AUSTIN, Texas — Target Corp. has teamed up with Fast Company magazine for a contest offering a $75,000 prize to the person who develops the best new mobile experience for Target. Target Corp. has teamed up with Fast Company magazine for a contest offering a $75,000 prize to the person who develops the best new
PARIS — Carrefour SA reported a sharp increase in net profit for 2012, boosted by the sell-off of underperforming assets. Carrefour SA reported a sharp increase in net profit for 2012, boosted by the sell-off of underperforming assets. The French company, the world’s second-largest retailer after Walmart, reported a net profit of 1.2 billion euros
MEXICO CITY — Walmart de México plans capital expenditures of between 17.3 billion pesos and 17.9 billion pesos ($1.35 billion to $1.4 billion) this year, with more than half of that sum devoted to new store openings. Walmart de México plans capital expenditures of between 17.3 billion pesos and 17.9 billion pesos ($1.35 billion to
On March 9, some 1,500 people attended the American Diabetes Association’s 11th annual Kiss a Pig Gala at the John Q. Hammons Center in Rogers, Ark. On March 9, some 1,500 people attended the American Diabetes Association’s 11th annual Kiss a Pig Gala at the John Q. Hammons Center in Rogers, Ark. Convened to raise
The National Association of Chain Drug Stores and its members earlier this month reiterated their commitment to play a forceful role in health care policy when they brought together some 300 retail pharmacy advocates from across the country to interact with members of Congress and the executive branch. The National Association of Chain Drug Stores
NEW YORK — Walmart and Target Corp. both reported weak sales in February, suggesting that mass retailers continue to face serious economic headwinds. Walmart and Target Corp. both reported weak sales in February, suggesting that mass retailers continue to face serious economic headwinds. Walmart officials blamed increases in payroll taxes and delays in tax refunds
BOISE, Idaho — Ahead of its acquisition of five supermarket chains from Supervalu Inc., a deal that is due to close this month, Albertsons LLC has named the executives who will head those chains and their major divisions, which together will operate about 877 stores. Ahead of its acquisition of five supermarket chains from Supervalu
MATTHEWS, N.C. — Ahold NV and Publix Supermarkets Inc. are among the companies reportedly considering bids for Harris Teeter Supermarkets Inc. Ahold NV and Publix Supermarkets Inc. are among the companies reportedly considering bids for Harris Teeter Supermarkets Inc. First-round bids for the company are not due until later this month, and so far neither
CHESAPEAKE, Va. — Dollar Tree Inc. reported an 11.5% increase in consolidated net sales and an 8.4% increase in net income for its fiscal year ended January 28, supporting president and chief executive officer Bob Sasser’s view that the company is well positioned for today’s economy. Dollar Tree Inc. reported an 11.5% increase in consolidated
HOFFMAN ESTATES, Ill. — Sears Holdings Corp. sharply reduced its net loss for fiscal 2012, but sales at both the Sears and Kmart units remained anemic. Sears Holdings Corp. sharply reduced its net loss for fiscal 2012, but sales at both the Sears and Kmart units remained anemic. In fact, 2012 represented the sixth consecutive
WABAN, Mass. — Publix Super Markets Inc. and Trader Joe’s Co. were given the highest scores by consumers surveyed for the 2013 Temkin Experience Ratings. Publix Super Markets Inc. and Trader Joe’s Co. were given the highest scores by consumers surveyed for the 2013 Temkin Experience Ratings. Other mass market retailers in the survey that
WOONSOCKET, R.I. — CVS/pharmacy has revamped its Gold Emblem line of food and beverages with enhanced ingredients, new snack options and more flavors. CVS/pharmacy has revamped its Gold Emblem line of food and beverages with enhanced ingredients, new snack options and more flavors. The popular line, which includes a wide variety of snacks, dessert items,