billion in the fourth quarter. On a full-year basis, sales increased 3.5% to $23.61 billion. Comparable-store sales increased 0.4% in the fourth quarter, as
MINNEAPOLIS — Target on Tuesday reported better than expected earnings in its fourth quarter and fiscal year and said it expects operating margins to grow by mid-single digits this year. Target posted net earnings of $834 million in the fourth quarter, an increase of 4.4% from a year earlier. Comparable-store sales were up 1.5% for
LAKELAND, Fla. — Publix Super Markets Inc. on Monday posted earnings of $789 million in its fiscal fourth quarter. Sales increased 5%, to $9.8 billion. Comparable-store sales increased 3.6% in the period, the company said. Publix’s sales for the fiscal year ended December 28 were $38.1 billion, up 5.6% from fiscal 2018. Full-year comps increased
MINNEAPOLIS — Target Corp. has hired Heath Holtz to serve as senior vice president of field operations. He will oversee Target’s supply chain and logistics field network to support the retailer’s more than 1,800 stores, the company said on Friday. Holtz joins the company on March 1 and will report to Arthur Valdez, Target’s executive
BENTONVILLE, Ark. — Walmart has been testing its own membership program to compete with Amazon Prime, according to published reports. Called Walmart+, the program could launch as soon as next month. The move is seen as a recognition of how effective the Amazon Prime membership program, which debuted in 2005, has been in fueling customer
WASHINGTON — Retail sales should grow by 3.5% to 4.1% this year, according to a forecast released Wednesday by the National Retail Federation. The trade group is predicting that sales in 2020 will top $3.9 trillion, despite uncertainty from the lingering trade war, the coronavirus outbreak and the presidential election. “The nation’s record-long economic expansion
SEATTLE — Amazon upsized its Amazon Go checkout-free store concept on Tuesday with the opening of its first Amazon Go Grocery store, which measures 10,400 square feet and carries about 5,000 products, including perishables like fresh meat and produce, and household items like paper towels. The new store is more than four times the size
ZAANDAM, the Netherlands — Ahold Delhaize on Monday detailed new long-term targets for its “Healthy and Sustainable” initiative. The company said its efforts are intended to help its customers make healthier and more informed product choices, while increasing product transparency and eliminating waste. “Food-related diseases and the impact of climate change are affecting billions of